Generali Investor Deka Will Vote for Current Management, Led by CEO Donnet
Shareholders in Italy’s biggest insurer vote on Friday to name a new board and settle a shareholder fight that has seen Donnet’s candidacy challenged by a group of leading Italian investors.
The alternative resolutions show a “lack of clarity,” said Ingo Speich, head of sustainability and corporate governance at Deka.
“We demand all involved parties… focus on the long-term shareholder return and not on particular interests,” he said by email.
(Reporting by Carolyn Cohn; Editing by Jan Harvey)
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