Honeywell CEO; America’s Covid Recovery; Useful CEO Responses to BLM

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 11 June 2020

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

As the U.S. attempts to recover from the coronavirus pandemic, Honeywell CEO Darius Adamczyk shares his company’s efforts to prepare Americans for whatever comes in the post-Covid normal. Southern Bancorp CEO Darrin Williams discusses his expectations for America’s Covid-19 recovery and its path forward from centuries of systemic racism. Journalist and CNBC contributor Joanne Lipman highlights the CEO missteps in the wake of the #MeToo movement and outlines a playbook for impactful executive actions responding to calls for equity amid the Black Lives Matter movement.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our
0:05.7	podcast Concern about a coronavirus second wave spooking investors and driving
0:10.6	business. Honeywell has been producing PPE throughout the pandemic.
0:14.6	Now they're partnering with SAP for cloud-driven solutions to whatever's next,
0:19.4	CEO Darius Adamchik.
0:21.2	The big unknown here, what's really going to happen in the fall?
0:23.8	We're optimistic. I think we're much more ready to deal with a potentially a
0:28.7	second outbreak. Southern Bank Corps CEO Darren Williams on the road to a lasting U.S. recovery from
0:35.0	coronavirus and from centuries of systemic racism.
0:38.0	Everyone wants to have to look at their own company, their own industries, and the bank
0:42.3	industry for example, you know, redlining was
0:44.6	outlawed in 1968. But even today, people of color have much harder time accessing
0:50.7	mortgage loans. And three years after Too, journalist Joanne Lippman says not a lot has changed. As
0:57.1	executives respond to the Black Lives Matter movement now, they do well to learn from their Me Too
1:02.0	mistakes.
1:03.0	We want to avoid those same missteps now.
1:06.5	We've really got to put words into action.
1:09.8	Those stories and more.
1:11.4	It's Thursday, June 11th, 2020, Squack Pod begins right now.
1:15.0	Good morning everybody. Welcome to Squack Box here on C. M.C. I'm Becky Quick
1:20.0	along with Joe Cernan and Andrew Ross Sorkin. We've seen a lot of big updates for the market recently.
1:24.0	The last two sessions for the market closed down
	...

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