It is a decisive day in the battle for control of Generali
.
At the general meeting held in Trieste this Friday, the shareholders of the first Italian insurer will have to choose between two irreconcilable parties to form the future board of directors and choose its leader.
The first camp proposes to renew for a third term the Frenchman Philippe Donnet
,
who has been at the head of the third European insurer since 2016 behind Allianz and Axa as general manager
.
Joined Generali in 2013, this polytechnician and former Axa has the support of the outgoing board of directors and Mediobanca, the main shareholder of the Italian insurer (12.8% of the capital and 17.2% of the voting rights ).
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The second camp - led by construction magnate Francesco Gaetano Caltagirone, 79 and the group's second largest shareholder (9.95% of the capital) - opposes it.
The condottiere is supported by Leonardo Del Vecchio (8% of the capital), 87 years old in May, the president of the first…
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