Albert J. Dunlap
Albert J. Dunlap was elected chairman, chief executive officer, and director of Sunbeam Corporation on July 18th, 1996. In the naming of Dunlap as Sunbeam's new leader, the company's stock price jumped 59% overnight. Representing one of the biggest increases in New York Stock Exchange history based soley on the name of a new CEO. Albert Dunlap has engineered eight extremely successful turnarounds, including his most notable, Scott Paper Company. In the first nineteen months of his tenure at Scott, the company's stock price increased 220%. In his major new book, Mean Business, Dunlap provides insights on his management style and recounts the fundamentals for success in turning losing companies into winning ones. He has been featured on Dateline and Nightline, as well as in The New York Times, USA Today, and The Wall Street Journal.
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