- Source of Wealth: General Electric
- Age: 84
- Birth Place: Peabody, Massachusetts.
- Marital Status: Married to Suzy Welch
- Full Name: John Francis Jack Welch, Jr.
- Nationality: American
- Date of Birth: Nov 19, 1935
- Occupation: Businessperson, Author, Management, CEO
- Education: University of Massachusetts–Amherst BS, University of Illinois–Champaign, MA , PhD
- Children: Four
John Francis “Jack” Welch, Jr. was Chairman and CEO of General Electric between the years of 1981 and 2001. During his time at GE, the company’s value rose 4000%.
When Welch retired in 2001 he received a severance payment worth $417 million. That was the largest severance package paid to any American CEO in the last decade.