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Case
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Reference no. 9-803-S18
Spanish language
Published by: Harvard Business Publishing
Originally published in: 2003
Version: 30 December 1999
Length: 24 pages
Data source: Published sources

Abstract

This is a Spanish version. Al Dunlap was one of the best-known corporate turnaround artists of the 1990s. In 1996, he was hired at Sunbeam to effect a restructuring, but was fired almost two years later when the company's financial performance and stock price began to decline. Many of the controversies that had surrounded him at his previous job, Scott Paper, followed him to Sunbeam: his rejection of the multiple stakeholder view of corporate governance, his aggressive managerial style, his shaky relations with the media, and his high level of pay. The case describes Dunlap's compensation package at Sunbeam and addresses the issue of how US companies compensate 'superstar' CEO's.
Location:
Industry:
Size:
USD109,415,000 revenues, 7,500 employees
Other setting(s):
1996-1998

About

Abstract

This is a Spanish version. Al Dunlap was one of the best-known corporate turnaround artists of the 1990s. In 1996, he was hired at Sunbeam to effect a restructuring, but was fired almost two years later when the company's financial performance and stock price began to decline. Many of the controversies that had surrounded him at his previous job, Scott Paper, followed him to Sunbeam: his rejection of the multiple stakeholder view of corporate governance, his aggressive managerial style, his shaky relations with the media, and his high level of pay. The case describes Dunlap's compensation package at Sunbeam and addresses the issue of how US companies compensate 'superstar' CEO's.

Settings

Location:
Industry:
Size:
USD109,415,000 revenues, 7,500 employees
Other setting(s):
1996-1998

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