On Tuesday, a spokesperson for the bank said, “We have made our strong statement publicly last month, telling each citizen of the critical importance of exercising their fundamental right to vote.”
This statement to release on Wednesday came together over the past one-and-a-half weeks, after Black executives said they had received support.
About 10 days ago, Mr. Chennault and Mr. Frazier took three other black officers – William M. Lewis Jr., honored with Chairman of Investment Banking at Lazard; Clarence Otis Jr., a former chief executive of Darden Restaurant; And Charles Phillips, a former chief executive of Infor – about what they can take next. Within days, he had a draft of the statement and was sharing it with other officials.
Last Wednesday, Mr. Frazier and Mr. Chenault spoke with members of the Business Roundtable, an influential lobbying group consisting of chief executives of several of the company’s large companies. Sherilyn A., President and Director-Advocate of the NAACP Legal Defense and Educational Fund Inc. Ifill also spoke to the group.
Then on Thursday, at the group’s invitation, one of Mr. McConnell’s employees briefed his members on the details of Georgia’s law, many said to be familiar with the situation.
The next day, members of the Business Roundtable held a regularly scheduled meeting, at which officials discussed the issue of voting. PayPal Chief Executive Officer Dan Shulman encouraged other officials to sign the statement on that call.
And on Saturday, Mr. Chennault and Mr. Frazier spoke at a zoom meeting with more than 100 officials, organized by Yale professor Jeffrey Sonnfeld, who regularly held business leaders to discuss politics. Collects. At that meeting, Mr. Chanelt read the statement and invited officials to add their names to the list of signatories.