Business Leaders from Finance, Technology, Retail and Hospitality Call For Civility and Patience Ahead of The 2020 Election
Read our press release featuring our Business Statement on the Election.
WASHINGTON, Oct. 14, 2020 /PRNewswire/ -- In partnership with the Leadership Now Project, more than 50 of our nation's business leaders released a statement: "America Has Held Successful Elections Amid Crises Before. We Can and Must Do So Again," which underscores the importance of maintaining confidence in an election held during an unprecedented health crisis. Signatories include Greylock Partner and LinkedIn Co-Founder Reid Hoffman, D. E. Shaw & Co. Managing Director Eddie Fishman, The Baupost Group CEO Seth Klarman, Lumi Labs Co-Founder and former Yahoo CEO Marissa Mayer, Harvard Business School Professor Michael Porter, General Assembly CEO Lisa Lewin, KIND Snacks Executive Chairman Daniel Lubetzky and K1 Capital Management CEO Neil Malik, among other leaders.
With an unprecedented number of Americans voting by mail because of the pandemic, officials have consistently stressed that we may not know the outcome on election night. It could take days, weeks or more until the results are confirmed. In light of this, the signatories of the nonpartisan statement are calling for patience and civility until every vote is counted, making it clear that they will refuse to accept any results called too early or based on insufficient data.
"The health of our economy and markets depends on the strength of our democracy," said Reid Hoffman, Co-Founder of LinkedIn. "As we prepare for the 2020 election, it is critical that Americans have confidence their votes will be counted. Election results inaccurately or prematurely reported by journalists, elected officials or other leaders would erode faith in American democracy and cause havoc in the business world and beyond."
The signatories expressed support for three key principles:
- Every vote will be counted, and election officials should encourage patience even while processing a higher-than-normal number of absentee ballots.
- The media must take caution to use its voice responsibly and avoid calling the election before sufficient data are available.
- Business leaders should promote patience and civility among employees, communities, and the American people.
The statement was organized by the Leadership Now Project, a membership organization of business leaders committed to protecting democracy. It comes alongside Leadership Now's Five Actions Guide for Businesses to Support A Successful 2020 Election, which provides concrete ways for businesses to advance and support civic engagement.
"Protecting the legitimacy of November's election is, at its core, about preserving American democracy. And business leaders know that doing so is good business, too: stable, inclusive government leads to greater economic growth. Now is the time for business leaders to ensure we maintain the integrity of our elections," said Daniella Ballou-Aares, CEO of the Leadership Now Project.
Utilize and share the 5 Actions Guide for Business to Support a Successful 2020 ElectionWith partners including Twitter and the Philadelphia Eagles, business leaders are joining us in taking these 5 actions to Five Actions for a Safe and Fair Election
Promote Trust in Democracy Through Democracy for PresidentLeadership Now portfolio organization More in Common created Democracy for President , a new initiative to help communities 2020 Election
Sign and Share our Business Statement on the ElectionAs business leaders, we know firsthand that the health of America’s economy and markets rests on the founding principle of our Business Statement on Elections
Election Risk Update: Number of Mail-In Ballots Rejected Is Likely To Increase This YearThe number of mail-in ballots rejected because they arrive after the receipt deadline or because they are missing a witness 2020 Election Risk Update