{UAH} Even more leaders drop out of President Trump’s business council
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6:10 PM |
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This post was updated at 6:25 p.m. EST on Aug. 15, 2017.
President Donald Trump took to Twitter on Tuesday to attack the CEOs who abandoned the White House Manufacturing Council to protest the way he has responded to this past weekend's hatred and violence in Charlottesville, Virginia.
More business leaders dropped out Tuesday afternoon. During a tense press conference Tuesday, Trump insisted that both left- and right-wing groups were to blame for the violence that erupted in Charlottesville after white nationalists went there to protest the removal of a statue of Confederate Army general Robert E. Lee.
Trump has been losing the support of America's business leaders amid pressures from investors, consumers, and personal consciences not to associate with the administration.
Early on Monday, Merck CEO Kenneth C. Frazier quit the manufacturing council following Trump's muted response to the neo-Nazi and white supremacist rally in Charlottesville, Virginia. At the rally, a Nazi sympathizer drove a car into the crowd and killing a woman who was protesting. Two police officers died as well. The President's response was widely seen as insufficient condemnation of the white supremacist rally.
After Kenneth Frazier's resignation, more CEOs followed.
Under Armour CEO Kevin Plank announced his resignation late Monday evening, saying "Under Armour engages in innovation and sports, not politics."
Intel Corp CEO Brian Krzanich announced his resignation after Plank late on Monday evening.
"I resigned to call attention to the serious harm our divided political climate is causing to critical issues, including the serious need to address the decline of American manufacturing," Krzanich said. "Politics and political agendas have sidelined the important mission of rebuilding America's manufacturing base."
Immediately after Frazier resigned, President Trump took to Twitter to attack the pharmaceutical company boss. Krzanich addressed such attacks in his statement.
"I resigned because I want to make progress, while many in Washington seem more concerned with attacking anyone who disagrees with them," he said. "We should honor – not attack – those who have stood up for equality and other cherished American values."
On Tuesday morning, Frazier, Plank, and Krzanich were joined by a non-CEO member of the council, Scott Paul, the president of the Alliance for American Manufacturing who said leaving was the "right thing for me to do" on Twitter. Leaders of the AFL-CIO, the largest federation of unions in the U.S., followed on Tuesday evening.
Here's a list of who has departed and who is currently still on the council, along with any responses we've received from the companies. Yahoo Finance will continue to update this list.
Resigned from council
Elon Musk, Tesla
Ken Frazier, Merck & Co., Inc.
Kevin Plank, Under Armour
Brian Krzanich, Intel
Scott Paul, Alliance for American Manufacturing
On Tuesday, August 15th, Scott Paul announced on Twitter that he was leaving because it was the "right thing for me to do."
Richard Trumka, AFL-CIO
No longer CEOs (still listed on White House web site)
Klaus Kleinfeld, Arconic
Mark Fields, Ford Motor Company
Mario Longhi, U.S. Steel
Doug Oberhelman, Caterpillar
Currently on council
Andrew Liveris, The Dow Chemical Company
The Dow Chemical Company said Liveris would remain on the council.
Bill Brown, Harris Corporation
Harris declined to comment.
Michael Dell, Dell Technologies
Dell declined to say whether Michael Dell would leave the council.
John Ferriola, Nucor Corporation
Jeff Fettig, Whirlpool Corporation
"The company will continue on the Manufacturing Jobs Initiative to represent our industry, our 15,000 U.S. workers, and to provide input and advice on ways to create jobs and strengthen U.S. manufacturing competitiveness," a Whirlpool spokesperson told Yahoo Finance.
Alex Gorsky, Johnson & Johnson
Greg Hayes, United Technologies Corp.
Marillyn A. Hewson, Lockheed Martin Corporation
A Lockheed Martin spokesperson declined to comment.
Jeff Immelt, General Electric
GE said its non-executive chair Immelt will remain on the council.
Jim Kamsickas, Dana Inc.
Rich Kyle, The Timken Company
Thea Lee, AFL-CIO
Denise Morrison, Campbell Soup Company
The company strongly condemned the attack, but Morrison will stay on the council " to have a voice and provide input on matters that will affect our industry, our company and our employees in support of growth."
Dennis Muilenburg, Boeing
Michael Polk, Newell Brands
Mark Sutton, International Paper
According to Business Insider, the company will remain on the council.
Inge Thulin, 3M
Wendell Weeks, Corning
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