Frazier, one of America's highest profile black chief executives, announced he was quitting, saying "America's leaders must honour our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy".
"Promoting American manufacturing should not be a political issue", he added. That outraged critics, who argued that the hatred and violence in Charlottesville came nearly entirely from one side-the side that happened to see Donald Trump as their champion.
The CEO of Campbell Soup is resigning from a White House jobs panel over comments about racism made by President Donald Trump.
Second to resign from the council, Plank wrote in a statement that though he is appreciative of the opportunity, his company "engages in innovation and sports, not politics".
He also dismissed all CEOs who've left the council and accused them of trying to win public favor by leaving.
According to three executives with knowledge of the discussions, Trump's startling press conference Tuesday at Trump Tower spurred the members to talk about a response.
Elon Musk, the CEO of Tesla, left the council earlier this year after Trump announced the US would withdraw from the Paris climate agreement.
"The President and we are disbanding the Forum", the statement read. The Intel CEO then declared on Twitter that he would not endorse a presidential candidate. Many lawmakers and reporters thought Trump did not go far enough in condemning white supremacists and neo-Nazis.
Former Uber Technologies Inc CEO Travis Kalanick quit the business advisory council in February amid pressure from activists and employees who opposed the administration's immigration policies.
Previously, Tesla CEO Elon Musk left the council after Trump abandoned the worldwide climate agreement. But his company released a statement at around 2 p.m. Wednesday that said he had a change of heart.