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Donnet chairs the Group Management Committee (GMC), the committee which defines Generali's strategic guidelines (as of April 2017).<ref name="ReutersProfile" />
Donnet chairs the Group Management Committee (GMC), the committee which defines Generali's strategic guidelines (as of April 2017).<ref name="ReutersProfile" />


In 2022, Generali’s outgoing board put forward Donnet for a third mandate as CEO. Ahead of a shareholder vote, [[Francesco Gaetano Caltagirone]] and [[Leonardo Del Vecchio]] who are, respectively, Generali's second- and third-largest investors, proposed naming Luciano Cirina as its new chief executive, in a challenge to Donnet's reappointment.<ref>Stefano Bernabei (15 March 2022), [https://www.reuters.com/business/finance/generali-investor-proposes-naming-insurers-austria-chief-ceo-2022-03-15/ Generali investor proposes naming insurer's Austria chief as CEO] ''[[Reuters]]''.</ref> Donner subsequently ended Cirina’s employment with immediate effect, citing breach of contract.<ref>Agnieszka Flak (28 March 2022), [https://www.reuters.com/article/generali-governance-idCNL5N2VV26D Generali fires Donnet's internal rival in battle for CEO seat] ''[[Reuters]]''.</ref>
In 2022, Generali’s outgoing board put forward Donnet for a third mandate as CEO. Ahead of a shareholder vote, [[Francesco Gaetano Caltagirone]] and [[Leonardo Del Vecchio]] who are, respectively, Generali's second- and third-largest investors, proposed naming Luciano Cirina as its new chief executive, in a challenge to Donnet's reappointment.<ref>Stefano Bernabei (15 March 2022), [https://www.reuters.com/business/finance/generali-investor-proposes-naming-insurers-austria-chief-ceo-2022-03-15/ Generali investor proposes naming insurer's Austria chief as CEO] ''[[Reuters]]''.</ref> Donnet subsequently ended Cirina’s employment with immediate effect, citing breach of contract.<ref>Agnieszka Flak (28 March 2022), [https://www.reuters.com/article/generali-governance-idCNL5N2VV26D Generali fires Donnet's internal rival in battle for CEO seat] ''[[Reuters]]''.</ref>


== Other activities ==
== Other activities ==

Revision as of 06:00, 4 April 2022

Philippe Donnet
Philippe Donnet
Born (1960-07-26) July 26, 1960 (age 64)
Suresnes, France
Alma materÉcole Polytechnique, Institut des Actuaires
EmployerAssicurazioni Generali
TitleCEO
Term2016–present

Philippe Donnet (born 26 July 1960 in Suresnes, France) is a French business executive who has served as the CEO of the Italian company Assicurazioni Generali since March 2016.[1][2]

Education

Philippe Donnet graduated in 1983 from École Polytechnique and in 1991 from the Institut des Actuaires Français (IFA).[3][4]

Career

Early career

In 1983, Donnet began his executive career at Maisons Phoenix, a French contractor. He held different positions within the insurance sector until 1997 when he was appointed Deputy Managing Director of AXA Conseil.[4]

In 1999, Donnet was appointed CEO of AXA Assicurazioni, a position he held for two years. In 2001 he was appointed Regional CEO responsible for the Mediterranean region, Middle East, Latin America and Canada.[5]

In 2002, Donnet was assigned the role of chairman and CEO of AXA Re as well as Chairman of AXA Corporate Solutions.[5] Two years later Donnet was appointed CEO of Axa Japan and in 2006 he took on the role of CEO for the Asia-Pacific region.[4]

In 2007, he left the insurance sector for a period of six years to take on the position of Director for the Asia-Pacific region at Wendel Investissement, Singapore. In 2010, Donnet founded HLD, an investment firm.[5]

Career at Generali

Donnet joined Generali in 2013 as Country Manager for Italy and CEO of Generali Italy. He will hold this role until 2016, leading the integration of five of Generali Group brands (Generali, Ina Assitalia, Toro, Lloyd Italico e Augusta).[6]

Since March 2016, Donnet has held the position of CEO of Generali Group.[7]

Donnet chairs the Group Management Committee (GMC), the committee which defines Generali's strategic guidelines (as of April 2017).[2]

In 2022, Generali’s outgoing board put forward Donnet for a third mandate as CEO. Ahead of a shareholder vote, Francesco Gaetano Caltagirone and Leonardo Del Vecchio who are, respectively, Generali's second- and third-largest investors, proposed naming Luciano Cirina as its new chief executive, in a challenge to Donnet's reappointment.[8] Donnet subsequently ended Cirina’s employment with immediate effect, citing breach of contract.[9]

Other activities

Personal life

Donnet is a former rugby player[12] and is the proprietor of one of the major French wood barrel manufacturers[which?].[13]

Honours

National Order of Merit (France)[14][15]

References

  1. ^ "Generali: Board of Directors". Retrieved 5 May 2017.
  2. ^ a b "Reuters - Profile: Philippe Donnet". Retrieved 5 May 2017.
  3. ^ a b "Roger Philippe Donnet - Ania". www.ania.it (in Italian). Archived from the original on 16 January 2017. Retrieved 5 May 2017.
  4. ^ a b c "Il Sole 24 Ore - Profile: Philippe Donnet". Il Sole 24 Ore. Retrieved 5 May 2017.
  5. ^ a b c "Bloomberg - Profile: Philippe Roger Donnet". Retrieved 5 May 2017.
  6. ^ "Intelligent Insurer - Generali appoints CEO and general". Retrieved 5 May 2017.
  7. ^ "Generali committee picks Donnet as CEO, Minali as MD-source". Retrieved 5 May 2017.
  8. ^ Stefano Bernabei (15 March 2022), Generali investor proposes naming insurer's Austria chief as CEO Reuters.
  9. ^ Agnieszka Flak (28 March 2022), Generali fires Donnet's internal rival in battle for CEO seat Reuters.
  10. ^ Board Geneva Association.
  11. ^ "Governance MIB Trieste School of Management". Retrieved 5 May 2017.
  12. ^ "Generali, tassi zero e mercati volatili: la doppia sfida del "rugbista" Donnet". Corriere della Sera (in Italian). Retrieved 5 May 2017.
  13. ^ Dell'Olio, Luigi (29 March 2016). "Donnet, la "forza tranquilla" del Leone". Il Piccolo (in Italian).
  14. ^ Décret du 15 mai 2006 portant promotion et nomination, retrieved 5 May 2017
  15. ^ Décret du 13 juillet 2016 portant promotion et nomination, retrieved 5 May 2017
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