Wednesday, November 29, 2017

Intel CEO is the latest to leave Trump's manufacturing council

 

Intel CEO Brian Krzanich has become the third top business leader to step down from President Trump's manufacturing council on Monday.

He follows the chiefs of Merck (MRK) and Under Armour (UA), who announced their decisions earlier Monday amid the fallout over Trump's response to violence over the weekend at a white nationalist rally in Charlottesville, Virginia. 

"We should honor -- not attack -- those who have stood up for equality and other cherished American values. I hope this will change, and I remain willing to serve when it does," Krzanich wrote in a blog post on the Silicon Valley company's website late Monday. 

"I resigned because I want to make progress, while many in Washington seem more concerned with attacking anyone who disagrees with them," he said. 

After Merck CEO Kenneth Frazier, one of America's most prominent black CEOs, quit the council earlier Monday, Trump lashed out at him on Twitter. The president was already under fire for failing to quickly condemn white supremacy after Saturday's Charlottesville rally. 

Facing mounting pressure, Trump denounced the KKK, neo-Nazis and white supremacists hours later as "repugnant." 

Krzanich said Monday night that his resignation was an attempt 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."

Read More: http://money.cnn.com/2017/08/14/technology/intel-ceo-brian-krzanich-trump-manufacturing-council/index.html
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