Bloomberg
August 15, 2017
Could America’s first CEO president lose America’s CEOs?
It was a question that came to the fore again Monday when first Merck & Co.’s Kenneth Frazier, then Under Armour Inc.’s Kevin Plank and Intel Corp.’s Brian Krzanich stepped down from a White House business group set up to advise Donald Trump.
While none mentioned the president, Frazier, one of the country’s most-prominent black chief executive officers, quit the council as Trump was being assailed for failing to quickly condemn white supremacists for deadly violence at a rally Saturday in Charlottesville, Virginia. Frazier said he was acting on a “matter of personal conscience.”
Plank and Krzanich, who are white, referred to the charged atmosphere in the U.S. Plank said he was quitting because his athletic-wear company “engages in innovation and sports, not politics,” and Krzanich, who leads the world’s largest semiconductor maker, cited a “divided political climate” and declared, “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.”
This article was posted: Tuesday, August 15, 2017 at 7:22 am
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