Aviva chairman steps down amid shareholder disquiet

lord-sharman

Lord Sharman of Redlynch retired as Aviva's chairman of the board and company director on 30 June.

He also stepped down as chairman of the nomination committee and member of the corporate responsibility committee.

The move comes just days before Aviva's investors meeting amid a mood of growing shareholder angst.

Over the last 12 months Aviva's share price has plummeted by more than 30%.

According to weekend reports, Aviva has also made dozens of senior managers redundant in a company-wide restructure.

Meanwhile, Aviva confirmed that John McFarlane has been appointed executive chairman of the

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