Business

At the first meeting, over 100 corporate leaders will discuss state voting laws.

More than 100 of the top enterprise leaders across the country met virtually on Saturday to discuss how enterprises can continue to keep up with the passage of more enterprises. Restricted voting method Nationally, it shows that major domestic companies are preparing a much stronger and more organized response to ongoing discussions.

Several CEOs from Augusta National Golf Club, the venue for the Masters Golf Tournament, attended the high-level Zoom Call, including healthcare, media and transportation leaders, and major US legal and investment firms. Was included.

“The rally was a statement of enthusiastic and voluntary rebellion against the threat of retaliation for exercising a patriotic voice,” said Jeffrey Sonnenfeld, a professor of management at Yale University who helped organize the confab. I did.

Corporate leaders “know that they need to step up to the plate and aren’t afraid of these retaliations,” he added. “They despise these political attacks. Not only are they strengthening each other, but the spread of the disease Voter restrictions from Georgia Perhaps up to 46 other states are based on false assumptions and their “anti-democratic”. ”

The nonpartisan Brennan Center, which is tracking voting bills nationwide, has found that lawmakers in 47 states have submitted 361 bills that restrict voting access. At least 55 of these restriction bills are currently passing parliament in 24 states. So far, 29 have passed one meeting room and 26 have passed the committee’s vote. Overall, five bills were signed, including Georgia in late March.

Following the new Georgia law, companies based in Peach, such as Delta Air Lines, Coca-Cola and Aflac Insurance, Raised a voice of opposition To the law. Republican leaders, including former President Trump, have now demanded a boycott of the company to speak. Liberal Party, civil rights groups, and some Democratic leaders said the company was strong enough or did not speak before the bill was passed. This is a move they claim may have blocked the passage of the bill.

In addition to the blowback, a recent decision by 72 current and former black executives to speak more strongly about the proposed election law changes, according to Sonnenfeld, has influenced those calling for action. That is.

“These CEOs said,’This is enough. We’ll get together and strengthen our fellow CEOs.’ The business voice in politics was a positive statement that it was worth it.” It was.

Organizers also emphasized that the meeting was organized long before Senate minority leader Mitch McConnell last week. Angry blame and criticized corporate leader He said he was confused by the democratic debate against the new law. McConnell, who traveled to Kentucky last week, urged corporate leaders to “get away from politics” and warned that opposition to the new law would have unspecified consequences. He later withdrew those comments, but said the corporate leader was wrong.

Meeting attendees confirmed McConnell’s comments, but they were not the central focus of the meeting.

“There was humor and ridicule about it,” said one participant, adding that another person on the phone said, “Just give us your money and be quiet.” “Isn’t it ironic to talk about cancellation culture,” said another.

Another participant said of McConnell’s comment, “It was not a major area of ​​discourse.” I raised my voice. ”

Participants included Arthur Blank, the owner of the NFL’s Atlanta Falcons. James Murdoch and his wife, Kathryn Hufschmidt. Adam Aaron, CEO of AMC Theaters. Brad Carp, Chairman of the Law Firm, Paul, Weiss. Mellody Hobson, Co-Chief Executive Officer of Ariel Investments. Wal-Mart CEO Doug McMillon. United Airlines CEO Scott Kirby. Doug Parker, CEO of American Airlines. Chip Berg, Chairman of Levi Strauss Company. LinkedIn CEO Reid Hoffman told that several people familiar with the conference told .

Familiar people said Mary Barra, CEO of General Motors, and Ed Bastian, CEO of Delta Air Lines, were also invited but couldn’t attend.

Bob Bakish, President and CEO of ViacomCBS, also attended the meeting. A spokesman for , which runs , did not immediately respond to requests for comment.

“We invited 120 CEOs about 50 hours ago. We were praying 25. We welcomed 90 CEOs and 30 guests, including legal, technical and historians. “It was,” said Sonnnfeld.

In addition to Sonnenfeld, the conference was hosted by Lynn Forester de Rothschild, founding partner of Inclusive Capitalism LLC, and Leadership Now, a group of Harvard graduates and corporate leaders focused on maintaining democracy.

Some of the people I spoke to on Saturday’s phone helped organize the drive with former American Express CEO Kenneth Schnaud and 72 black executives to help attendees do more. There was Kenneth Frazier, Merck’s CEO who recommended it.

The meeting did not have a specific game plan or schedule, but ended with a general plan that drafted potential responses based on company size and resources.

Sonnenfeld and other participants suggested reaching out to the “elder politicians” of both parties to support the next step, without pressure, encouragement or support from Democratic or Republican members. Said. But for now, the group is expected to keep political leaders away from their discussions.

“Obviously, there have been big awakening calls in the last few weeks. The business community doesn’t want to follow them right away, so it protects leadership and doesn’t miss the opportunity to do so.” Another person is familiar with the meeting said.

At the first meeting, over 100 corporate leaders will discuss state voting laws.

Source link At the first meeting, over 100 corporate leaders will discuss state voting laws.

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