"I find it depressing that the most important political office in the world is turning into the face of racism and exclusion," Joe Kaeser said Saturday on Twitter.
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London (CNN Business)The CEO of German industrial giant Siemens says that President Donald Trump is becoming a symbol of intolerance following his attacks on four female members of Congress.
"I find it depressing that the most important political office in the world is turning into the face of racism and exclusion," Joe Kaeser said Saturday on Twitter.
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Kaeser suggested that Trump's attacks do not reflect the America he knows. He worked as chief financial officer of Siemens Microelectronics in San Jose, California, during the 1990s.
"I lived in the USA for many years and experienced freedom, tolerance and openness as never before," he said in his Twitter (TWTR) post.
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Many corporate leaders expressed optimism in the early days of the Trump administration that they could find common ground with a president who had run a business of his own and who wanted to cut corporate taxes and slash regulations. But the administration's focus on immigration and other divisive social issues, combined with its aggressive prosecution of a trade war with China, has soured the White House's relationship with many big global companies.
Kaeser, 62, who started work at Siemens in 1980 and become CEO in 2013, has demonstrated a willingness to speak frankly on controversial political issues.
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"I'm there to represent the company and be accountable to the shareholders; on the other hand, if people turn their head away. ... Well, we had that time in Germany," Kaeser told the Financial Times in May 2018.