Gabriele Galateri
Laprese
Throughout his career, the progressive presence in the good salons of finance
“I did the math and almost with amazement at myself I realized that I am 11 years that I hold the office of president of Generali. In addition, there are over seven years of vice presidency. This long experience leads me to fully share the desire for renewal of the Council which I believe is ultimately the basis of the assessment of the lack of independence from Corporate Governance Codea, as a fact preclusive to my tenure in the office of president. I will therefore leave the Board in full serenity and unity of purpose, thanking my colleagues who have spent generous words towards me and all the employees of the Group for the extraordinary and passionate work they have done over the years “.
This is the communication that Gabriele Galateri of Genolaoutgoing president of General, he read at the beginning of the board discussion. The point on the agenda was the definition of short list of names that will be presented as a list of the board in anticipation of the April appointment for the renewal of offices.
Galateri, 75 years old one month ago, is one of those managers who have accompanied a substantial part of Italian capitalism. After a MBA at the Columbia Universityhe was also the financial director of the giant Saint Gobain. In 1977, in his early thirties, he was called to the Fiat from Cesare Romiti as head of the foreign finance sector. In the galaxy of the Lambs there it remains seamless until 2003. It was CEO from Ifilthe family “safe”, from 1986 to 2002. Then, in January of that year, he became co-CEO of Fiat with Paolo Fresco. A unicum in the history of the car company that is shipwrecked after less than a year.
On 11 December 2002, in fact, he announced his farewell to the chair of ceodeclaring that “it takes a manager with industrial experience to lead the group’s executive Fiat“. Fresco remained in his post for another year, before leaving to Giuseppe Morchio. Since 2003 begins the progressive presence in the salons of finance by Galateri. He was appointed president of Mediobanca and in Piazzetta Cuccia he faces the difficult generational transition that follows the exit of Vincenzo Maranghi (the successor of Enrico Cuccia) and the rise of the two most successful managers, Renato Pagliaro And Alberto Nagel that Cesare Geronzi he will wickedly rename “young old”.
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