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Former GE chief Jack Welch dies

by Rachel Lynn Aldrich
Posted 3/02/20, 11:41 am

Jack Welch, dubbed by Fortune as “manager of the century” for his work at General Electric, died on Sunday of renal failure. He was 84.

Who was Welch? Born Nov. 19, 1935, in Massachusetts, he got a job at GE in 1960 as a chemical engineer. Welch went on to become CEO in 1981. During his two decades in leadership, he transformed GE into one of the most valuable companies in the world. Its market value grew from $12 billion to $140 billion. Welch wrote several books on management. Along with his third wife Suzy, his children Katherine, John, Anne, and Mark survive him.

Dig deeper: Read Emily Belz’s profile of Ed Morgan, a one-time speechwriter for Welch who left his corporate job to lead the Bowery Mission in New York City.

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Rachel Lynn Aldrich

Rachel is an assistant editor for WORLD Digital. She is a Patrick Henry College and World Journalism Institute graduate. Rachel resides with her husband in Wheaton, Ill.

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    Posted: Mon, 03/02/2020 02:36 pm

    What happened to GE? It used to be a reliable company. Then their electronics like kitchen appliances, etc. became like so many other electronics these days, throw-aways. It's a shame. They had such good stuff in the beginning. 

    Did the company make more money because they sent the manufacturing to China? It would naturally make more money by not having to clean-up old buildings, instead leaving them behind to be claimed by drug dealers and homeless people, and not having to keep Americans on the payroll. (It's on the gov't for allowing companies to leave old bldgs behind.)

    GE isn't the only company that did that, but GE seemed to be almost as American as apple pie and baseball.