Large Generali shareholder vote seen boosting CEO's chances

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Generali Chairman Gabriele Galateri di Genola said the high attendance, which compared with an average of 55%-56% for the company, was a sign of “the active participation in the life of the company and the strong ties built over the years.”

Donnet faces a challenge from rebel shareholders to his reappointment for a third term.

People close to the voting process have said that a high turnout is expected to boost Donnet’s chances of being re-elected thanks to the support he enjoys from institutional investors.