Exor

Philips proposes to re-appoint Chairman Feike Sijbesma and Peter Löscher and nominates Benoît Ribadeau-Dumas as member of the Supervisory Board

Retrieved on: 
Tuesday, February 20, 2024

He is also the Chairman of the Corporate Governance and Nomination & Selection Committee, and member of the Remuneration Committee.

Key Points: 
  • He is also the Chairman of the Corporate Governance and Nomination & Selection Committee, and member of the Remuneration Committee.
  • The relationship agreement includes Exor’s commitment to be a long-term shareholder and its right to propose one member to the Supervisory Board.
  • In accordance with the proposal that Exor has made, the Supervisory Board now proposes to appoint Mr. Ribadeau-Dumas as member of the Supervisory Board.
  • “We look forward to have Mr. Ribadeau-Dumas join Philips’ Supervisory Board,” said Feike Sijbesma, Chairman of the Supervisory Board of Royal Philips.

Cerba HealthCare Changes Its Governance and Appoints Emmanuel Ligner Group Chief Executive Officer

Retrieved on: 
Thursday, November 9, 2023

Cerba HealthCare, a leading player in medical diagnostics, announces the appointment of Emmanuel Ligner as Chief Executive Officer of the Group.

Key Points: 
  • Cerba HealthCare, a leading player in medical diagnostics, announces the appointment of Emmanuel Ligner as Chief Executive Officer of the Group.
  • Cerba HealthCare aims to remain at the forefront of medical innovation to help develop new treatments and improve patient health.
  • Emmanuel Ligner, Group Chief Executive Officer, said: « Cerba HealthCare is a leading company in the field of medical diagnostics as evidenced by the Group’s growth and the importance it has placed on innovation since its very inception.
  • »
    Jérôme Thill, Senior Advisor and former Chief Executive Officer of the Group, adds: « As I step down as Chief Executive Officer, I would like to thank all of Cerba HealthCare’s teams and partners.

Exor becomes a long-term investor in Philips supporting the company’s strategy

Retrieved on: 
Monday, August 14, 2023

This investment by Exor is fully supportive of Philips’ leadership, strategy and value creation potential and provides for Exor to nominate one member to the Supervisory Board of Philips.

Key Points: 
  • This investment by Exor is fully supportive of Philips’ leadership, strategy and value creation potential and provides for Exor to nominate one member to the Supervisory Board of Philips.
  • Philips’ strategy and value creation plan with sustainable impact is based on its purpose to improve people's health and well-being through meaningful innovation.
  • The discussions between Exor and Philips were initiated in the context of Exor’s stated interest in increasing its presence in the healthcare and technology sectors.
  • Roy Jakobs, CEO of Royal Philips, said: “Exor’s investment in Philips, their long-term outlook and increased focus on healthcare and technology, fit well with our strategy and substantial value creation potential.

Stellantis Announces Board Composition Change

Retrieved on: 
Wednesday, January 18, 2023

AMSTERDAM, January 18, 2023 – Stellantis N.V. (“Stellantis” or “Company”) today announced that Andrea Agnelli, a director of Stellantis nominated by Exor N.V. ("Exor") and appointed on January 4, 2021 for the term of office of four years beginning on January 17, 2021, will resign from his position as member of the Board of Directors of Stellantis.

Key Points: 
  • AMSTERDAM, January 18, 2023 – Stellantis N.V. (“Stellantis” or “Company”) today announced that Andrea Agnelli, a director of Stellantis nominated by Exor N.V. ("Exor") and appointed on January 4, 2021 for the term of office of four years beginning on January 17, 2021, will resign from his position as member of the Board of Directors of Stellantis.
  • The resignation will become effective at the closing of the 2023 Annual General Meeting of Stellantis ("AGM").
  • Exor will designate the successor director for appointment at the AGM pursuant to and in accordance with Article 19.3 of the Company’s Articles of Association.
  • The Company expresses its deep gratitude to Andrea for his contribution during his many years of appreciated service and wishes him all the best in his future endeavors.

Zero Motorcycles Announces the Closing of a New $107 Million Round of Financing

Retrieved on: 
Thursday, September 29, 2022

Zero Motorcycles, the global leader in electric motorcycles and powertrains today announced the completion of a new $107 million round of financing.

Key Points: 
  • Zero Motorcycles, the global leader in electric motorcycles and powertrains today announced the completion of a new $107 million round of financing.
  • Since its launch in a Santa Cruz garage, Zero has defined the category of premium electric motorcycles and powertrains.
  • With this round of financing, Zero Motorcycles has raised in excess of $450M of capital and will bring the cumulative capital raise to above $500M with an anticipated additional closing by year end.
  • Zero Motorcycles is the global leader in electric motorcycles and powertrains.

Ajay Banga Joins General Atlantic as Vice Chairman

Retrieved on: 
Wednesday, December 1, 2021

General Atlantic, a leading global growth equity firm, announced today that Ajay Banga has joined the firm as Vice Chairman.

Key Points: 
  • General Atlantic, a leading global growth equity firm, announced today that Ajay Banga has joined the firm as Vice Chairman.
  • He joins General Atlantic after 12 years at Mastercard, including more than a decade as President and CEO, and most recently as Executive Chairman.
  • Bill Ford, Chairman and CEO of General Atlantic, commented, We could not be more thrilled to have Ajay joining our firm at this very exciting moment for global growth investing.
  • Mr. Banga will assume his responsibilities with General Atlantic on January 1, 2022.

PartnerRe Ltd. Reports Third Quarter and Nine Month 2021 Results

Retrieved on: 
Tuesday, November 9, 2021

PartnerRe Ltd. ("the Company") today reported net income available to common shareholder of $70 million for the third quarter of 2021, compared to income of $206 million for the same period of 2020.

Key Points: 
  • PartnerRe Ltd. ("the Company") today reported net income available to common shareholder of $70 million for the third quarter of 2021, compared to income of $206 million for the same period of 2020.
  • Operating income was $54 million for the third quarter of 2021, compared to operating income of $18 million for the same period of 2020.
  • Operating income for the first nine months of 2021 was $246 million compared to an operating loss of $209 million for the same period of 2020.
  • Operating income for the third quarter and first nine months of 2021 improved over the same periods of 2020 as a result of improvements in current accident year attritional loss ratios.

António Horta - Osório Appointed as Independent Director to PartnerRe’s Board

Retrieved on: 
Thursday, May 27, 2021

PartnerRe Ltd. today announced that Antnio Horta - Osrio has been appointed as an Independent Director to its Board of Directors, effective May 27, 2021.

Key Points: 
  • PartnerRe Ltd. today announced that Antnio Horta - Osrio has been appointed as an Independent Director to its Board of Directors, effective May 27, 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210527005444/en/
    Antnio Horta - Osrio Appointed as Independent Director to PartnerRes Board (Photo: Business Wire)
    Mr. Horta - Osrio joins PartnerRes Board and will be Chairman of the Investment Committee and a member of the Underwriting and Risk Committee.
  • Previously, Mr. Horta - Osrio served on the Board of Exor N.V. as a non-executive director from July 2015 until May 2021, as Group Chief Executive of Lloyds Banking Group and as an Executive Director on the board from 2011 until April 2021.
  • Commenting on the appointment, PartnerRe Board Chairman, Brian Dowd said, On behalf of the Board, Jacques Bonneau and I are pleased to welcome Antnio.

Full Year 2020 Results for FCA and Groupe PSA

Retrieved on: 
Wednesday, February 24, 2021

Amsterdam, February 24, 2021 Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (Stellantis) announced on February 5, 2021 that the Fourth Quarter and Full Year 2020 results for Fiat Chrysler Automobiles N.V. (FCA) and Full Year 2020 results for Peugeot S.A. (Groupe PSA) will be released on Wednesday, March 3, 2021.

Key Points: 
  • Amsterdam, February 24, 2021 Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (Stellantis) announced on February 5, 2021 that the Fourth Quarter and Full Year 2020 results for Fiat Chrysler Automobiles N.V. (FCA) and Full Year 2020 results for Peugeot S.A. (Groupe PSA) will be released on Wednesday, March 3, 2021.
  • A live webcast and conference call to present the 2020 results for FCA and Groupe PSA will begin at 3:30 p.m. CET / 9:30 a.m. EST on Wednesday, March 3, 2021 (in English only).
  • Details for accessing the live webcast and conference call are also available in the same section.
  • For those unable to participate in the live session, a replay will be available on the corporate website.

Enrico Vellano Appointed to PartnerRe’s Board - Succeeding John Elkann

Retrieved on: 
Thursday, February 18, 2021

PartnerRe Ltd. today announced that Enrico Vellano has been appointed to its Board of Directors, succeeding John Elkann as Exor's representative, effective February 18, 2021.

Key Points: 
  • PartnerRe Ltd. today announced that Enrico Vellano has been appointed to its Board of Directors, succeeding John Elkann as Exor's representative, effective February 18, 2021.
  • Commenting on the appointment, John Elkann, Chairman and Chief Executive of Exor, the owner of PartnerRe, said: It has been my privilege to serve on the Board of PartnerRe Ltd. for the past 5 years.
  • The PartnerRe Board comprises five directors of which three are fully independent from the Company.
  • At September 30, 2020, total assets were $26.6 billion, total capital was $9.1 billion and total shareholders equity was $7.1 billion.