CNBC reports Welsh has died

CNBC reports Welsh has died

Legendary GE CEO Jack Welsh has died, according to CNBC.

Welsh turned GE into the most-valuable company in the US during his tenure before retiring in 2001. The events of 9/11 along with later problems at GE Capital during the crisis hurt the company and his legacy, but he inspired a generation of leaders.

There's no word on the cause but he was tweeting early in the year.