![]() ![]() "Jack Welch, obviously, never worked at Boeing himself. I asked Gelles to elaborate about the Boeing ( BA) connection. "And then there was the Boeing story," Gelles said. He was living rent free in the minds of CEOs even to this day. "And time and again, Jack Welch's name kept coming up. "For the last five years or so I've written the Corner Office column at the 'New York Times,' where I've been able to interview literally hundreds of CEOs about their motivations, their influences, their mentors," Gelles said. Yahoo Finance’s Seana Smith and I put that to Gelles in an interview this week on Yahoo Finance Live. Gelles takes Welch’s dismantling to another level, saying the man is " on the Mount Rushmore of men who screwed up this country." Strong stuff, but again, why now? Fortune Magazine, where I worked, named him manager of the century in 1999.īut after Welch stepped down - with a $417 million severance package - GE began to flag, and so too did the legend of Jack. ![]() Thousands passed through GE’s vaunted Crotonville (NY) leadership institute to learn from chairman Jack and his acolytes. REUTERS/Brian Snyder (Brian Snyder / reuters) Retired CEO and Chairman of General Electric Jack Welch speaks to students at the Sloan School of Management at the Massachusetts Institute of Technology in Cambridge, Massachusetts April 12, 2005. ![]()
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