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Former Union Leader Ashton Quits GM Board

Resignation comes at investigators scrutinize UAW funds.

by on Dec.15, 2017

Former UAW Vice President Joe Ashton resigned from the General Motors' Board of Directors as federal investigators.

General Motors Co. announced Joseph Ashton, a former United Auto Workers vice president who led the union’s GM department, resigned from the company’s board effectively immediately.

Ashton was nominated to the GM board by the UAW Retiree Medical Benefits trust, which administers funds that pay for health benefits for UAW-GM retirees and holds a large block of General Motors stock.

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The trust received the stock has part of the restructuring of GM supervised by the federal government after the company was forced into bankruptcy in 2009. (more…)