# Jack Welch

Jack Welch served as chairman and CEO of General Electric from 1981 to 2001, increasing the company's market value from $12 billion to $410 billion and becoming the most celebrated corporate executive of his era. His management philosophies — including the controversial "rank and yank" system — were studied in business schools worldwide, though his legacy has since been reassessed.

## Quick Facts

- **Born:** November 19, 1935
- **Birthplace:** Peabody, United States
- **Nationality:** American
- **Occupation:** Industrial Conglomerate / Management
- **Category:** Entrepreneurs
- **Net Worth:** $750M (est. 2019)
- **Also Known As:** Neutron Jack, The Manager of the Century

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Source: https://peoplebio.info/p/jack-welch