CEOs gather to speak out against voting law changes


0

A number of top executives and corporate leaders gathered online this weekend to discuss what to do in response to changes to some state voting laws, according to multiple news reports.

The Washington Post reported that more than 100 leaders, including executives from major airlines, retailers and manufacturers — plus at least one NFL owner — talked about potential ways to show they opposed the legislation, which has already been signed into law in Georgia and is being considered elsewhere. That includes halting donations to politicians who support the bills and even delaying investments in states that pass the restrictive measures, according to Jeffrey Sonnenfeld, a Yale management professor and one of the organizers.

The Wall Street Journal, citing unnamed sources who attended, said that Kenneth Chenault, the former chief executive of American Express Co. , and Kenneth Frazier, CEO of Merck & Co., urged dozens of leaders to collectively call for greater voting access. Chenault and Frazier warned businesses against dropping the issue and asked CEOs to sign a statement opposing what they view as discriminatory legislation on voting.

Ad

The new statement could come early this week and would build on one that 72 Black executives signed last month in the wake of changes to Georgia’s voting laws, according to the newspaper’s report.

A number of companies and their leaders have spoken up on the issue in recent weeks. While Republican lawmakers — such as Senate Minority Leader Mitch McConnell — have derided such action, many activists and others say big business hasn’t gone far enough.

More than 350 different voting bills are under consideration in dozens of states, according to a tally from the Brennan Center for Justice, a public-policy think tank. The Wall Street Journal reported that some executives on the call described some bills as either racist or restrictive, and several participants described their efforts as critical to democracy, rather than partisan.

While many companies indicated their support of a statement or further action, some remain reticent to speak out on a politically charged issue.

Ad

One executive from a Fortune 100 consumer-products company told the Wall Street Journal that while board members, employees and vendors are pressing leaders to speak out, doing so could put a bull’s-eye on the company.

“It’s really a no-win situation from a corporate standpoint,” the executive said.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


Like it? Share with your friends!

0

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win
admin

0 Comments

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format