One of the world’s largest clothing companies said a board member Veronica Wu resigned on Tuesday, days after emails obtained by Axios showed Wu had rejected racism in America and said the Black Lives Matter activists were the “real racists”.
What they say : VF Corp. – which owns iconic brands like The North Face, Timberland and Supreme – said Wu’s decision to resign “was not the result of a disagreement with VF on any matter relating to VF’s operations, policies or practices.” .
- A spokesperson said that VF Corp. had made no comment beyond the press release and had not responded to a question about why Wu resigned from the board. Wu did not immediately respond to an email.
- The company said its board of directors would be reduced to 11 members, from 12 “until a new director is identified.”
- Wu initially joined the board in 2019.
Catch up quickly: “I don’t believe in Black Lives Matter. If anything, I think it’s the real racists trying to shake things up to move this country forward [sic] socialism or even potentially communism, ”Wu wrote in part in an email exchange obtained by Axios in June 2020.
- The email came in response to a note that Juneteenth would be recognized as a public holiday at Hone Capital, a venture capital firm where Wu was a managing partner.
Go further: Silicon Valley investor rejects racism, called BLM “the real racists”