Billionaire Caltagirone exits Generali board after failed leadership coup
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Billionaire Caltagirone exits Generali board after failed leadership coup

Samuel Casey
27 May 2022
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Italian billionaire Francesco Gaetano Caltagirone has resigned from the board of Generali, less than a month after leading a failed bid to oust CEO Philippe Donnet.

He leaves the board with immediate effect, retaining his 9.95% shareholding in the Italian insurer.

Generali said in a brief statement that the board of directors will be called in the coming days for any subsequent decision regarding his replacement.

Caltagirone...

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Samuel Casey
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