Generali investor Benetton to vote for alternative CEO candidate - paper
27/04/2022 06:12
ROME, April 27 (Reuters) - Italy's Benetton family, a
shareholder in insurer Generali GASI.MI , has decided to vote
for the slate of candidates submitted by a challenger investor
and not in favour of current management, daily Il Sole 24 Ore
reported on Wednesday.
"The unanimous decision was made last Friday... the Benetton
family has chosen to support the list presented by Gaetano
Caltagirone," the financial newspaper reported citing financial
sources.
Shareholders in Italy's biggest insurer vote next Friday to
name a new board and settle a shareholder fight that has seen
the reappointment of Chief Executive Philippe Donnet challenged
by a group of leading Italian investors.
The holding company of the Benettons holds just under 4% of
Generali.
(Reporting by Giulia Segreti, editing by Maria Pia Quaglia)
((Giulia.Segreti@tr.com; +39.06.80307714;))