Donald Trump’s not the only corporate executive not looking forward to a second term in the White House for President Barack Obama.
CEOs from around the country are weighing in on their disappointment with Tuesday’s election results.
Here’s a sampling from around America …
From Bloomberg Businessweek:
Andrew Puzder, chief executive officer of Hardee’s owner CKE Inc., said he was “sad and depressed” after Republican Mitt Romney’s defeat and expects the economy “to stay bad with the possibility of being horrific.”
And Aetna CEO Officer Mark Bertolini said the insurer may freeze hiring or cut jobs if Obama and Republicans don’t avoid next year’s so- called fiscal cliff of tax increases and spending cuts.
From The Wall Street Journal:
Robert Reynolds, Putnam Investments, said: “Our country is craving leadership, bold direction and greater certainty from Washington, D.C. Clearly, the status quo approach to addressing our fiscal health, stimulating economic growth and laying the groundwork for the long-term vitality of our nation needs a major overhaul now. The election results do nothing to change this essential fact.”
James Rogers, Eastman Chemical, said: “It’s hard to imagine a CEO with the president’s track record not being thankful (and a little bit surprised) to still be in their job. It’s time to move from ‘divide and conquer’ to ‘unite and govern.’ If this is done with a healthy dose of humility, the country will follow.”
For others, there was hope that the political climate would change. From the Journal …
Said NV Tyagarajan of Genpact, “What’s good for our clients is good for us. Having the elections behind us _ having a winner, whoever it is as the president _ and therefore getting decisions made is very important for everyone.”
Added Martin Sorrell of WPP, “Whilst very few CEOs seemed to favor President Obama winning, the people have spoken and the key issue for business in general is whether there will be continued gridlock … or not. A quick resolution of the U.S. fiscal situation would go a long way to restoring confidence and constructive decision making.”