MILAN (Reuters) – Generali’s third-largest investor, Italian business tycoon Francesco Gaetano Caltagirone, proposed on Friday a slate of six candidates for the new board of the country’s biggest insurer.
Utility Enel’s Chief Executive Flavio Cattaneo, and the CEO of the smaller Rome utility Acea, Fabrizio Palermo, are among Caltagirone’s candidates.
The construction and publishing billionaire has a 6.9% stake in Generali.
The insurer’s investors will vote in a new board on April 24.
Mediobanca, Generali’s top investor, said on Friday it had proposed another term for current CEO Philippe Donnet.
(Reporting by Sara Rossi, editing by Gavin Jones)
