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12%  
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Keyword: jackwelchobit

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  • Jack Welch, Former Chairman And CEO of GE, dies at 84

    03/02/2020 6:01:00 AM PST · by Enlightened1 · 59 replies
    CNBC ^ | 03/02/20
    Jack Welch was a railroad conductor’s son who rose to chairman and CEO of General Electric.During the 20 years he led the conglomerate, its market value grew from $12 billion to $410 billion.Fortune magazine once called him “manager of the century,” but he also was known as “Neutron Jack” for slashing tens of thousands of jobs.  Jack Welch, a railroad conductor’s son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.His death was announced Monday by his wife, Suzy. With...