“2014 will still be a complex year, but we look to 2014 and 2015 with confidence”. This was underlined by Generali's managing director, Mario Greco, in his speech at the start of the meeting called to approve the 2013 financial statements.
And the president of the company, Gabriele Galateri, in the opening speech of the meeting explained that the legal actions undertaken by the board of directors against the former managing director Giovanni Perissinotto and the former general manager Raffaele Agrusti "were decided in the sole and exclusive interest of the company, its policyholders and its shareholders".
"I would like to underline - stated Galateri - how the procedure followed by the competent internal bodies of the company was extremely scrupulous, in line with the best international practices". What happened, according to the chairman of Generali, "is a further example of effective internal governance".
Perissinotto and Agrusti ended up in the eye of the storm for some transactions in the past with related parties, in particular with some Veneto shareholders. While the shareholders' meeting is underway, the Generali stock travels on parity in Piazza Affari, losing 0,18% and remaining below the 17 euro threshold at 16,95 euro.
