Delta CE didn’t check with board before cutting ties with NRA
CE Ed Bastian knew his company could face a backlash over its decision to cut ties with the NRA. But he said the "divisive rhetoric" coming out of the organisation in the wake of the mass shooting earlier this year at Marjory Stoneman Douglas High School in Parkland, Fla., made his decision "crystal clear." "At Delta, our values are everything," Bastian said Tuesday. In fact, Bastian was so certain about the decision that he didn't give his board a heads up. "The board read about it as everyone else did the next morning," he said, adding that he “got nothing but support" from his directors. Bastian made the decision despite a US$40m tax exemption pending with the Georgia state legislature, which killed the tax break as a result. “We were not going to be moved by it,” he said. “From an investor stand point, the most important asset we have on balance is our culture.” <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-06-27/sky/delta-ce-didn2019t-check-with-board-before-cutting-ties-with-nra
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Delta CE didn’t check with board before cutting ties with NRA
CE Ed Bastian knew his company could face a backlash over its decision to cut ties with the NRA. But he said the "divisive rhetoric" coming out of the organisation in the wake of the mass shooting earlier this year at Marjory Stoneman Douglas High School in Parkland, Fla., made his decision "crystal clear." "At Delta, our values are everything," Bastian said Tuesday. In fact, Bastian was so certain about the decision that he didn't give his board a heads up. "The board read about it as everyone else did the next morning," he said, adding that he “got nothing but support" from his directors. Bastian made the decision despite a US$40m tax exemption pending with the Georgia state legislature, which killed the tax break as a result. “We were not going to be moved by it,” he said. “From an investor stand point, the most important asset we have on balance is our culture.” <br/>