Under Armour CEO Kevin Plank Says He's Exiting Trump's Manufacturing Council

Merck CEO Resignation Won’t Impact Council Says Industry Group

Earlier, Merck CEO Kenneth Frazier stepped down from Trump's council, which led to the president's open bashing of Frazier and Merck on Twitter.

In a blog posting on intel.com, Krzanich wrote, "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".

He added that politics and political agendas sidelined the important mission of rebuilding America's manufacturing base.

Moreover, the events of last two days have shown that for many CEOs, working with Trump is now seen as politically toxic, meaning that public-private policy negotiation on this plan will also be significantly harder. The company's former CEO, Dan DiMicco, served as a Trump trade adviser during the campaign and worked on the White House transition team.

"On Monday afternoon, following pressure from activists and politicians from both parties, he did specifically name the groups in a statement given at the White House". "I resigned because I want to make progress, while many in Washington seem more concerned with attacking anyone who disagrees with them".

Trump shot back on Twitter Tuesday morning, saying, "For every CEO that drops out of the Manufacturing Council, I have many to take their place".

Frazier is one of the few African Americans to head a Fortune 500 company. When Frazier announced his withdrawal, the President immediately responded on his social network of choice. Less than an hour after Merck tweeted a statement from Frazier announcing his departure, Trump wrote that the pharmaceutical executive would now "have more time to LOWER RIPOFF DRUG PRICES".

The move came after the president's initial tepid response to the weekend protests in Virginia.

He also took aim at the media for its continued focus on his response to the Charlottesville tragedy, calling them "truly bad people".

Earlier in the day, Frazier said that he was stepping down in protest.

Meanwhile, other executives stated their support for Frazier.

More business executives have bowed out of Donald Trump's camp. The turmoil includes Google's recent firing of James Damore, the engineer whose 10-page memo slamming Google's diversity push has turned him into a hero of those who abhor so-called political correctness, and for those who believe Google is too liberal and quashed his free-speech rights.

Immelt, in a statement, said he found Trump's statements Tuesday about the weekend incidents in Charlottesville, Va., to be "deeply troubling". After Plank called Trump a "real asset" to the nation when he joined the council, both Curry and Copeland spoke out against Plank's praise.



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