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CEOs Meeting With Obama Give Heavily

Via Mark Knoller of CBS comes the list of CEOs summoned to the White House to be told by the President when to jump, and how high. Judging by the donation pattern and public stances of the attendees, he won't have much convincing to do. 

The list is filled with Obama’s favorites, including Jeffrey Immelt, David Cote, and the ultra-liberal Ursula Burns. Notably missing are any executives from Wall Street financial firms.

Many of the CEOs give only to their corporate PACs or to both parties in conspicuously equal amounts, but here are the donation records for the ones I could find on short notice:

•Mark Bertolini, President, Chairman and CEO, Aetna

BERTOLINI, MARK

WEST HARTFORD,CT 06119

AETNA

5/11/2011

$2,500

Baucus, Max

BERTOLINI, MARK

W HARTFORD,CT 06119

AETNA

3/30/2012

$2,500

Chambliss, Saxby

BERTOLINI, MARK I MR

WEST HARTFORD,CT 06119

INFORMATION REQUESTED PER BEST EFFO

8/8/2012

$2,500

Brown, Scott

BERTOLINI, MARK T

WEST HARTFORD,CT 06119

AETNA/CEO

2/15/2012

$2,500

Warner, Mark

 

•Ursula Burns, Chairman and CEO, Xerox

BURNS, URSULA

NEW CANAAN,CT 06840

XEROX CORPORATION

10/19/2011

$2,500

Slaughter, Louise M

BURNS, URSULA

NEW CANAAN,CT 06840

XEROX CORPORATION/CEO

3/23/2012

$2,500

Slaughter, Louise M

Burns, Ursula M

Rochester,NY 14610

Xerox Corporation

9/12/2012

$2,500

Obama, Barack

 •Kenneth I. Chenault, Chairman and CEO, American Express Company

He is known as a deep giver to Democrats.

•David Cote, Chairman and CEO, Honeywell

He gives to Republicans, but also 75% to employers’ PACs which split between the parties.

•Jeff Immelt, Chairman and CEO, General Electric

What is really going on with Jeffrey Immelt?

IMMELT, JEFFREY R

NEW CANAAN,CT 06840

GENERAL ELECTRIC/CHAIRMAN/CHIEF EXE

2/14/2012

$2,500

Stabenow, Debbie

IMMELT, JEFFREY R MR

NEW CANAAN,CT 06840

GENERAL ELECTRIC/CHAIRMAN

3/30/2012

$2,000

McConnell, Mitch

IMMELT, JEFFREY R

NEW CANAAN,CT 06840

GENERAL ELECTRIC/CHAIRMAN/CHIEF EXE

2/14/2012

$500

Stabenow, Debbie

•Andrew Liveris, President, Chairman and CEO, Dow

Gives heavily to both, maxed out for both Romney and Obama in 2012.

•Robert McDonald, President and CEO, Proctor & Gamble

MCDONALD, ROBERT

CINCINNATI,OH 45243

PROCTER & GAMBLE/CHAIRMAN, PRESIDEN

1/13/2012

$5,000

Promoting Our Republican Team PAC

MCDONALD, ROBERT A MR

CINCINNATI,OH 45243

THE PROCTOR & GAMBLE COMPANY

5/25/2012

$2,500

Romney, Mitt

MCDONALD, ROBERT A MR

CINCINNATI,OH 45243

THE PROCTOR & GAMBLE COMPANY

5/25/2012

$2,500

Romney, Mitt

•Alan Mulally, President and CEO, Ford

MULALLY, ALAN

BELLEVUE,WA 98006

FORD MOTOR COMPANY

6/25/2012

$1,000

Dingell, John D

•Indra Nooyi, Chairman and CEO, PepsiCo. Ugh:

Mrs. Nooyi is the chief architect of PepsiCo's multi-year growth strategy, Performance with Purpose, which is focused on delivering sustainable growth by investing in a healthier future for people and our planet. Performance with Purpose encompasses PepsiCo's commitment to continue to build a portfolio of enjoyable and wholesome foods and beverages, find innovative ways to reduce the use of energy, water and packaging and provide a great workplace for our employees. In keeping with this growth strategy, PepsiCo is proud to be listed on the Dow Jones North America Sustainability Index and Dow Jones World Sustainability Index.

•Ginni Rometty, President, Chairman and CEO, IBM

Perhaps this is Obama poking a stick in the eye of Augusta National.

Also attending:

•John Watson, Chairman and CEO, Chevron

•Mike Duke, President and CEO, Walmart

(Tables via the indispensible opensecrets.org)

Conspicuously absent is this CEO:

(He could use your help, by the way.)

Far from being an information exchange session in which the President listens to concerns, the CEOs will likely hear about Obama’s mandate to raise their taxes. Obama will doubtless agree, on the other hand, with any message coming back from this hand-picked group of CEOs.

The President has repeatedly said that he is only willing to work with those who are willing to advance his agenda. In a divided government, that precludes the kind of cooperation that out of the other side of his mouth he claims to seek. 

5 comments
Anthony Jenks
11/15/2012

What exactly did Obama call all of these CEOs together to discuss? If he is using his status as president to influence the leaders of these big corporatinos, what exactly is he asking of them? and how is this going to impact the American citizenry?

lheal's picture
Loren Heal
11/16/2012

By "vote on it" I mean, in Obama's parlance, "develop consensus". That means to cow anyone who might have a conservative or free-market idea, so Obama can say, "It was the consensus of the CEOs that the rich need to be eaten with knife and fork, not with the fingers."

Anthony Jenks
11/15/2012

So these are some sort of business negotiations that take place at the white house between the government and big corporate business. Is it public information what goes on during these meetings? Also, I'm wondering what power these CEOs have to vote on anything?

lheal's picture
Loren Heal
11/15/2012

This is a favorite Obama tactic: call them in, tell them what you want, get them to vote on it, and then claim it was their idea.

These people know they have to play ball with Obama, at least for the next four years, to keep their jobs.

EyeOnFreedom's picture
EyeOnFreedom
11/14/2012

Say it ain't so!