The UAW, the auto workers union, is looking to get a seat on the board of GM.
The United Auto Workers union wants a seat on General Motors Corp.’s board in exchange for money- saving concessions to help U.S. carmakers win federal aid, a local president said.
The union “seeks an equity stake in the company, most likely in the form of a seat on the board of directors,” President Marc McQuillen said in a posting on Local 2404’s Web site. A UAW spokesman, Roger Kerson, said he didn’t have an immediate comment. A GM spokeswoman, Sherrie Childers Arb, also had no immediate comment.
I hope they get it for lord knows they are giving a lot of concessions and should be given some power in the future direction of the company.