Intel CEO latest to leave Trump's manufacturing council

Ken Frazier Donald Trump Ken Frazier Merck Merck CEO

Getty Merck CEO Ken Frazier with President Donald Trump on July 20

The manufacturing panel has seen a wave of defections since Monday, as business chiefs who had agreed to advise the president determined that his remarks left them with no choice but to walk away.

Earlier this year, Plank had publicly expressed support for Trump in comments which sparked a backlash. Krzanich said "I stand with others for equality and improving USA competitiveness".

The demonstration in Charlottesville by hundreds of white nationalists took a deadly turn on Saturday when a vehicle plowed into a group of counter protesters and killed one person.

"America's leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal", Frazier said.

"As CEO of Merck and as a matter of personal conscience, I feel a responsibility to take a stand against intolerance and extremism".

Merck CEO Kenneth Frazier was the first to quit yesterday.

He made his name as the company's top lawyer, steering it through daunting litigation over Vioxx, its widely used painkiller that was withdrawn in 2004 after being linked to heart attacks. But Frazier's legal strategy led to a $4.85 billion settlement in 2007, allowing Merck to refocus on its pipeline of experimental medicines.

The fallout from President Trump's response to the Charlottesville tragedy escalated Wednesday as additional prominent CEOs stepped down from his manufacturing and business policy councils, causing them to collapse.

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In the blog post on Intel's website, Krzanich said that " 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.

According to the Times, even if the group did not disband, a number of executives said they would depart from the council.

Trump has faced a storm of criticism from Democrats and members of his own Republican party over his initial response to Saturday's violence around the rally in Charlottesville.

In quitting his spot, AFL-CIO President Richard Trumka said the manufacturing council has "yet to hold any real meeting" since it was formed. Soon after, the president announced on Twitter that he would end his executive councils, "rather than putting pressure" on executives.

Trump had appointed Liveris to lead the manufacturing council, which was meant to serve as is the principal private sector advisory committee to the secretary of commerce on the manufacturing in the United States.

Frazier's decision was followed hours later by other CEOs on the council, including Intel and Under Armour.

This means that seven executives have left the council, including Elon Musk of Tesla and Bob Iger of Disney, who both left in response to Trump withdrawing from the Paris Climate Agreement.

"We condemn in the strongest possible terms this egregious display of hatred, bigotry and violence on many sides", he had said during a short statement, adding that he had been closely following awful events unfolding in Virginia. "He called for national unity and bringing all Americans together".

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