Longtime CEO of General Electric Jack Welch dies at age 84


Retired longtime General Electric chief Jack Welch passed away at the age of eighty four Jack Welch's first job G. E. the company would eventually run and remake was as a chemical engineer by the time he was forty five feet engineer his way to the top spot chairman and CEO in charge he had a simple rule for all of G. E.'s divisions if they were market leaders there are three choices fix it close it or sell it during his twenty year tenure from nineteen eighty one to two thousand one G. E.'s value jump from twelve billion dollars to over four hundred billion also part of his mantra cutting payroll G. E. shed over a hundred thousand workers in his first five years on the job Jerry Preston ABC

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