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Albert John Dunlap (born July 26, 1937〔(Feiden, Douglas. "SUN SETS ON 6,000 'CHAINSAW AL' SAYS: I'M A SUPERSTAR" ''New York Daily News'' November 13, 1996 )〕) is a retired corporate executive. He was best known as a turnaround specialist and professional downsizer, although it was later discovered that his reputed turnarounds were elaborate frauds. The ruthless methods he employed to streamline failing companies, most notably Scott Paper, won him the nicknames "Chainsaw Al" and "Rambo in Pinstripes". However, his reputation was ruined after he engineered a massive accounting scandal at Sunbeam-Oster. His widespread layoffs and fraudulent earnings have put him on several lists of worst CEOs. ==Early career== Born in Hoboken, New Jersey,〔 Dunlap graduated from West Point before being employed by Lily Tulip Cup and Scott Paper. He engineered a massive accounting fraud at Nitec, a paper-mill company in Niagara Falls, New York. He was the company's president from 1974 to 1976, when he was fired due to his abrasive management style. An audit by Arthur Young (now part of Ernst & Young) revealed numerous irregularities, including inflated inventory and nonexistent sales—circumstances similar to the later Sunbeam case. The final result was that Nitec's $5 million profit for 1976 was actually a $5.5 million loss. Nitec sued Dunlap for fraud, but was ultimately forced out of business. However, Dunlap never mentioned Nitec on his resume, and these scandals weren't widely known until reported by the New York Times after the scandals at Sunbeam.〔Norris, Floyd. (The Incomplete Resume ). New York Times, 2001-07-16.〕 Dunlap mentored James Packer for three years in the late 1980s. Dunlap was CEO of Scott Paper in the 1990s. He sold Scott Paper to Kimberly-Clark in 1995 for $7.8 billion and walked away with a $100 million golden parachute. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Albert J. Dunlap」の詳細全文を読む スポンサード リンク
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