‘Woke capitalists’ provoke backlash from US conservatives
Two of its targets, American Airlines and Coca-Cola, had criticised Republican voting legislation in Texas and Georgia, while a third, Nike, had drawn conservative ire for supporting athletes protesting against police violence.
“What we’re seeing is increasingly companies trying to distract from their failings by cosying up to woke politicians,” said Will Hild, the group’s executive director. “You’ve seen them taking positions on legislation that has nothing to do with their business model.”
Other chiefs targeted by conservative pressure groups include BlackRock’s Larry Fink, Bank of America’s Brian Moynihan and Marc Benioff of Salesforce.
The three men, who together earned more than $US77m last year, were branded “far-left CEOs” by the Free Enterprise Project, a shareholder activist group, which issued a report this month advising conservative investors on how to…