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In this Oct. 22, 2013, file photo, former Chairman and CEO of General Electric Jack Welch appears on CNBC on the floor of the New York Stock Exchange. Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died at the age of 84. (AP Photo/Richard Drew, File)

In this Oct. 22, 2013, file photo, former Chairman and CEO of General Electric Jack Welch appears on CNBC on the floor of the New York Stock Exchange. Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died at the age of 84. (AP Photo/Richard Drew, File)

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