Intel CEO among latest to quit Trump manufacturing council


"America's leaders must honour our fundamental views by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal".

Only a day after Donald Trump labeled the growing number of CEOs quitting his business council "grandstanders" who, in some cases, were hurting ordinary Americans, the president tweeted that he would abolish the advisory groups rather than put pressure on executives to stay.

Kevin Plank, CEO of sportswear company Under Armour, and Brian Krzanich, CEO of chipmaker Intel, have each stepped down from their positions on the United States president's manufacturing council. Instead, Trump gave a vague response saying there were "many sides" to blame, while the only two sides on display were neo-Nazis and those who stood against their hatred and violence. Trump initially bemoaned violence on "many sides", though on Monday he described members of the KKK, neo-Nazis and white supremacists as "criminals and thugs".

The council is tasked with advising the President on American manufacturing and was founded shortly after the inauguration.

A Greene County native was one of the members of President Donald Trump's now-defunct manufacturing jobs council who left over the president's statements about the weekend's violent protests in Virginia.

Then came resignations from Under Armour CEO Kevin Plank and then Intel CEO Brian Krzanich.

But the parade of departing leaders from the informal panel seems closely linked to how the president responded to events that led to the death of a counter-protester that opposed the white supremacists.

Paul Polman, the chief executive of Unilever, which owns the Dove and Axe brands, praised Frazier for standing up "for the moral values that made this country what it is".

"The President will be meeting with some of the world's most successful and creative business leaders to share their experiences and gain their insights", a January 27 statement said.

BlackRock CEO Larry Fink called some of his firm's clients and said he planned to resign from the forum, according to a person familiar with the matter.

Now, Mr. Levick said, his clients, which include Fortune 500 companies, are starting to feel safer about speaking out.

Frazier's exit marks the fourth time a prominent CEO has walked away from one of Trump's White House boards.

Lawrence Summers, once the chief economist at the World Bank and senior Treasury official, wondered when more business leaders will distance themselves from Trump.

But Trump hasn't personally condemned the hate groups by name.

The president was quite vocal Tuesday about his disapproval over the CEO's decisions to quit.

"That's very good", Trump said at the time.

Now former Uber CEO Travis Kalanick left Trump's boards in February over the administration's travel ban, which targeted Muslim-majority countries.