| | | | | | | Jack Welch, the former chairman and CEO of General Electric, died Sunday at 84. After becoming CEO of General Electric in 1981, he was ranked as one of America's toughest bosses for the layoffs and "Fix, Sell, or Close" strategy by which he revolutionized the company. Two decades later, he had made G.E. the most valuable corporation on the planet—and himself the most admired CEO of his era. When Welch's retirement and memoir arrived, David Margolick found him on Nantucket in 2001, to talk about how he'd wrestled with the recent Honeywell-merger and Hudson River-PCB controversies, why he'd never again drink inexpensive wine, and what he'd left out of his book. | | | | | | | |
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