Top CEOs secretly met to plan collective response to Trump’s denial of election results
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Two dozen of America’s top CEOs convened last Friday, as it appeared that Joe Biden would become the country’s 46th President, to discuss the possibility of current President Donald Trump’s refusing to leave office, according to sources who were present for the hour-plus video call. The exchange is surprising, given that the voice of business leadership has largely been missing from the conversation around the outcome of last week’s presidential election and the President’s unproven claims of massive voter fraud and “illegal” votes.
The CEOs discussed how to collectively handle a President who refused to leave office, as Trump has indicated he may do this January, while remaining neutral with the party currently in charge, according to Yale management professor Jeffrey Sonnenfeld, who led the meeting.
The CEOs agreed, said Sonnenfeld, that the President had a right to pursue legal action around the election. “They said if that makes people feel better, it doesn’t hurt anything to let that grind through,” he said.
But, if the President’s actions began to hurt the peaceful transition of power, the group said they may take public action collectively and privately put pressure on their Republican congresspeople to speak out.
The group is set to convene again next Friday to discuss whether further action is necessary.
Sonnenfeld did not reveal the names of the CEOs but said they were from Fortune 500 companies in various fields.
CEO lobbying group Business Roundtable, the U.S. Chamber of Commerce, and the National Association of Manufacturers have also reportedly held video meetings this week to discuss how to move forward with the election results.
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