Saturday, November 25, 2017

Trump ends business councils over Charlottesville backlash

CEOs turn on the president over white supremacist attack, with Intel’s CEO Brian Krzanich being one of the executives to have walked out.

“Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!”

Words of the US President Donald Trump as he announced on Twitter the end of the two councils following the CEOs exodus over Trump’s reaction to the mortal white supremacist and neo-Nazi attack of Charlottesville.

The two White House councils, overseen by Blackstone Group’s CEO Stephen Schwarzman, were both brought to an abrupt end with all members’ approval.

In a statement, members said: “We believe the debate over Forum participation has become a distraction from our well-intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans.

“As such, the President and we are disbanding the Forum.”

The councils were attended by CEOs of some of the largest American multinationals including Intel’s CEO Brian Krzanich, GM’s chairman and CEO Mary Barra, and IBM’s chairman, president and CEO Ginni Rometty.

Tesla and SpaceX CEO Elon Musk was also a member of the American Manufacturing Council, however, he had left the group in June 2017 over Trump’s decision to withdraw the Paris climate agreement.

Executives that have left as a consequence of Trump’s response to Charlottesville attack including Intel’s Krzanich, CEO Merck & Co.’s CEO Kenneth Frazier, AFL–CIO’s President Richard Trumka and Deputy Chief of Staff Thea Lee, Campbell Soup Company’s CEO Denise Morrison, the Alliance for American Manufacturing’s President Scott Paul, Under Armour’s CEO Kevin Plank, and 3M’s CEO Inge Thulin.

Whilst leaving the council, Krzanich said: “The current environment must change, or else our nation will become a shadow of what it once was and what it still can and should be.”

Meanwhile, also on Twitter, former President Barack Obama has broken the record for the most liked Tweet with his response to the Chancellorsville attack. At 3,593,379 likes [at the time of publishing], the tweet has gone over Ariana Grande’s Tweet following the terrorist attack at Manchester Arena, UK, in May 2017, which received 2,703,776 likes.