Generali has announced the outcome of its 2025 annual general meeting (AGM), where shareholders approved a new dividend and elected a 13-member board of directors for a three-year term. The meeting saw three lists submitted for the board election, with Mediobanca’s majority list receiving 52.38% of the vote, followed by VM2006’s list with 36.85%, and a third list from various UCIs under Assogestioni securing 3.67%, which fell short of the 5% threshold required to elect directors.
Election Results and New Board Members
The newly elected board includes Andrea Sironi as independent chair, Philippe Donnet as chief executive officer, and other members from both the majority and minority lists. Except for Donnet, Clemente Rebecchini, and Lorenzo Pellicioli, all newly elected members declared they meet the independence and eligibility requirements.
Financial Highlights
The AGM also approved the company’s financial statements for 2024, which reported a net result of €3,724 million, up from €3.58 billion the previous year. A dividend of €1.43 per share was approved, with payment scheduled for May 21, 2025. The company’s overall net result stood at €3.72 billion, slightly lower than the previous year’s €3.75 billion, which included capital gains from asset disposals in 2023.
The first meeting of the new board is set for April 28, 2025, to discuss corporate appointments. Additionally, Annalisa Firmani was appointed as an alternate auditor on the Board of Statutory Auditors for the financial year ending December 31, 2025.
