Albert J. Dunlap
American corporate executive (1937–2019) / From Wikipedia, the free encyclopedia
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Albert John Dunlap (July 26, 1937 – January 25, 2019) was an American corporate executive.[2][3] He was known at the peak of his career as a professional turnaround management specialist and downsizer. The mass layoffs at his companies earned him the nicknames "Chainsaw Al"[4] and "Rambo in Pinstripes", after he posed for a photo wearing an ammo belt across his chest.[5] It was later discovered that his reputed turnarounds were elaborate frauds and his career was ended after he engineered a massive accounting scandal at Sunbeam Products, now a division of Newell Brands, that forced the company into bankruptcy.[6] Dunlap is on the lists of "Worst CEOs of All Time" published by several business publications.[7][8] Fast Company noted that Dunlap "might score impressively on the Corporate Psychopathy checklist"[9][10] and in an interview, Dunlap freely admitted to possessing many of the traits of a psychopath, but considered them positive traits such as leadership and decisiveness.[11][12] He was a major benefactor of Florida State University.[13]
Albert J. Dunlap | |
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Born | Albert John Dunlap (1937-07-26)July 26, 1937 Hoboken, New Jersey, U.S. |
Died | January 25, 2019(2019-01-25) (aged 81) Ocala, Florida, U.S. |
Nationality | American |
Other names | Chainsaw Al (Nickname) |
Education | United States Military Academy (BS) |
Occupation | Corporate executive |
Military career | |
Allegiance | United States |
Service/ | United States Army |
Years of service | 1960–1963 |
Rank | First lieutenant |
Unit | Air Defense Command |
Notes | |