Reuters: Financial Services and Real Estate: Generali mulls board meeting, CEO under fire -FT

Reuters: Financial Services and Real Estate Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Generali mulls board meeting, CEO under fire -FT May 31st 2012, 16:40 MILAN | Thu May 31, 2012 12:40pm EDT MILAN May 31 (Reuters) - Italy's Generali, Europe's third-largest insurer, is considering calling an extraordinary board meeting on Saturday that would call into question the role of Chief Executive Giovanni Perissinotto, the Financial Times reported. Four sources familiar with the situation told Reuters Generali was preparing to call the meeting but would not disclose the agenda at this stage. The Financial Times said the attempt to oust Perissinotto, long criticised for the uderperformance of Generali's stock, was led by Generali's biggest shareholder Mediobanca, Italy's best-known investment bank. Mediobanca declined to comment. Generali was not reacheable for comment. (Reporting By Lisa Jucca; Editing by Will Waterman)

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