Former Aviva chief executive Andrew Moss demanded a 9.5% pay increase in the weeks before he quit after a shareholder revolt over remuneration.
The Sunday Telegraph reports Moss told board members he deserved the increase, despite 'negative investor sentiment' over boardroom pay. He is reported to have said his salary - which had been frozen - did not stand up to others in similar positions at comparable insurers. The report said if his demands had been agreed by the remuneration committee his pay would have increase from £960,000 to £1.05m this year. The Sunday Telegraph also reported external 'front-runner' for the Aviva job, Andy Haste, does not want to join the firm. Moss quit his job last Tuesday, following the...
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