Political Quotes

On the recordSeptember 20, 2023
Today, earlier in committee, we were talking about the economy and talking about numbers, so I want to continue the conversation on numbers. Approximately $25 million, that is the amount reported that was earned by the Stellantis CEO in 2022, which is a 77 percent increase over the former CEO's salary in 2019. Nearly $21 million is the reported earnings of the Ford CEO, and that was up 21 percent from the salary of the former CEO in 2019. Approximately $30 million is the paycheck of General Motors' CEO, which is an increase of 34 percent compared to 2019. Not long ago, a CEO defended their paycheck by saying, ``Ninety-two percent of it is based on performance of the company.'' You see, I, too, believe that when a company does great financially, the ones who worked to make it a reality should see the fruits of their efforts. When we say that a record-high salary raise is due to the record-high performance of a company, we should ask ourselves: How was that performance made possible? The truth is that there is only one answer. The answer is that nearly 150,000 United Auto Workers who are out on the streets today urging these companies for parity are the reason for this performance. They are urging their companies for their earned benefits. They are urging their companies for stronger protection and a place in the industry's future, the clean energy economy. Mr.…
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Delia Ramirez
Democratic · Illinois

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