Jack Welch (Former GE CEO)

Jack Welch was the CEO of General Electric (GE) from 1981 to 2001, known for transforming the company into one of the world's most valuable and efficient corporations. He emphasized performance, introducing a competitive culture called "rank and yank," where underperformers were removed. Welch focused on core business strengths and divested from less profitable areas, expanding GE’s reach globally. His management style and strategies are often studied in business schools, and he’s credited with significant shareholder value creation during his tenure, making him a highly influential figure in corporate leadership. He passed away in 2020.