Generali investor Benetton to vote for alternative CEO candidate – paper

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“The unanimous decision was made last Friday… the Benetton family has chosen to support the list presented by Gaetano Caltagirone,” the financial newspaper reported citing financial sources.

Shareholders in Italy’s biggest insurer vote next Friday to name a new board and settle a shareholder fight that has seen the reappointment of Chief Executive Philippe Donnet challenged by a group of leading Italian investors.

A spokesperson for the holding company of the Benettons, which holds just under 4% in Generali, declined to comment on the report.