Major Holding Company MacAndrews and Forbes Considering Leaving U.S. Chamber

This entry was posted by Josh Wednesday, 14 October, 2009

Huffington Post Reports:

The holding company owned by multi-billionaire Ronald Perelman is debating whether to leave the U.S. Chamber of Commerce, the Huffington Post has learned.Driving the debate is the controversial stance taken by the country’s biggest business lobby on climate change.

Executives at MacAndrews & Forbes Holdings, which owns significant stakes in a range of companies, most notably cosmetics maker Revlon, have been holding internal discussions on whether to pull out of the chamber over its recent challenge to the Clean Air Act. Should McAndrews & Forbes withdraw from the powerful business lobby, it would be the latest in a string of high-profile defections.

Here is their statement:

“There have been internal discussions about making our position known, meaning that we would like the chamber to have a different point of view,” said spokeswoman Christine M. Taylor. The chamber’s position on climate change “is a concern of ours,” she said.”We want to be on the right side. We’re supporters of clean energy, environmental protection — Ronald [Perelman] is involved with the NRDC [Natural Resources Defense Council, an environmental group]. We want to state our position,” Taylor said.

Pete Altman has a good roundup of the latest Chamber news.