The union proposed 40% hourly pay increases over the next four years.
Meanwhile, Ford CEO Jim Farley earned $21 million in total compensation last year, the Detroit News reported.
Stellantis CEO Carlos Tavares made $24.8 million, according to the Detroit Free Press.
And GM CEO Mary Barra earned nearly $29 million in 2022 pay, Automotive News reported.
CEO pay at the Big Three has grown 40% in the last decade, according to EPI — in line with the UAW's demands for 40% pay increases for autoworkers.
Persons:
Autoworker, Jim Farley, Carlos Tavares, Mary Barra, Josh Bivens, EPI, Shawn Fain, Ford, Barra
Organizations:
United Auto Workers, Detroit, Ford, GM, CNBC, Bureau of Labor Statistics, CBS, Detroit News, Detroit Free Press, Automotive News, NPR, autoworkers, UAW