Former GE Chairman Jack Welch and his wife, Suzy, are resigning from the column they write for BusinessWeek.
Welch, who recently ended a 14-week hospital stay, told the Post it was an amicable parting. He wants to devote more time to the Jack Welch Institute, an online MBA program at the for-profit Chancellor University System.
“We did it for four years and it was tougher than we ever thought,” Welch said. “Every Sunday it was like a guillotine hanging over our heads.”
Maria Bartiromo, the CNBC anchor known as the “Money Honey” is also ending her column, effective with the magazine’s change of ownership. The embattled magazine is in the process being sold by McGraw-Hill to Mayor Mike Bloomberg’s company, Bloomberg L.P., for $9.3 million in cash plus assumption of some liabilities.
The Welch and Bartiromo columns were among the magazine’s most popular in readership surveys.