John F. Welch

In his first full year back from heart bypass surgery, General Electric Chairman and CEO JOHN F. WELCH lost none of the energy that has made him one of America's top executives. Welch, 61, pushed ambitious plans to expand into services, accelerate growth, and boost quality. As earnings topped $7 billion and market cap roared to $169 billion, GE became the world's most valuable company--and the most profitable.

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