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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
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Delta CEO: ‘I Knew There Would be Backlash’ When We Cut Ties with NRA

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Damanick Dantes
Damanick Dantes
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Damanick Dantes
Damanick Dantes
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August 23, 2018, 3:04 PM ET
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Speaking out on social issues can come at a high cost, especially when you’re the CEO of a Fortune 500 company. But for some, it’s worth the trouble.

Ed Bastian, CEO of Delta Air Lines (No. 75 on the Fortune 500 list of America’s biggest companies) wasted no time in cutting ties with the National Rifle Association in the wake of the deadly shooting at Stoneman Douglas High School in Parkland, Fla.

“I knew there would be backlash—but I didn’t anticipate the strength of the backlash from the NRA movement,” says Bastian. “But on the other side, it created an outpouring of support, and appreciation for a company to stand by its values.”

Also at risk from Delta’s NRA decision was a $40 million Georgia tax break. State legislatures rescinded the deal despite voting overwhelmingly to approve it just a week prior, says Bastian, adding that the reduced tax burden could have been used to reinvest savings in new routes and attract more business to Atlanta, where Delta is based—also home to its largest hub.

“I’m not trying to be a politician. I’m not looking to be a social activist. I’m looking to run the best airline on the planet,” Bastian says. “As part of that, we have a responsibility to our customers, employees, and community partners to do the right thing.”

Watch the video above for more from Fortune’s interview with Bastian.

“Members Only” is a video series showcasing executives in Fortune’s membership communities. For more information on how to become a member, visit our pages for Brainstorm Tech, the CEO Initiative, or Most Powerful Women.

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