Three CEOs quit presidential manufacturing council following Trump’s first comment on Charlottesville

Three CEOs are walking away from President Trump.

The chief executives of Merck, Under Armour and Intel all quit a presidential manufacturing council on Monday after Trump took two days to denounce white supremacy.

Most notable was Kenneth Frazier of Merck (MRK), one of the most prominent black executives in the United States, who said the nation’s leaders “must honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy.”

The aftermath of the violence at a neo-Nazi and white nationalist rally in Charlottesville, Virginia, represents the latest break between Trump, who sold himself as a businessman president, and leaders of corporate America.

Source: http://money.cnn.com/2017/08/15/news/trump-charlottesville-ceos/index.html

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