The manager of the century, the head of General Electric, died Jack Welch
The former head of General Electric Jack Welch (John Francis Welch Jr.) died at the age of 84, the company said . Welch led the company for 20 years - from 1981 until retirement in 2001. Under him, GE capitalization increased 40 times , or from $ 14 billion to $ 400 billion in nominal dollars, net profit - 10 times. In 1981, the company was in eighth place in S&P 500, in 2001 - in the first.