After Campbell's CEO Steps Out from Advisory Panel, Trump Dismantles Boards Altogether

President Donald Trump has been lead to shut down two of his business advisory councils (Strategy & Policy Forum and Manufacturing Jobs Initiative) which were created to help generate jobs, cut down taxes and get rid of regulations preventing economic growth. This happened after executives from major corporations felt compelled to break ties with the controversial administration.

Trump Tweeted:

Trump’s failure to denounce the violent white supremacist rally in Virginia, where a 32-year-old woman was killed and 19 others were injured by a driver who rammed a car into a crowd of demonstrators, forced many leaders to rethink their relationship with POTUS. After backlash, business leaders, like Campbell Soup Company CEO Denise Morrison, decided to step back and disassociate the companies they represent with the White House.

Morrison said in a statement, minutes before Trump scrapped the advisory boards:

"Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville.  I believe the President should have been – and still needs to be – unambiguous on that point.

Following yesterday’s remarks from the President, I cannot remain on the Manufacturing Jobs Initiative. I will continue to support all efforts to spur economic growth and advocate for the values that have always made America great."

Other business leaders, like PepsiCo CEO Indra Nooyi, were also being pressured to #QuitTheCouncil through online campaigns by Color of Change, a nonprofit racial-justice group.

Rashad Robinson, executive director of the group, told Bloomberg:

"We let Pepsi know about 24 hours ago that we would be moving forward on them,” Robinson said in an interview on Tuesday [August 15th]. “They are a public-facing company that talks openly about diversity. Their role on this business council is that of an enabler, and they are an enabler to Donald Trump -- not just the policies but the practices that are putting folks in harm’s way."

In response to the unfortunate events from the "Unite The Right" rally, Nooyi tweeted:

As reported by Recode, the following prominent leaders had left the business councils before they were dismantled by Trump:

  • Brian Krzanich — CEO, Intel Corporation
  • Ken Frazier — CEO, Merck & Co., Inc.
  • Kevin Plank — Founder, CEO, chairman, Under Armour
  • Elon Musk — Founder and CEO of SpaceX and Tesla
  • Bob Iger — CEO of Disney
  • Travis Kalanick — Now-former CEO of Uber
  • Scott Paul — President, Alliance for American Manufacturing
  • Richard Trumka — President, AFL-CIO
  • Inge Thulin — Chairman, president, CEO, 3M