US President Donald Trump has wielded the dismissal stick on Nigerian born international CEO, Adebayo Ogunlesi, when he announced the dissolution of two business advisory councils.
Ogunlesi, who has a majority stake in London Gatwick airport, was appointed by the US President in December 2016 to serve as a member of his strategy and policy forum.
He was however fired by Trump on Wednesday, August 16, along with other distinguished business leaders who were advising the embattled President on how to “Make America Great Again”.
While announcing their dismissal on Twitter, the US president said he did not want to put pressure on the business people and he was therefore “ending both” the manufacturing council and strategy and policy forum.
Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!
— Donald J. Trump (@realDonaldTrump) August 16, 2017
“Rather than putting pressure on the businesspeople of the manufacturing council and strategy and policy forum, I am ending both. Thank you all!,” Trump tweeted.
Kenneth Frazier of Merck, Kevin Plank of Under Armour and Brian Krzanich of Intel had earlier resigned from the manufacturing council because Trump was “not quick” in condemning the white supremacists who had a clash with anti-racist protesters in Virginia.
Apparently unruffled by their resignation, the US president tweeting that: “For every CEO that drops out of the manufacturing council, I have many to take their place. Grandstanders should not have gone on. Jobs!.”
For every CEO that drops out of the Manufacturing Council, I have many to take their place. Grandstanders should not have gone on. JOBS!
— Donald J. Trump (@realDonaldTrump) August 15, 2017
Other members of Ogunlesi’s council relieved from their duties are Stephen A Schwarzman (forum chairman), chairman, CEO, and co-founder of Blackstone; Paul Atkins, CEO, Patomak Global Partners, LLC, former commissioner of the Securities and Exchange Commission; Mary Barra, chairman and CEO, General Motors; Toby Cosgrove, CEO, Cleveland Clinic; Jamie Dimon, chairman and CEO, JPMorgan Chase & Co; and Larry Fink, chairman and CEO, BlackRock.
The remaining are Bob Iger, chairman and CEO, The Walt Disney Company; Rich Lesser, president and CEO, Boston Consulting gGroup; Doug McMillon, president and CEO, Wal-Mart Stores, Inc.; Jim McNerney, former chairman, president, and CEO, Boeing; Ginni Rometty, chairman, president, and CEO, IBM; Kevin Warsh, Shepard Family Distinguished Visiting Fellow in Economics, Hoover Institute, former member of the board of governors of the Federal Reserve System; Mark Weinberger, Global Chairman and CEO, EY; Jack Welch, former chairman and CEO, General Electric; and Daniel Yergin, Pulitzer Prize-winner, vice chairman of IHS Markit.
Ogunlesi heads Global Infrastructure Partners, a private equity firm and one of Fortune 500 companies. He was the only African on the panel.
The New York Times reported before Trump’s tweeted dissolution, that members of Ogunlesi’s panel were debating dissolving the body entirely as Trump wallowed deeper into bigotry quagmire. But Trump preempted their move.
“Corporate leaders had hoped that President Trump would help businesses by slashing taxes and gutting regulations. It is not clear how much he will deliver on that score. On top of that, he is putting many chief executives in the position of answering for a president with an unparalleled track record of outraging people, most recently at a contentious press conference on Tuesday when he drew a false equivalence between the white supremacists who protested in Charlottesville, Va., last weekend and counter-protesters.”, NYT reported.