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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.
In some years, that business made up as much as half the companyâs income, and G.E. became one of the largest lenders in the United States. The finance buildup was begun by Jack Welch, the legendary chairman and chief executive and Mr. Immeltâs predecessor, who served for two decades and oversaw an era of tremendous global expansion.