Published: Sat, August 19, 2017
Business | By Max Garcia

Under Armour CEO Kevin Plank Leaving Trump's Manufacturing Council

Under Armour CEO Kevin Plank Leaving Trump's Manufacturing Council

Merck chief executive Kenneth Frazier was the first to depart the council Monday, followed by Intel Corp. All of them said, or implied, they were leaving because of how Trump responded to Charlottesville, where on August 12 a neo-nazi murdered a woman and injured several other people with his vehicle.

With the barbs, Trump appeared to attack an industry executive who has tried to make drug pricing somewhat more transparent by revealing his company's overall drug price changes.

Richard Trumka, president of the largest federation of US labor unions, the AFL-CIO, questioned the council's effectiveness and said the group was mulling leaving.

"Racism is evil and those who cause violence in its name are criminals and thugs, including the KKK, neo-Nazis, white supremacists and other hate groups that are repugnant to what we hold dear as Americans", he said Monday, specifically calling out the groups participating in the rally.

He also dismissed all CEOs who've left the council and accused them of trying to win public favor by leaving.

A majority of them left after criticism mounted over the USA president's less-than-encouraging response to the weekend violence in Charlottesville, where a vehicle rammed into a crowd peacefully protesting against the rally by white supremacists, killing a 32-year-old woman.

"I am appreciative of the opportunity to have served, but have chose to step down from the council", he added. "Grandstanders should not have gone on".

Mentioning that the current unfolding of events in Virginia is not linked to his presidency, Trump said, "It has been going on for a long time in our country - not Donald Trump, not Barack Obama".

Trump tweeted that "rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both".

While both Democrats and Republicans swiftly rejected violence perpetrated by white supremacists that left one woman dead, Trump said Saturday that "many sides" were to blame.

Goldman Sachs CEO Lloyd Blankfein tweeted: "Lincoln: 'A house divided against itself can not stand.' Isolate those who try to separate us".

In February, he stood next to the president in the White House to announce a $7 billion investment in a new US factory.

AFL-CIO president Richard Trumka and another union official, Thea Lee, resigned later in the day after Trump once again equated the nationalist protests with counter-protesters.

Since Monday, three CEO have stepped down from their advisory roles.

Like this: