RLM Finsbury is supporting Aviva in the shareholder-led ouster of CEO Andrew Moss, who resigned today after pressure over his pay.
Moss’ exit from the U.K.-based insurer is drawing international interest because it follows shareholder-led protests against pay packages at Citigroup, Barclays, UBS and British newspaper publisher Trinity Mirror, among others.
Aviva said in a statement today that Moss approached chairman Lord Sharman “with the decision that he felt it was in the best interests of the company that he step aside to make way for new leadership.”
Finsbury London-based partners Conor McClafferty and James Murgatroyd support Aviva’s in-house PR team led by Brunswick alum Nigel Prideaux.
Moss drew the shareholder rebuke as he was in-line for a nearly five percent raise while the company’s share price languished. Last week, Moss said he would forgo the increase but stockholders still voted to torpedo the company’s compensation plan.