New UAW Video Exposes Extreme CEO Pay at Big Three
The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) released a new video showing that Big Three CEOs make far more than their counterparts at rival automakers and can easily afford the union’s demands. The new video, “Competition,” shows that average pay last year for the CEOs at Ford, General Motors and Stellantis was $25 million—five times the $5 million average for their counterparts at other leading automakers.
UAW President Shawn Fain narrates the video, and here is an excerpt from his remarks: “The Big Three want you to believe that what we are asking for is dangerous and unrealistic. What is truly unrealistic is to keep making record profits year after year and then think that the workers who made those profits are just going to settle for scraps. What is truly dangerous is for corporations and the billionaire class to continue making out like bandits while the working class gets left further and further behind.