SUMMARY
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Shareholders are up in arms over increases in executive pay amid sufferings from economic downturn in the United Kingdom. In recent annual stockholders meetings of giant corporations like insurer Aviva, over half of the shareholders voted against the company’s remuneration report, which has proposed pay packages for the top brass. Named after the popular uprisings in the Middle East and North Africa, “shareholder spring” will likely intensify this week as investors also challenge executive pay at the scheduled shareholder meetings of William Hill, Ben & Jerry’s ice cream maker Unilever and gas group Centrica.
Read more on Rappler and Guardian.
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