Generali

G: XMIL (ITA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€39.76	Cfsq	Yfsjghfr

Francesco Gaetano Caltagirone Resigns From Generali Board

Henry Heathfield

May 31, 2022

Generali has announced the resignation of Francesco Gaetano Caltagirone from the Generali board. We think the resignation of Caltagirone marks the end of the power play at the top of the Italian insurer for control of the company and its future direction. We have been pleased with the progress that the incumbent Philippe Donnet has made with the business over the last five years, and saw a change as one that did not recognise this immense amount of evolution and improvement ushered in. In our eyes, this transformation has been nothing but good for the business. Donnet will serve as chief executive officer for a third term.

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