Generali suspended Luciano Cirinà with immediate effect

MILANO – Generali announces that it has suspended Luciano Cirinà, the group’s manager of Austria and Central Eastern Europe, with immediate effect and until further notice. It can be read in a note from the company. Giovanni Liverani, responsible for the group’s Germany, takes on the roles of manager on an interim basis candidate for chief executive officer on the Caltagirone group slate for the new board of directors.

“Assicurazioni Generali announces that it has suspended Luciano Cirinà, Austria & CEE (ACEE) Regional Officer with immediate effect and until further notice”, reads the note in which the company “specifies that, as communicated to Luciano Cirinà, during the period of suspension all statutory or contractual obligations deriving from the employment relationship with the Company remain valid, including any responsibility related to the protection of the Company’s confidential information, adherence to all internal rules and policies, including those governing relations with the media, financial analysts, rating agencies, investors and authorities, activities reserved exclusively for the functions in charge within the Company “. “As shared during the meeting held today, Giovanni Liverani, CEO of Generali Deutschland, will take on the role of ACEE Regional Officer ad interim with immediate effect”, concludes the statement.

Generali, in the Mediobanca-Caltagirone duel, the funds will decide who wins

by Andrea Greco

21 March 2022

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Friday the alternative plan

Cirinà is preparing to present on Friday an alternative industrial plan to the one signed by the CEO Philippe Donnet last December 15, therefore, the Lion group has distanced itself from the former head of activities in Eastern Europe.

Some lawyers point out that the issue, in addition to being “embarrassing” for reasons of confidentiality and access to privileged information, could also have legal consequences: now Cirinà is no longer technically a top manager of the group, and as such from now on then he has to take off the Generali jacket, which he has been wearing for over thirty years, and speak in a personal capacity.