by Daniel Brouse
Occupy Wall Street may want to wake-up and take notice of how to effectively protest and change corporate misbehavior. The bloody limey are taking over the pay of top executives.
Mining company Xstrata, hedge fund Man Group, banks Credit Suisse, UBS and Barclays have had significant *NO* votes on remuneration packages. Today, they ousted the CEO of Aviva.
The London Dow Jones office reports, “Aviva became the fourth FTSE 100 company ever to have its remuneration report rejected, and Tuesday the British insurance group said that Chief Executive Moss, whose GBP2.69 million pay packet was also rejected in the non-binding vote, would stand down with immediate effect.”