CEO Kevin PlankUnder Armour. Intel Chief Exec Brian Krzinick. Ken Frazier Chief Exec of Merck. Dumped Trump. Will the rest dump him too?.

I'm just getting this from you.  I know nothng yet.  So far this story is getting me ill.  Again, Trump is a racist pig and no one will do much about it.  People will resign but the Fool is still on the Hill.

Merck CEO Kenneth Frazier left the president's manufacturing council on Monday.
The move attracted some negative attention from President Donald Trump, but many in the healthcare industry came to Frazier's defence.
Frazier is the CEO of one of the biggest pharmaceutical companies in the world.

Merck CEO Kenneth Frazier left the president's manufacturing council on Monday after President Donald Trump failed to explicitly denounce white nationalism over the weekend when violence erupted in Charlottesville, Virginia.

The president offered a stronger condemnation on Monday, but that wasn't enough to stem the tide. Two other CEOs on the council, Under Armour CEO Kevin Plank and Intel CEO Brian Krzanich, followed Frazier's lead later in the day.

By resigning from the council, Frazier became the first biopharmaceutical CEO to take a definitive stance against the Trump administration. The move won the praise of many in the pharmaceutical industry.

Here's how Frazier, one of four black CEOs of Fortune 500 companies, came to become CEO of one of the biggest pharmaceutical companies in the world.
From North Philadelphia to a big pharma's headquarters

Frazier, who's 62, grew up in North Philadelphia. His father, who was a janitor, motivated his kids to be successful.

"My father had a very strong view of what it took to be successful, and he in effect brainwashed all his children to think that we could do anything," Frazier told the Harvard Law Bulletin in 2011. "He had very high personal standards. Although he was a janitor by accident of birth, I believe he could have been a CEO of any company."

Frazier attended Penn State University (he later served on the university's board of trustees), and Harvard Law School. He started his career working at a Philadelphia area law firm, becoming partner. He joined Merck in 1992 as general counsel to a joint venture with another pharmaceutical company. He went on to become a general counsel at Merck in 1999, then holding different leadership roles before taking on the role of CEO in 2011, along with chairman of the board.

Roy Vagelos, the chairman of Regeneron and former CEO of Merck who hired Frazier, said in a statement that he supported his decision to resign.

"I have known Ken for 25 years since I first recruited him to Merck. He is always smart, always ethical and repeatedly makes the right decisions. I applaud his decision to step down from the Council ... Ken is driven by a strong sense of morality in everything he does and he continues to make me proud."

WOW.   This is SO great, Rosie.

I only wish it stood alone instead of in the midst of all the other atrocities he is facing now.  He has so many bad press releases about his activities, this may fall by the wayside.

This is a HUGE embarrassment for him.  They hit him right where it counts.  IN THE MONEY AND POWER arena.

He cannot stop Big Pharmacy from doing whatever it wants.  They control plenty themselves.  

Standing up to  TRUMP after he made this ridiculous speech and then forcing him to backpeddle two days later is a definite example of TRANSPARENCY.

You can see right through Trump and how scared he must be of this misstep. 

What a pig.



This post was edited by WM BARR . =ABSOLUTE TRASH at August 15, 2017 10:56 AM MDT