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Birthdate
Was born in Peabody, Massachusetts -
Obtained Four Jobs
Also was a captain of the hockey team and part of the football and baseball team. Alsready showing signs of leadership, players said he hated to lose -
Graduated from Highschool and went to College
He joined Illinois Highschool for chemical engineering -
Obtained Bachelor's Degree
Gained his Bachelor's degree in chemical engineering, but decided to go back and get his Master's and PhD at the same school -
Obtained Master's and PhD
Finally is done with school, it was time to go look for a career jobs, started with GE -
Joined GE
Became a junior engineer at GE, and only after a year, Welch almost quit after feeling like he was underappreciated and underpayed. Eventually was convinced to stay by Reubert Gutoff, an executive at the company, and Welch got a huge raise. Reubert promised a more small business atmosphere. -
Almost Fired!
Jack was almost fired after having an experiment that went wrong, as a result, one of the lab's had its roof blown off. -
Promotion #1
Welch had his first promotion, and his position went from junior engineer to head of GE's plastic division. -
Promotion #2
At this point, Wlech had become the head of all chemical divisions, but he only stayed here for about 2 years before he was promoted again. -
Promoted Again!
This time, Jack was prmoted to be the head of strategic planning for GE, it was the first real leadership role that affeted the entire company. This meant now he was working for corporate headquarters. -
Becoming more Powerful
Now, Jack is the vice president of GE, and he is now with the big fish he said he dreamed of being with when he was a kid, just one more thing to do. -
Making History
Jack has now been promoted to the CEO of GE, and at this point, Wlech is 46 years old, making him the youngest CEO of GE in all of its history. Welch stayed at the top until 2001. -
Creating a New Environment
The first thing Jack Welch did when he became the CEO of GE was make the business more laidback and a less strict way to work. Whenever people had ideas, Wlech insisted that they call him Jack instead of Mr Welch. This worked extremely well. -
Revolutionizing Business
Later that year, Welch made a speech in New York about "Making a fast growing Business in a slow-growing economy" The speech is still seen as revolutionary and showed that Welch truly had a vision of the future. -
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Jack Welch: Straight from the Gut
In earlier times, Jack Welch was known as someone who would fire anyone if they did anything wrong. While he was generally nice to most emmployees, make one wrong move, and you're done. Within 5 years, Jack lost almost 200,000 employees. -
Aquiring RCA
GE has officially bought RCA and has become one of the biggest and fastest growing companies in history. -
Manager of the Century
At this point, Jack has really made a name for himself and his company, and he was named Manager of the Century by Fortune magazine and had many articles in Forbes magazines as well. -
Stepping Down
Jack is now at age 67, and he has been the CEO of GE for about 20 years, he has made the worth of GE go up by 4000% and made the worth of GE go up to about 253.5 billion dollars! -
Jack Welch Managment Institute
Now that Jack has had a successul life himself, he decided to make an Institute where he trained CEO's of all different companies. Now, there are 35 successful CEOs that are known to be trained by Jack Welch. -
Net Worth Amount
In 2012, Jack Welch's net worth has been raised to 735 million dollars.
