Third-largest Generali investor proposes board candidates including Enel, Acea CEOs
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Generali's third-largest investor proposes new board candidates, including Enel and Acea CEOs, with a vote set for April 24.
MILAN (Reuters) - Generali's third-largest investor, Italian business tycoon Francesco Gaetano Caltagirone, proposed on Friday a slate of six candidates for the new board of the country's biggest insurer.
Utility Enel's Chief Executive Flavio Cattaneo, and the CEO of the smaller Rome utility Acea, Fabrizio Palermo, are among Caltagirone's candidates.
The construction and publishing billionaire has a 6.9% stake in Generali.
The insurer's investors will vote in a new board on April 24.
Mediobanca, Generali's top investor, said on Friday it had proposed another term for current CEO Philippe Donnet.
(Reporting by Sara Rossi, editing by Gavin Jones)
The article discusses the proposal of new board candidates for Generali by its third-largest investor.
The proposed candidates include Enel CEO Flavio Cattaneo and Acea CEO Fabrizio Palermo.
The vote for the new board is scheduled for April 24.
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