TITLE: Spectrum of unitary elements of a Banach algebra
QUESTION [6 upvotes]: Unitary elements of a Banach space have been defined in this paper as follows:
Let $A$ be a Banach space and $a\in A, \|a\|=1$. Let $S_{a}=\{f\in A':\|f\|=1=f(a)\}$. Then $a$ is said to be (geometrically) unitary if $A'=\text{ span }S_{a}$.
Here, $A'$ is the dual space of $A$.
We note that this property is true for unitary operators on a Hilbert space. Unitary operators on Hilbert spaces are invertible, and their spectra lie on the unit circle.
Now, suppose $A$ is a Banach algebra. Can we say that if $a\in A$ is geometrically unitary, then it is invertible?
I have been trying to find a counter-example, but have been unsuccessful so far. I considered the Banach algebra $l^{1}(\mathbb{Z})$, with convolution as the multiplication. The dual of $l^{1}(\mathbb{Z})$ is $l^{\infty}(\mathbb{Z})$. An element $f$ of $l^{1}(\mathbb{Z})$ is invertible iff $f(z)\neq 0 \, \forall z\in \mathbb{T}$, where $\mathbb{T}$ is the unit circle in $\mathbb{C}$. 
Let us take, for example, $f=(\cdots,0,\frac{1}{2},0,\frac{i}{2},0,\cdots)$, where the central $0$ is in the $0^{th}$ position. Then $f$ is of norm $1$ and can be shown to be not invertible. 
We now consider elements $\phi$ of $S_{f}\subseteq l^{\infty}(\mathbb{Z})$. $\phi$ must satisfy the following:
$ \|\phi\|_{\infty}=1\\$ and $\phi(-1)\frac{1}{2}+\phi(1)\frac{i}{2}=1$.
One possible solution is $\phi=(\cdots,1,x,-i,\cdots)$, where $x$ and the dots can be any scalar less than or equal to $1$.
Is there another possible solution? In that case, we would have a unitary element that is not invertible.
Alternately, is it indeed true that unitary elements described in this geometric fashion are invertible?
I'd be grateful for help with this.

REPLY [7 votes]: The answer to your immediate question is no: there is no other possible solution for $\phi$. To see this, consider that
$$\phi(-1) + i\phi(1) = 2$$
implies
$${\rm Re}(\phi(-1)) + {\rm Re}(i\phi(1)) = 2.$$
If $\|\phi\|_\infty = 1$ then both terms on the left are at most 1, and equal
1 if and only if $\phi(-1) = 1$ and $\phi(1) = -i$. So these values are forced. By a similar argument, the only unitaries in $l^1$ are the elements of the form $\alpha e_n$ where $(e_n)$ is the standard basis and $|\alpha| = 1$.
However, there is an easy counterexample. Consider $\mathbb{C}^2$ with the $l^1$ norm, i.e., $\|(a,b)\| = |a| + |b|$. Give it the product $(a,b)\cdot(c,d) = (ac, ad + bc)$. This is a Banach algebra because
$$\|(a,b)\cdot(c,d)\| = |ac| + |ad + bc| \leq (|a| + |b|)(|c| + |d|) = \|(a,b)\|\|(c,d)\|.$$
The element $(1,0)$ is the unit, and it is unitary, but so is $(0,1)$, which is not invertible.