With a potential strike just two days away, Democratic U.S. Sen. John Fetterman ripped the Big Three car manufacturers on Monday for being unreasonable in high-stakes contract negotiations with the United Auto Workers, arguing the companies' executive compensation packages make clear that they have plenty of resources to pay workers fairly.
"If the Big Three can find money in the couch cushions to bump executive pay by 40% over the past few years, they sure as hell can find the money to give hard-earned raises to the people who actually build the cars and trucks Pennsylvanians drive," Fetterman said in a statement.
General Motors CEO Mary Barra, the highest-paid Big Three CEO, took home nearly $29 million in total compensation last year.
Ford chief executive Jim Farley received total compensation of almost $21 million in 2022, while Stellantis CEO Carlos Tavares received nearly $25 million.
"It is time for the Big Three to come to the table in good faith and work with UAW to strike a fair deal," Fetterman said Monday. "UAW is ready, but these companies are being completely unserious."
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