Nikki Haley resigns from Boeing board over airlines bailout
Earlier this week, Boeing said it was seeking US$60 billion in "public and private liquidity" for the aerospace industry
COLUMBIA, S.C. — Former U.N. ambassador Nikki Haley has resigned from the board of Boeing Co., cutting ties with a company she long supported as South Carolina governor because of her opposition to a bailout of the airplane manufacturer that is in the works amid the new coronavirus outbreak.
The move is also an opportunity for the Republican to draw a distinction with the Trump administration, something that some strategists have said could be helpful if Haley pursues the White House herself.
“I strongly believe that when one is part of a team, and one cannot in good faith support the direction of the team, then the proper thing to do is to resign,” Haley wrote to Boeing CEO Dave Calhoun and board chairman Larry Kellner in a letter dated March 16 announcing her departure from the board.
The letter was provided March 18 to The Associated Press.
Earlier this week, Boeing said it was seeking US$60 billion in “public and private liquidity” for the aerospace industry, which is struggling amid a COVID-19 outbreak that has halted major travel and shuttered many businesses.
The Trump administration has said it would back Boeing, which is also a top U.S. defence contractor.
Haley’s board resignation marked a distancing from the Trump administration, which she left on her own terms, occasionally speaking out against President Donald Trump while not directly drawing his ire.
It’s part of the territory some strategists have said she is treading carefully with an eye on her potential future need to win back GOP traditionalists who aren’t fans of the polarizing president, if she runs for the presidency, potentially as early as 2024.
Haley, 48, joined the Boeing board last year after her departure from the Trump administration. Haley, popular in her home state, moved back to South Carolina — where Boeing has a major production facility — founded a non-profit organization, and wrote and promoted a memoir.
As governor of South Carolina prior to joining the Trump administration, Haley fought attempts by unions to represent workers at the North Charleston plant where the company assembles its Boeing 787 jetliners. At the time, she said unions weren’t needed because companies in her state take care of their workers.
In 2017, workers at the plant voted about 3-to-1 against representation by the International Association of Machinists and Aerospace Workers, a resounding setback for unions that have long hoped to make inroads in the South.
Boeing is among the companies whose stocks are tumbling amid the COVID-19 outbreak. Earlier this month, the Chicago-based company said it had imposed a hiring freeze in response to the virus outbreak, which is undercutting air travel and threatening to kill airlines’ appetite for new planes.