Jeff Immelt told CNBC on Monday the perception of his tenure as CEO of General Electric has been unfair and incomplete.
Wright, also formerly CEO of NBC, told CNBC on Monday that Welch "clearly was one of the best CEOs of his time."
Jack Welch "had a deep passion for winning, and those are very much values that we embody today," GE CEO Larry Culp told CNBC.
Fortune magazine once called him "manager of the century," but he also was known as "Neutron Jack" for slashing tens of thousands of jobs.
CNBC Make It rounded up his best career advice for anyone looking to get the most out of their job.
Former CEO of GE and bestselling author Jack Welch says you must overdeliver to reach the top.
GE's Larry Culp can turn J.P. Morgan's recent downgrade of GE shares into a positive, using the firm's note as a sort of road map to fix the struggling conglomerate, CNBC's Jim Cramer says.
CNBC contributor Suzy Welch says there are four surefire signs it may be time to leave your job.
CNBC's Jim Cramer says was shocked by GE's CEO Larry Culp's modified expectations for the struggling conglomerate's near-term turnaround.
Southwest Airlines founder and chairman emeritus Herbert Kelleher passed away on Thursday at the age of 87, the company said.
"Do you know the number of people who have retired from GE that have seen most of the net worth wiped out?" asks Langone.
GE will be replaced by Walgreens Boots Alliance on the Dow Jones industrial average prior to the open on June 26.
"Harbor Hill" is a waterfront vacation compound recently listed for $42.5 million.
CNBC contributor Suzy Welch shows how to avoid three common traps companies deploy in job interviews.
The downfall at GE has been a "colossal failure" in board leadership, says Langone, also co-founder of Home Depot.
I will fight to my death this is not going to be laid on Jack Welch, says Ken Langone, Invemed Associates founder and Home Depot co-founder, weighing in on the shake-up on General Electric's board.
Immelt's move is a chance for redemption after his departure from GE in the latter half of 2017 capped a rocky 16-year run.
This year was the culmination of GE brushing things under the rug for decades, says John Inch, Deutsche Bank analyst, weighing in on General Electric's outlook, as it new CEO attempts to implement a turnaround plan. Former GE CEO Jack Welch handed Jeff Immelt a tough hand, says Inch.
The move illustrates a classic leadership strategy touted by management guru Jack Welch.
It’s the same if you head up a six-person team or a 400,000-person team, says the former GE CEO and management guru.