April 28, 2022
Philippe Donnet, who has been CEO at Europe’s third-largest insurer since 2016, is running for reappointment with the backing of Generali’s outgoing board and its leading shareholder Mediobanca. Donnet’s candidacy is opposed by Italian tycoon Francesco Gaetano Caltagirone, Generali’s second-largest …
April 22, 2022
Norges Bank Investment Management, one of the main institutional investors in Generali GASI.MI, backs the reappointment of CEO Philippe Donnet, a proxy voting record on the website of the company running Norway’s sovereign wealth fund showed. Shareholders in Italy’s biggest …
April 11, 2022
Leading investor advisers have recommended shareholders at Generali back the proposal by the Italian insurer’s outgoing board to hand CEO Philippe Donnet another term at the helm, documents showed on Saturday. In reports issued by Institutional Shareholder Services (ISS) and …
April 7, 2022
A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest insurer loses by a narrow margin in a shareholder vote this month, a candidate for the chairman’s role said. …
March 31, 2022
Italian tycoon Leonardo Del Vecchio is backing a push for a change in leadership at Assicurazioni Generali SpA, saying that a proposed slate of new managers put forward by investor Francesco Gaetano Caltagirone could free the way for a major …
March 28, 2022
Generali has fired executive Luciano Cirina, who is challenging incumbent Philippe Donnet for the role of chief executive, with immediate effect for alleged breach of contract, Italy’s largest insurer said on Monday. Cirina, who was Generali’s head of Austria and …
March 25, 2022
The rebel challengers to Generali’s current management pledged to grow earnings by double figures through cost cuts and free up more cash for M&A deals for Italy’s largest insurer. Generali is facing a power struggle over its board composition at …
March 24, 2022
Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a leading shareholder for the role of chief executive in a challenge to incumbent Philippe Donnet. The top …
March 16, 2022
A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in a challenge to the reappointment of Philippe Donnet. Generali’s outgoing board has put forward Donnet for a third mandate as …