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Generali says majority of directors back keeping Donnet as CEO

MILAN, Sept 14 (Reuters) - Generali said a majority of its board members was in favour of keeping Chief Executive Philippe Donnet in his job for another mandate, as shareholders in Italy’s biggest insurer spar over governance and strategy.

Generali said a majority of non-executive directors had expressed appreciation for Donnet’s work at a meeting on Tuesday and welcomed his willingness to be re-appointed when the insurer names a new board in the spring.

Generali said the outgoing board would put forward Donnet as CEO if it decided to file its own slate of nominees - as it is allowed to do for the first time after a change in the company’s by-laws.

Reporting by Gianluca Semeraro; editig by Valentina Za

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