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| Jack Welch the former CEO of GE has passed away. |
On Sunday, the former CEO of General Electric who was dubbed the "manager of the century" passed away from renal failure.
Welch died in his home in Massachusetts on Sunday surrounded by his family.
Donald J. Trump led tributes to the Welch. The former CEO of GE supported Trump's bid for the president. He called him a "friend and supporter" and said about Welch, "there was no corporate leader like "neutron" Jack."
Welch led GE for 20 years from 1981 to 2001, growing it from a $14 billion dollar that made light bulbs and appliances to a financial services and consulting conglomerate valued at $140 billion.
"Today is a sad day for the entire GE family. Jack was larger than life and the heart of GE for half a century. He reshaped the face of our company and the business world. Jack was a strong and constant influence throughout my career despite never having worked directly for him. When I last saw him, what I remember most vividly was when he asked me, 'So how exactly are you running the company?' Jack was still in it -- committed to GE's success. And to have Jack Welch ask me how I am running GE is pretty humbling," said H. Lawrence Culp, Jr., CEO and chairman of GE.
"He will be deeply missed by me and the entire GE team. And we'll continue to honor his legacy by doing exactly what Jack would want us to do: win. We extend our thoughts and sympathies to Suzy and his family during this time."
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