Billionaire investor Caltagirone exits Generali after failed bitter battle for control

27-05-2022

Billionaire investor Caltagirone exits Generali after failed bitter battle for control

Generali, istock, Baloncici

Italian insurer Generali’s second largest shareholder Francesco Gaetano Caltagirone has quit it board less than a months after his re-election as director, following an unsuccessful campaign and a bitter battle with its current management to ‘awaken the lion’ and oust its CEO Philippe Donnet, who ultimately succeeded in securing a consecutive term in office.


Generali, Resignation, Insurance, Reinsurance, Francesco Gaetano Caltagirone, Philippe Donnet, Italy, Europe

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