(UTV|Jack Welch) – Jack Welch, a titan of American business who transformed General Electric (GE) into America’s most valuable company, has died aged 84.
He ran the US conglomerate from 1981 until 2001, and was once named “manager of the century” for his achievements.
Nicknamed “Neutron Jack” for his cost-cutting, he became a best selling author and confidante of US presidents.
President Donald Trump Tweeted that Mr Welch was a business legend and friend.
Born in 1935 to Irish-Catholic parents in Massachusetts, Mr Welch spent his entire career at GE, which he joined as a chemical engineer in its plastics division at Pittsfield, Massachusetts.