Assicurazioni Generali Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Philippe Donnet

Chief executive officer

€5.5m

Total compensation

CEO salary percentage	34.7%
CEO tenure	8.3yrs
CEO ownership	n/a
Management average tenure	9yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Philippe Donnet's remuneration changed compared to Assicurazioni Generali's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	€4b
Sep 30 2023	n/a	n/a	€4b
Jun 30 2023	n/a	n/a	€4b
Mar 31 2023	n/a	n/a	€4b
Dec 31 2022	€6m	€2m	€2b
Sep 30 2022	n/a	n/a	€2b
Jun 30 2022	n/a	n/a	€2b
Mar 31 2022	n/a	n/a	€3b
Dec 31 2021	€5m	€2m	€3b
Sep 30 2021	n/a	n/a	€3b
Jun 30 2021	n/a	n/a	€3b
Mar 31 2021	n/a	n/a	€2b
Dec 31 2020	€3m	€1m	€2b
Sep 30 2020	n/a	n/a	€2b
Jun 30 2020	n/a	n/a	€2b
Mar 31 2020	n/a	n/a	€2b
Dec 31 2019	€5m	€2m	€2b
Sep 30 2019	n/a	n/a	€2b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	n/a	n/a	€2b
Dec 31 2018	€4m	€1m	€2b
Sep 30 2018	n/a	n/a	€2b
Jun 30 2018	n/a	n/a	€2b
Mar 31 2018	n/a	n/a	€2b
Dec 31 2017	€4m	€1m	€2b

Compensation vs Market: Philippe's total compensation ($USD5.97M) is about average for companies of similar size in the German market ($USD4.98M).

Compensation vs Earnings: Philippe's compensation has increased by more than 20% in the past year.

CEO

Philippe Donnet (64 yo)

8.3yrs

Tenure

€5,509,793

Compensation

Mr. Philippe Roger Donnet has been the Chief Executive Officer of Assicurazioni Generali S.p.A. since March 17, 2016 and has been its Managing Director since April 12, 2016. Mr. Donnet served as the Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Philippe Donnet	MD, Group CEO & Director	8.3yrs	€5.51m	no data
Cristiano Borean	Group Chief Financial Officer	5.8yrs	no data	no data
David Cis	Group COO	1.8yrs	no data	no data
Francesco Martorana	Group Chief Investment Officer	3.3yrs	no data	no data
Fabio Cleva	Head of Investor & Rating Agency Relations	no data	no data	no data
Antonio Cangeri	Group General Counsel	12.4yrs	no data	no data
Maurizio Basso	Group Compliance & Anti Money Laundering Officer and Group FATCA Responsible Officer	11.3yrs	no data	no data
Simone Bemporad	Group Chief Communications & Public Affairs Officer and Group Spokesperson	10.4yrs	no data	no data
Isabelle Conner	Group Chief Marketing & Customer Officer	10.1yrs	no data	no data
Monica Possa	Group Chief HR & Organization Officer	6.7yrs	no data	no data
Franco Urlini	Group Chief P&C and Reinsurance Officer	no data	no data	no data
Sergio Di Caro	Global Head of Employee Benefits	9.8yrs	no data	no data

9.0yrs

Average Tenure

60yo

Average Age

Experienced Management: ASG0's management team is seasoned and experienced (9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Philippe Donnet	MD, Group CEO & Director	8.3yrs	€5.51m	no data
Lorenzo Pellicioli	Non-Executive Director	17.2yrs	€301.15k	no data
Clara Frances Furse	Independent Non-Executive Director	2.2yrs	€171.23k	no data
Antonella Mei-Pochtler	Independent Director	5.1yrs	€286.11k	no data
Diva Moriani	Non-Executive Independent Director	8.2yrs	€345.64k	no data
Flavio Cattaneo	Independent Director	2.2yrs	€148.66k	no data
Clemente Rebecchini	Director	12.1yrs	€337.34k	no data
Andrea Sironi	Independent Chairman	2.3yrs	€574.38k	no data
Marina Brogi	Independent Non-Executive Director	2.2yrs	€181.32k	no data
Luisa Torchia	Independent Director	2.3yrs	€248.63k	no data
Alessia Falsarone	Independent Director	2.3yrs	€237.26k	no data
Umberto Malesci	Independent Non-Executive Director	2.2yrs	€192.55k	no data

2.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: ASG0's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Assicurazioni Generali Management

Management criteria checks 2/4

Key information

Recent management updates

Assicurazioni Generali S.p.A., Annual General Meeting, Apr 24, 2024

Assicurazioni Generali S.p.A., Annual General Meeting, Apr 28, 2023

Assicurazioni Generali Appoints Stefano Marsaglia as Independent Director

Assicurazioni Generali S.p.A Elects Dame Clara Furse DBE as a Non-Executive Director

Recent updates

Assicurazioni Generali S.p.A. to Report Q2, 2024 Results on Aug 09, 2024

Assicurazioni Generali S.p.A. (BIT:G) completed the acquisition of Conning Holdings Ltd. from Cathay Life Insurance Co.,Ltd.

Assicurazioni Generali S.p.A. (BIT:G) completed the acquisition of Liberty Seguros, Compania de Seguros y Reaseguros, S.A. from Liberty Mutual Insurance Europe Societas Europaea.

Assicurazioni Generali S.p.A. (BIT:G) completed the acquisition of Liberty Seguros, Compania de Seguros y Reaseguros, S.A. from Liberty Mutual Insurance Europe Societas Europaea.

Assicurazioni Generali S.p.A. (BIT:G) signed an agreement to acquire 51% stake in Generali China Insurance Company Ltd. from CNPC Capital Company Limited (SZSE:000617) for approximately CNY 770 million.

Assicurazioni Generali S.p.A. to Report Fiscal Year 2023 Results on Apr 24, 2024

Assicurazioni Generali S.p.A., Annual General Meeting, Apr 24, 2024

Allianz S.p.A. agreed to acquire TUA Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. (BIT:G) for €280 million.

Allianz S.p.A. agreed to acquire TUA Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. (BIT:G) for €280 million.

Assicurazioni Generali S.p.A. (BIT:G) agreed to acquire Conning Holdings Ltd. from Cathay Life Insurance Co.,Ltd.

Generali $22 Billion Portfolio Sale to Private Equity Reportedly Complicated by Rate Surge

Assicurazioni Generali S.p.A. (BIT:G) signed a definitive agreement to acquire Liberty Seguros, Compania de Seguros y Reaseguros, S.A. from Liberty Mutual Insurance Europe Societas Europaea for €2.3 billion.

Assicurazioni Generali S.p.A. (BIT:G) signed an agreement to acquire Liberty Seguros from Liberty International.

Assicurazioni Generali S.p.A., Annual General Meeting, Apr 28, 2023

Generali Reportedly Plans Sale of €20 Billion Italian Life Portfolio

Oman Insurance Company P.S.C. (DFM:OIC) acquired UAE Life insurance portfolio from Assicurazioni Generali S.p.A.

Assicurazioni Generali S.p.A. to Report Nine Months, 2023 Results on Nov 17, 2023

Assicurazioni Generali S.p.A. (BIT:G) entered into agreement to acquire Pension business of MetLife from NN Group N.V. (ENXTAM:NN).

Assicurazioni Generali S.p.A. (BIT:G) completed the acquisition of 53% stake in AXA Affin General Insurance Berhad from AXA Asia SAS and AFFIN Bank Berhad (KLSE:AFFIN)

Assicurazioni Generali Appoints Stefano Marsaglia as Independent Director

Assicurazioni Generali S.p.A Elects Dame Clara Furse DBE as a Non-Executive Director

Generali Reportedly Eyes Bigger Stake in India Businesses as Future Seeks Exit

Controlling Shareholders of Syn Mun Kong Insurance Reportedly Plan to Sell Majority Stake

Generali to Purchase Credit Agricole Subsidiary

Mediobanca Banca di Credito Finanziario S.p.A. (BIT:MB) acquired an unknown minority stake in Assicurazioni Generali S.p.A. (BIT:G).

Applied Underwriters, Inc. agreed to acquire Specialty Lines Division of Assicurazioni Generali S.p.A. (BIT:G).

Assicurazioni Generali S.p.A. (BIT:G) agreed to acquire 70% stake in AXA AFFIN Life Insurance Bhd. from AFFIN Bank Berhad (KLSE:AFFIN) and AXA Asia SAS.

Assicurazioni Generali S.p.A. (BIT:G) completed the acquisition of 99.98% stake in AXA Insurance SA from AXA SA (ENXTPA:CS).

Assicurazioni Generali to Launch $1.4 Billion Takeover Bid for Cattolica

Generali Reportedly Studying Acquisition in Russia

CEO Compensation Analysis

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Leadership Team

Average Tenure

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Board Members

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