8th CEO Quits Trump Manufacturing Council

8th CEO Quits Trump Manufacturing Council

8th CEO Quits Trump Manufacturing Council

Merck chairman and CEO Kenneth Frazier, the only African-American business leader on the council, announced Monday on Merck's Twitter account that he was resigning from the initiative. I am appreciative of the opportunity to have served, but have made a decision to step down from the council.

In addition to Under Armour, Merck and Intel also stepped down from the Manufacturing Council yesterday.

After Trump announced in June that the USA would be leaving the Paris climate accord, both Tesla CEO Elon Musk and Disney CEO Bob Iger left his business advisory council. "The past few months have provided me with an opportunity to reflect upon my commitment to these values".

Pressure to leave the groups has built following a news conference Trump held in New York Tuesday where he placed partial blame for the weekend violence on demonstrators protesting a gathering of white supremacists in Charlottesville, Virginia. Denise Morrison, CEO of Campbell's Soup, announced her resignation shortly after Thulin.

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Under Armour chief executive Kevin Plank said his company "engages in innovation and sports, not politics" and did not specifically mention Mr Trump or Charlottesville, but said the firm would focus on promoting "unity, diversity and inclusion" through sports.

The bosses of pharmaceutical giant Merck, computer company Intel, and sportswear manufacturer Under Armour quit the American Manufacturing Council within hours of each other on Monday, issuing pointed statements about the response of U.S. leaders to "expressions of hatred".

Later Monday evening, Intel CEO Brian Krzanich said in a blog post that he, too, was resigning "to call attention to the serious harm our divided political climate is causing to critical issues".

"I resigned because I want to make progress, while many in Washington seem more concerned with attacking anyone who disagrees with them", Krzanich added.

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"We can not sit on a council for a president who tolerates bigotry and domestic terrorism".

Several CEOs are no longer involved with the council as the result of leaving their respective companies.

A White House official downplayed the importance of the manufacturing council and a separate policy and strategy forum featuring corporate leaders.

Lee, who worked as economist and deputy chief of staff at AFL-CIO, also stepped down from the council.

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August 16: Dow Chemical's Liveris, who led the manufacturing group, issued this statement:"Every member of the Manufacturing Jobs Initiative condemns racism and bigotry, and there can not be moral ambiguity around the driving forces of the events in Charlottesville". The president added that he believes economic growth in the US will heal its racial divide. "I hope this will change, and I remain willing to serve when it does". "I will continue to support all efforts to spur economic growth and advocate for the values that have always made America great".

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