Aviva CEO search to take all year
May 17 , 2012
The search for a new CEO will take the rest of the year, according to insurer Aviva.
This comes as the group reported a five percent drop in life insurance sales due to tough conditions in its main European markets.
CEO Andrew Moss quit last week after the company lost a shareholder vote on executive pay at its annual meeting.
Moss had previously turned down a salary increase due to concerns about pay levels amongst shareholders.