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Friday, March 29, 2024

Intel CEO Resigns From Trump Manufacturing Council Over “Divided Political Climate”

Courtesy of Zero Hedge

The CEOs on President Trump’s Manufacturing Council are dropping like flies as they realize, one by one, this weekend’s media mayhem surrounding Trump’s comments about the chaos in Charlotteville is the perfect excuse to detach from the Trump bandwagon.

[It’s a good reason. Thank you, Ken Frazier, Kevin Plank and Bryan Krzanich.]

Following Merck’s Ken Frazier and Under Armour’s Kevin Plank, Intel CEO Bryan Krzanich chose to resign his position by announcing it quietly on a blog post at 2230ET explaining that he is departing the manufacturing council in order to bring attention to the demise of US manufacturing…

In a blog post, Krzanich said that the decline in American manufacturing remains a serious issue, but said that “politics and political agendas have sidelined the important mission of rebuilding America’s manufacturing base.”

 “I resigned 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,” Krzanich said in a blog post.

“Politics and political agendas have sidelined the important mission of rebuilding America’s manufacturing base.”

Here is Krzanich’s full statement:

Earlier today, I tendered my resignation from the American Manufacturing Council. I resigned 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. Politics and political agendas have sidelined the important mission of rebuilding America’s manufacturing base.

I have already made clear my abhorrence at the recent hate-spawned violence in Charlottesville, and earlier today I called on all leaders to condemn the white supremacists and their ilk who marched and committed violence. I resigned because I want to make progress, while many in Washington seem more concerned with attacking anyone who disagrees with them. 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.

I am not a politician.

I am an engineer who has spent most of his career working in factories that manufacture the world’s most advanced devices. Yet, it is clear even to me that nearly every issue is now politicized to the point where significant progress is impossible. Promoting American manufacturing should not be a political issue. My request—my plea—to everyone involved in our political system is this: set scoring political points aside and focus on what is best for the nation as a whole. The current environment must change, or else our nation will become a shadow of what it once was and what it still can and should be.

So who’s left?

Here’s the full list of members on the new manufacturing council:

  • Andrew Liveris, The Dow Chemical Company
  • Bill Brown, Harris Corporation
  • Michael Dell, Dell Technologies
  • John Ferriola, Nucor Corporation
  • Jeff Fettig, Whirlpool Corporation
  • Mark Fields, Ford Motor Company
  • Ken Frazier, Merck & Co., Inc.
  • Alex Gorsky, Johnson & Johnson
  • Greg Hayes, United Technologies Corp.
  • Marillyn Hewson, Lockheed Martin Corporation
  • Jeff Immelt, General Electric
  • Jim Kamsickas, Dana Inc.
  • Klaus Kleinfleld, Arconic
  • Brian Krzanich, Intel Corporation
  • Rich Kyle, The Timken Company
  • Thea Lee, AFL-CIO
  • Mario Longhi, U.S. Steel
  • Denise Morrison, Campbell Soup Company
  • Dennis Muilenburg, Boeing
  • Elon Musk, Tesla
  • Doug Oberhelman, Caterpillar
  • Scott Paul, Alliance for American Manufacturing
  • Kevin Plank, Under Armour
  • Michael Polk, Newell Brands
  • Mark Sutton, International Paper
  • Inge Thulin, 3M
  • Richard Trumka, AFL-CIO
  • Wendel Weeks, Corning
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