Under Armour CEO to Leave Trump Manufacturing Council -- Update
August 14 2017 - 10:17PM
Dow Jones News
By Sara Germano
Kevin Plank, the founder and chief executive of Under Armour
Inc., said he would step down from a White House
manufacturing-advisory council, the second CEO to depart the forum
in the wake of President Donald Trump's response to violent
demonstrations.
"Under Armour engages in innovation and sports, not politics,"
Mr. Plank said in a statement posted on Twitter late Monday.
The move followed a decision by Merck & Co.'s chief
executive earlier Monday to resign from the manufacturing council
in response to the president's failure to quickly condemn the white
supremacists who marched and waged violence in Charlottesville,
Va., over the weekend.
There are several dozen executives on the council, which was
formed in January to help the Trump administration create U.S.
manufacturing jobs. Mr. Plank said Monday he had joined the council
to have "an active seat at the table" to help improve American
manufacturing. Like other major sportswear makers, Under Armour
makes most of its products overseas, although its largest sales
market is the U.S.
"I love our country and our company and will continue to focus
my efforts on inspiring every person that they can do anything
through the power of sport which promotes unity, diversity and
inclusion," Mr. Plank said in the tweet.
Mr. Plank was caught in a social media firestorm after a
television interview in February in which he said he respected
President Trump's willingness to make bold decisions and praised
him as "a real asset to the country." That comment was criticized
by several Under Armour athletes, including basketball star Stephen
Curry and ballerina Misty Copeland, who viewed it as insensitive in
the wake of President Trump's proposed travel ban on several mostly
Muslim nations. The sportswear executive later took out a full-page
ad in the Baltimore Sun saying Under Armour supports immigration
and equal rights.
Earlier Monday, Under Armour posted a comment attributed to Mr.
Plank on its Twitter account which read, "We are saddened by
#Charlottesville. There is no place for racism or discrimination in
this world. We choose love & unity."
Write to Sara Germano at sara.germano@wsj.com
(END) Dow Jones Newswires
August 14, 2017 22:02 ET (02:02 GMT)
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