Del Vecchio backs Caltagirone’s alternative Generali board and CEO nominees
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Del Vecchio backs Caltagirone’s alternative Generali board and CEO nominees

Generali logo Triest Italy.jpg

Recent candidates put forward for Generali's board by the carrier’s second-largest shareholder Francesco Gaetano Caltagirone have the received backing of Leonard Del Vecchio, who labelled the choices as "highly competent and well balanced”, in a recent interview with Bloomberg.

Del Vecchio, the firm’s third-largest shareholder, also discussed the new strategic plan recently unveiled by himself and Caltagirone, titled “Awakening the lion”, through which they plan to increase Generali’s earnings by 14%.

Del

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