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Albert 'Chainsaw' Dunlap
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Entrepreneur
    (July 26, 1937- )
    Born in Hoboken, New Jersey
    AKA ‘Rambo in Pinstripes’ (among other names)
    CEO of Nitec Paper Corporation (1974–1976) and Sunbeam Products
    Subject of documentary film ‘Cutting to the Core — Albert J(ohn) Dunlap’
    One of Time Magazine’s Top 10 Worst Bosses (2010)
    His business philosophy was geared almost entirely toward stockholders.
    He loved W’s approach to the federal budget.
    He did not have a reputation as a family man.
    Nor was he renowned for a thick skin.
    He engineered a massive accounting fraud at a paper mill company where he was the president in the mid-1970s.
    For a 2005 Fast Company magazine article called ‘Is Your Boss a Psychopath?’ the editor noted that he ‘sucked the very life and soul out of companies and people.’ For starters.
    ‘I’m a superstar in my field, much like Michael Jordan in basketball and Bruce Springsteen in rock n’ roll.’
    Before Kenneth Lay…
    Having secured a combined base pay of some $3,2 million, he was a master at pulling the wool over the bosses’ eyes.
    His business model would come to be known as a ‘Dunlapism’ — how to increase the value of the stock.
    He spearheaded the creation of clay tennis courts at the Niagara Falls Country Club.
    Ultimately, he would be legally forbidden to serve as an officer or director for any public company.

Credit: Cool It All Right?


    In 2018, Out of 16 Votes: 50.0% Annoying
 
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