Ron Gettelfinger, UAW President in front of podiumDespite rumors to the contrary, United Auto Workers President Ron Gettelfinger is getting off the merry-go-round in 2010. The embattled union head honcho had been rumored to be considering seeking a third four-year term, but Gettelfinger himself has since gone on record saying that such notions are "totally untrue and totally unfounded." Instead, he will retire at age 65 next year in accordance with UAW policies.

There is no word yet on who will replace Gettelfinger next year, and if the current economic and auto industry malaise continues, whoever succeeds him will assuredly be stepping into a very difficult position. In the meantime, Gettelfinger will continue to work with the Detroit 3 and other union officials to try and protect worker benefits and compensation packages.

[Sources: DowJones via CNNMoney.com; Detroit News | Image: Bill Pugliano/Getty]