Shareholders Begin to Derail UK CEOs’ Gravy Train: Opinion

Article 0 Comments Boardroom pay is a contentious issue in the U.K., which is hardly surprising when top CEOs earn 145 times more on average than their workers. Shareholders have been slow to call time on the gravy train, probably because the stock-market boom has lined their pockets too. Yet […]

Aviva CEO’s Exit Shows a Board Moving Quickly to Placate Investors: Opinion

Article 0 Comments British insurer Aviva Plc has parted ways with CEO Mark Wilson, effective immediately, and given itself four months to find a successor. The manner of his sudden departure after almost six years may look harsh, but it’s not hard to see why: The shares have trailed peers […]

Update: UK Insurer Aviva to Replace CEO Wilson as Shareholders Seek Higher Returns

Article 0 Comments Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the returns shareholders were looking for. During his six years in charge, the high-profile 52-year-old New Zealander oversaw one of the biggest insurance takeovers in a decade by […]