Jack Welch Quotes


Ideally, the star will be replaced within eight hours. This sends the message that no single individual is bigger than the company.


Citations

Welch, Jack, and Suzy Welch. Winning. HarperBusiness, 2005.

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Jack Welch
Jack Welch
  • Born: November 19, 1935
  • Died: March 1, 2020
  • Nationality: American
  • Profession: Businessman, Engineer, Executive

John Francis Welch Jr. was an American business executive, chemical engineer, and writer. He was Chairman and CEO of General Electric (GE) between 1981 and 2001. When he retired from GE he received a severance payment of $417 million, the largest such payment in business history. In 2006, Welch's net worth was estimated at $720 million.