CEO group forms coronavirus task force led by Marriott, Union Pacific heads

CEO group forms coronavirus task force led by Marriott, Union Pacific heads
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The Business Roundtable (BRT), the association of CEOs from major U.S. corporations, announced Thursday that it is forming a task force to respond to the coronavirus outbreak.

The COVID-19 Task Force will be co-chaired by Marriott International CEO Arne Sorenson, chairman of BRT’s Health and Retirement Committee, and Union Pacific CEO Lance Fritz, chairman of the group's Trade and International Committee.

BRT on Thursday also postponed its CEO Innovation Summit 2020, which was scheduled for March 18 in Washington, D.C. JPMorgan Chase CEO Jamie Dimon, General Motors CEO Mary Barra and AT&T CEO Randall Stephenson were among the featured speakers for the event. 

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“A number of our nation’s leading companies have been contributing to response and relief efforts and are deploying their expertise, products and services to safeguard public health. America’s largest employers will work with the U.S. government on solutions to minimize any public health and economic impact in the short term, while working to strengthen global health security in the long term,” BRT CEO Joshua Bolten said in a press release.

The task force includes Dimon, Pfizer CEO Albert Bourla, NASDAQ CEO Adena Friedman, Steelcase CEO Jim Keane, Stanley Black & Decker CEO Jim Loree, Home Depot CEO Craig Menear, CVS CEO Larry Merlo, United Airlines CEO Oscar Munoz, American Airlines CEO Doug Parker and Accenture CEO Julie Sweet.

BRT still plans to hold its quarterly meeting of member CEOs in D.C. on March 17 and 18.

On Thursday, the Senate passed more than $8 billion in funding to fight the virus, sending the measure to President TrumpDonald John TrumpFederal plan to contain Washington protests employs 7,600 personnel: report GOP Rep calls on primary opponent to condemn campaign surrogate's racist video Tennessee court rules all registered voters can obtain mail-in ballots due to COVID-19 MORE for his signature.

There have been 11 deaths in the U.S. from the virus and at least 215 confirmed cases. World Health Organization officials announced Tuesday that about 3.4 percent of reported coronavirus cases globally have resulted in death but the mortality rate in the U.S. and South Korea is much lower at this time than China or Iran.