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FILE PHOTO: Logo of insurance company Generali is seen on the company headquarters in Budapest

STOCK MARKET: Generali shareholders Caltagirone, Del Vecchio to present CEO candidate in Feb – source



FILE PHOTO: The logo of insurance company Generali is seen on the company headquarters in Budapest, Hungary, November 29, 2019. Picture taken November 29, 2019. REUTERS/Tamas Kaszas/File Photo

January 14, 2022

MILAN (Reuters) – Generali shareholders Francesco Gaetano Caltagirone and Leonardo Del Vecchio are set to present an alternative CEO candidate and a new business plan for Europe’s third-largest insurer in February, a source close to matter said on Friday.

Generali said on Thursday that director Caltagirone had resigned from the board amid a boardroom fight between top investors regarding the reappointment of Generali CEO Philippe Donnet.

(Reporting by Stefano Bernabei, editing by Agnieszka Flak)





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