From Big Tech to Wall Street: Here's how America's business leaders are reacting to Joe Biden and Kamala Harris' win

Justin Sullivan/Getty ImagesKamala Harris and Sheryl Sandberg. The Facebook COO said her election as first female Vice President was a ‘remarkable achievement.’
  • Joe Biden has won the 2020 Presidential Election, Insider and Decision Desk HQ projected last week and the Associated Press confirmed on Saturday.
  • Executives from Wall Street banks to Silicon Valley tech giants offered their congratulations.
  • “Unity, empathy, and decency are not characteristics of a bygone era,” Amazon CEO Jeff Bezos said in an Instagram post.
  • “Now is a time for unity,” JPMorgan Chase CEO Jamie Dimon said in a statement. “We must respect the results of the U.S. presidential election and, as we have with every election, honour the decision of the voters and support a peaceful transition of power.”
  • Visit Business Insider’s homepage for more stories.

Wall Street investors warmed to the idea of a Joe Biden presidency late last week, and as his victory became all-but ensured over the weekend, messages of congratulations and goodwill poured out of America’s C-suites.

From Silicon Valley’s most hallowed founders to executives at industrial and financial firms, here’s what America’s business leaders had to say about Biden’s election to the presidency.

Jamie Dimon, CEO of JPMorgan Chase

“Now is a time for unity. We must respect the results of the U.S. presidential election and, as we have with every election, honour the decision of the voters and support a peaceful transition of power,” Jamie Dimon, CEO of the US’ largest bank by assets said in a statement.

“We are a stronger country when we treat each other with dignity, share a commitment to a common purpose and are united to address our greater challenges. No matter our political views, let’s come together to strengthen our exceptional country.”

Jeff Bezos, founder and CEO of Amazon

“Unity, empathy, and decency are not characteristics of a bygone era,” the Amazon executive said in an Instagram post. “Congratulations President-elect @JoeBiden and Vice President-elect @KamalaHarris. By voting in record numbers, the American people proved again that our democracy is strong.”

Bill Gates, founder of Microsoft

“Congratulations to President-Elect Biden and Vice President-Elect Harris,” the Microsoft founder and frequent critic of Trump’s lack of pandemic policy said on Twitter. “Thank you to the election officials and campaign workers who worked tirelessly to ensure a record number of Americans could cast a ballot and have it counted during such an challenging time for our country.”

Brad Smith, president and chief legal officer of Microsoft

“Election Day this year turned into a very long and tense election week, with many Americans glued to their screens anxiously awaiting the outcome,” Smith wrote in a blog post. “It has been commonplace to hear pundits speculate that we have seldom seemed such a divided country. If true, this also makes a different proposition even more self-evident. If we are to move forward as a nation, we must build new bridges to close the gaps that divide us.”

Sheryl Sandberg, chief operating officer of Facebook

“There are times when America takes a big step toward creating a government that reflects the diverse country we are,” Sandberg said in a Facebook post. “Today is one of those days. I’m thinking with joy about young people across the country watching the news today and thinking, “Maybe I can lead this nation too.”

“Congratulations to Kamala Harris on this remarkable achievement — shattering glass ceilings and norms around what leadership looks like — and to President-Elect Biden on this historic milestone.”

Aaron Levie, founder and CEO of Box

“This is great for American competitiveness,” Levie tweeted.”While there’s nothing magical Biden can do, that’s the point. Businesses need market stability, global trade relations that don’t change on a whim, talent from everywhere, long-range planning, and a lack of constant distractions.”

Dan Schulman, chief executive of PayPal

“I extend my warmest congratulations to President-Elect Joe Biden, who will become the 46th President of the U.S.A.,” Schulman wrote in an Instagram post. “I likewise congratulation Vice President-Elect Kamala Harris for her history-making achievement as the first Black woman and person of Indian descent elected as Vice President.”

“As PayPal continues our mission of democratizing financial services, I look forward to engaging with the Biden-Harris administration on creating and expanding opportunity for businesses, especially small and medium-sized enterprises, in the increasingly digital economy.”

Chuck Robbins, chief executive of Cisco Systems

“We at Cisco share your belief that we must build a more inclusive future for all,” Robbins tweeted. “We look forward to working with you to strengthen the economy, recover from COVID-19 and unite our country.

“Cisco is eager to work with the new Administration & Congress to strengthen digital infrastructure to help businesses, schools, hospitals & government agencies modernise. Investments in rural broadband, cybersecurity & spectrum will help us bridge the digital divide.”

Bill Ackman, CEO of Pershing Square Capital Management

“There comes a time in the battle when one should fold the tent,”Ackman tweeted at President Donald Trump. “Instead focus on your accomplishments over the last four years. Think about your legacy and what’s best for the country. Concede graciously and call for unity from all who have supported you.”

Steve Case, founder of AOL

“I’ve known Joe Biden for three decades,” the AOL founder-turned-investor tweeted. “He is a good man, and a great American. He has the experience & character to bring us together. He can bring hope & opportunity to the people & places that have been left behind. I am *delighted* he will be our next President.”

Nicholas Pinchuk, chief executive of Snap-on

“If President Biden can get us through the Covid problem and get us back on our feet, that would be a good-enough accomplishment for a whole administration,” Pinchuk, whose tool company hosted President Trump at its factory in 2017, told the Wall Street Journal. “Everything else is secondary.”

David Solomon, chief executive of Goldman Sachs

“I am encouraged by the extraordinary turnout we saw in this election from people of all political persuasions,” Solomon wrote on Instagram. “Congratulations to President-elect Biden and Vice President-elect Harris on their victory. We are ready to engage as they confront the important challenges of tackling the pandemic and rebuilding the economy.”

Jennifer Hyman, chief executive of Rent the Runway

“This is OUR day: for every woman, POC, immigrant or child of, anyone who has ever had a dream of breaking a glass ceiling- let’s hold onto to this,” Hyman wrote on Twitter. “Thankful my own daughters get to grow up looking up to @KamalaHarris #WeHaveHerBack”

Arvind Krishna, chief executive of IBM

“Congratulations on your election as the 46th president of the United States. We also congratulate Vice President-elect Kamala Harris for her historic, groundbreaking election,” Krishna wrote in a letter to Biden.

“In your speech on Saturday evening, you spoke about bringing the country together to tackle the monumental challenges our nation faces. IBM is committed to working with your Administration to do its part. We share your vision of using science to control the virus, widening economic opportunities, achieving racial justice and combatting the climate crisis.”

Elon Musk, chief executive of Tesla

Musk struck a different chord, cryptically tweeting Friday that “A New Banner is needed. Neither hard left nor right.”

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