Insurance Post

Shareholder concern sees Aviva revise remuneration awards

Aviva offices

Aviva group CEO Mark Wilson and chief financial officer Tom Stoddard have decided to reject the long term incentive plan awards proposed for the year ended 2014 after concerns were raised by a shareholder voting agency.

The 2014 directors' remuneration report proposed, and shareholders approved, awards of 350% of basic salary to Wilson and 250% of basic salary to Stoddard.

The board has now revised the awards to 300%

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