Merck & Co. CEO Ken Frazier (right) listens to US President Donald Trump speak during a meeting with manufacturing CEOs at the White House in Washington, DC, US on 23 February 2017. Photo: ReutersNew York: Merck & Co.’s CEO resigned from President Donald Trump’s council of manufacturing executives Monday, saying “America’s leaders must honour our fundamental values” by rejecting expressions of hatred, bigotry and group supremacy. Frazier is an African-American CEO—a rarity in large American corporations—and Merck has sometimes taken stands on social issues. CEO departuresOther chief executives have also stepped down from the various business-advisory groups pulled together by the Trump administration. Former Uber Technologies Inc. CEO Travis Kalanick quit in February after Trump’s executive order on immigration.

Source: Mint August 14, 2017 14:15 UTC