|Bid||0.0000 x N/A|
|Ask||0.0000 x N/A|
|Day's range||4.5200 - 4.5200|
|52-week range||4.5200 - 4.5200|
|Beta (5Y monthly)||1.11|
|PE ratio (TTM)||9.74|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
MILAN (Reuters) -Two Italian tycoons who are leading investors in Generali are looking for allies after joining forces in a bid to have a say over the choice of the insurer's next chief executive, a document showed on Friday. Construction magnate Francesco Gaetano Caltagirone and eyewear billionaire Leonardo Del Vecchio on Saturday unveiled a shareholder pact to consult over decisions concerning Generali ahead of a general meeting in early 2022 to name a new board. Following a request by market regulator Consob to disclose additional information about the agreement, Generali on Friday said the pact clinched by Del Vecchio, 86, and Caltagirone, 78, was open to other investors.
Generali said a majority of its board members was in favour of keeping Chief Executive Philippe Donnet in his job for another mandate, as shareholders in Italy's biggest insurer spar over governance and strategy. Generali said a majority of non-executive directors had expressed appreciation for Donnet's work at a meeting on Tuesday and had welcomed his willingness to be re-appointed when the insurer names a new board in the spring. Two people close to the matter said eight out of 12 board members at the meeting were in favour of Donnet.
MILAN (Reuters) -Two leading Generali investors are ready to push to replace current CEO Philippe Donnet if the top Italian insurer's board fails to reach an accord to keep him in the job, three sources close to the matter said. The Trieste-based insurer is due to appoint a new board next spring and speculation over Donnet's future has mounted in recent months as tensions among shareholders simmer. In a sign battle lines are being drawn, the two Generali investors, Francesco Gaetano Caltagirone and Leonardo Del Vecchio, on Saturday disclosed a pact to consult over decisions concerning Generali..