Generali, with a new independent majority board and a maximum of 15 members

The board of directors of Generali recommends that the number of directors of the next board “be defined in a number not exceeding 15 members” and with a clear majority of independents. This is what is indicated by the board of directors of the insurance company in the opinion on the orientation to shareholders on the size and composition of the board of directors for the three-year period 2022-24, published in view of the shareholders’ meeting of 29 April called to renew the board. The board of directors of the insurance company also recommends “a balanced combination of personal and professional profiles, skills, experiences, age and diversity profiles”, with members who have “independence of thought, the ability to work collectively, the ability to ‘interaction with management and, in general, dialogue, balance in the search for consensus and this also in order to manage any conflicts in a balanced and constructive way “. Among the skills for the members of the board of directors, who should have an international profile, the board recommends the openness of candidates to technological innovation and digitalization in the insurance and financial world and skills in the ESG, environmental, social and governance fields. The chief executive officer should have “consolidated professional competence in the business sectors in which the Generali group operates, gained, preferably as chief executive officer, in international groups comparable to Generali in size, geographic presence and complexity” and “recognized leadership in management the internal organization of comparable groups and on the Italian and international market “. The chairman of the board of directors, on the other hand, should possess “leadership and balance to ensure the proper functioning of the board, favoring internal dialogue, relying on the ability to listen, mediate, synthesize and communicate and on the independence of thought that accredits him in the The board in a super partes role “. Finally, the board underlines that,” without prejudice to the shareholders’ right to express evaluations different “from those of the board,” it will be appropriate, in the interest of all the other shareholders, that any differences with respect to the the analyzes carried out by the latter are clarified and justified “.