AUDIOBOOK
About
Al Dunlap is an original: an outspoken, irascible executive with an incredible track record of injecting new life into tired companies. The business media have coined a new verb "to dunlap" when describing a fast company turnaround. In April 1994, he became CEO and chairman of Scott Paper, which had lost $277 million in 1993, was on credit watch for excessive debt, and whose stock had been comatose for seven years. In a mere 19 months, Scott had record earnings, the stock had increased in value by $6.5 billion (over 200 percent), and Dunlap merged Scott with KimberlyClark in a stock swap that valued Scott at $9 billion and created the second largest consumer-products company in the United States.