Categories: Stock Market News

Key UAW negotiator Chuck Browning rumored to retire


Investing.com — Chuck Browning, a major determine within the United Auto Staff (UAW) union who has negotiated numerous agreements with Ford Motor (NYSE:F), is about to retire, as reported by three Reuters sources acquainted with the scenario.

Browning made his retirement announcement on Tuesday at a gathering of native union leaders in Chattanooga, Tennessee. At present, he’s overseeing negotiations between the UAW and Volkswagen (ETR:VOWG_p) (FRA:VOW3) at a producing facility within the space. Notably, this manufacturing facility turned the primary foreign-owned car plant within the southern U.S. to arrange in 2024.

Often known as one of many key officers supporting UAW President Shawn Fain, Browning performed a major function in securing a historic settlement with Ford Motor through the labor group’s six-week strike in late 2023. Following this, each Normal Motors (NYSE:NYSE:GM) and Stellantis (NYSE:NYSE:STLA) agreed to comparable phrases, which included a 25% enhance in base wages and changes for price of dwelling.

Browning plans to retire after the completion of the Volkswagen contract, stepping down forward of the following UAW presidential election scheduled for 2026.

Since 2000, Browning has been part of the UAW’s worldwide employees. He was elected as vp by the UAW’s Worldwide Govt Board in 2021, and he was sworn in for a second time period in 2023 through the union’s first direct election, the place Fain was chosen as president.

This text was generated with the help of AI and reviewed by an editor. For extra data see our T&C.

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