Under Armour and Intel C.E.O.s Follow Merck Chief, Quitting Panel in Rebuke to Trump

RisingWorld 2017-08-18

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Under Armour and Intel C.E.O.s Follow Merck Chief, Quitting Panel in Rebuke to Trump
The decision followed similar moves from Kenneth C. Frazier, the chief executive of drugmaker Merck, who was the first executive to leave the advisory group on Monday,
and Kevin Plank, the founder and chief executive of athletic apparel maker Under Armour, who also announced his decision on Monday evening.
“I applaud his decision to step down from the council this morning.”
Mr. Frazier, Mr. Plank and Mr. Krzanich are not the first chief executives to walk away from one of the president’s advisory groups.
Three chief executives from top American companies resigned from a presidential business council on Monday
following President Trump’s tepid initial response to a violent weekend in Charlottesville, Va.
Brian Krzanich, C. E.O.
“Bigotry, hatred and extremism are an affront to core American values
and have no place in this country,” said Stephen A. Schwarzman, the chief executive of the private equity firm the Blackstone Group and one of the president’s closest advisers in the business community.
P. Roy Vagelos, a former chief executive of Merck, recruited Mr. Frazier to join the company
and said he had made the right decision by acting on his conscience.
@Merck Pharma is a leader in higher & higher drug prices while at the same time taking jobs out of the U. S. Bring jobs back & LOWER PRICES!”
For most of the day, even as Mr. Trump took aim at Mr. Frazier, dozens of other
chief executives who have agreed to advise the president remained silent.

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