How Al Dunlap Self Destructed

The inside story of what drove Sunbeam's board to act

On June 9, Sunbeam Chairman and CEO Albert J. Dunlap stormed out of a board meeting in Rockefeller Center, leaving a conference room filled with puzzled and incredulous directors. Most of them thought the once celebrated champion of downsizing, under mounting pressure, was becoming unglued. One director, say three participants, openly expressed concerns about Dunlap's emotional state.

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