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Fortune
Fortune
Paige Hagy

The UAW’s Shawn Fain wants to wreck ‘the billionaire class’ as analysis reveals Ford, GM and Stellantis CEOs make at least 281 times their average employee

United Auto Workers union president Shawn Fain speaking to the media with his hand raised in a fist as a symbol of solidarity. (Credit: Matthew Hatcher—AFP via Getty Images)

As the United Auto Workers union faces off against Detroit’s Big Three automakers in a historic strike on Friday, the key demand is pay. Workers at Ford, General Motors, and Stellantis (formerly known as Fiat Chrysler) are demanding a 40% increase to make up for years of inflation. And to show the companies can afford to give their workers more, the union is highlighting the automakers’ exceptional generosity to a sliver of their workforce: their CEOs.

While some fear the impact that a long-lasting strike could have on the economy, with the Business Roundtable saying it is “deeply concerned,” UAW president Shawn Fain suggests it’s the top brass at the Big Three who have the most to lose.

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