CEOs’ allergy to geopolitics

If CEOs are the new politicians, many of them don’t seem to have thought carefully about foreign policy — particularly about working with autocratic regimes, Axios’ Felix Salmon, Dan Primack and Kia Kokalitcheva report.

• Why it matters: Corporate America continues to do business with the Saudi crown prince, Mohammed bin Salman, responsible for murdering journalist Jamal Khashoggi, and to court business in places like China and Turkey.

American CEOs are increasingly stepping up to take positions on domestic issues like gun control, transgender rights and climate change. But when it comes to abuses outside U.S. borders, they tend to fall silent — or say things they regret.

• Uber CEO Dara Khosrowshahi took a social media beating yesterday, after telling “Axios on HBO” that the Khashoggi murder was “a mistake.” He said after the interview that he regrettedthe comment.
• What’s next: Khosrowshahi will talk more about his remarks at an all-hands meeting this morning, according to a source familiar with the matter.

Keep reading.

Πηγή: axios.com