Introduction		Al's Second Step		Al's Reputation Backfires
	100 Years of Change		Al's Third & Fourth Steps		LookingForward
	Albert Dunlap, "Chainsaw Al"		Sunbeam Turnaround		Questions
	Al's First Step		Questions Surface		References

Sunbeam and "Chainsaw Al"

Introduction

When John Stewart and Thomas Clark founded the Chicago Flexible Shaft Company in Dundee, Illinois, in 1897, they probably never expected the company would be facing ethical and financial dilemmas more than a century later. Like many corporations, the firm has changed and faced many crises. It has acquired rival companies, added totally new product lines, changed its name, gone through bankruptcy, gone public, rebounded, restructured, relocated, hired and fired many CEOs, including "Chainsaw Al," who contributed to its latest crisis.

Next: Sunbeam's 100+ Years of Change >>