county Jack city Welch, county Jack record president conductor county Jack city Welch, county Jack

Jack Welch, GE CEO for Two Decades, Dies at 84

Reading now: 410
hollywoodreporter.com

Jack Welch — who spent two decades as the chairman and CEO of General Electric, including while it was the parent company of NBC —died Monday of renal failure, his wife, Suzy, announced.

Welch was 84. According to CNBC, Welch died late Sunday at home with his family and beloved dogs nearby. Welch ran GE from 1981 to 2001, presiding over impressive market growth as he cut the company's workforce and bought and sold numerous businesses.

It was Welch who spearheaded GE’s acquisition of RCA, which then owned NBC. The $6 billion deal, announced in 1985, was at the time the biggest acquisition ever outside of the oil industry.

Read more on hollywoodreporter.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA