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Email to friend. Go to home page. When Jack Welch took over GE in 1981 and became the youngest CEO in GEâs history, the legendary leader made a resolution to transform GE into the worldâs most competitive enterprise.Welch is a strategic thinker, business teacher, corporate icon and management theorist.mail to friend. Go to home page. When Jack Welch took over GE in 1981 and became the youngest CEO in GEâs history, the legendary leader made a resolution to transform GE into the worldâs most competitive enterprise.
Jack Welch was born in Peabody, Massachusetts, the son of Grace (Andrews), a homemaker, and John Francis Welch, Sr, a Boston & Maine Railroad conductor.Jack is Irish American. His paternal and maternal grandparents were Irish.nder Welch's leadership, GE increased market value from $12 billion in 1981 to $280 billion, making 600 acquisitions while shifting into emerging markets. Welch pioneered a policy of informality at the work place, allowing all employees to have a small business experience at a large corporation.