The Generali assembly is underway. Assize that marks a record turnout: 70.732% of capital present against 51.5% last year. And the stakes could not have been otherwise given: after months of battle, the new top management of the company is voted on. Structure that will be the result of the comparison of two competing lists: that of the board of directors supported by Mediobanca, De Agostini and foreign institutional funds, which aims at confirming the CEO Philippe Donnet for the third consecutive term, and that proposed by Francesco Gaetano Caltagirone, who collects the consents of Leonardo Del Vecchio, Crt Foundation, Cassa Forense, other minor foundations, Benetton and various Italian entrepreneurs.
Galateri’s greeting
At the opening of the proceedings, the greeting of the president Gabriele Galateri di Genola, who with this meeting closes his experience in Trieste: “I leave after 11 years, it was an honor”. In the letter he underlined and then remarked: «Today we will decide the future of Generali». And the company will do so thanks “to the active participation” of its partners and “after having placed itself at the top of the sector”. Because, as the president concluded, today Leo represents “a national and international financial pillar”
Le parole di Donnet
For ceo Donnet: “Today you are called to vote for the renewal of our board of directors and for the first time in our long history one of the lists was presented by the board of directors” with the aim of “representing all the shareholders, and bringing Generali to the best international governance practices “and above all” suitable for a public company projected into a truly sustainable future “. Among the candidates there are “top-quality professionals”, “an independent president”, “77% independent directors and 54% female representation, figures never so high in the history of the group and above Italian and European standards. “. For Donnet, choosing this list would mean guaranteeing “a further strengthening of society”, in a particularly challenging historical phase. And at the end of a path that for the “third consecutive year” recorded “a record operating result of 5.9 billion”. Now the focus is already on the new plan: “If you choose us – continued Donnet addressing the shareholders – we will continue to pursue sustainable growth, the creation of value for all stakeholders, an increase in profits and their quality, and a dividend that it grows every year, in the face of a disciplined approach to capital management and the integration of sustainability into our business, with the aim of being a leader in innovation ». The manager finally concluded: “2021 is an intense year but full of satisfaction”.