Market moves: The shareholder spring


Former Aviva group CEO Andrew Moss was easily the highest profile casualty of the so-called ‘shareholder spring’. Although there had been whispers that Mr Moss was on borrowed time ahead of the arrival of chairman-designate John McFarlane, it wasn’t until the insurer’s AGM that his tenure at Aviva was brought to an abrupt end. Shareholders refused to endorse the remuneration committee’s executive pay proposals and a sacrifice had to be offered up to the mob.

But a chief executive falling on his