Carlo Cimbri - Unipol Gruppo CEO

UFGSY Stock  USD 4.73  0.00  0.00%   

CEO

Dr. Carlo Cimbri serves as Chief Executive Officer, Group Chief Executive Officer, General Manager of Unipol Gruppo Finanziario S.p.A. He Holds degree with honors in Business Administration from the University of Bologna, Cimbri has over 25 years of experience in the banking and insurance sectors. He joined Unipol in 1990 and over the years held positions of growing responsibility until he became one of the General Managers of the Unipol Group in 2005. He became the sole General Manager in 2007 and Chief Executive Officer in 2010. Under his leadership, Unipol became the leader in Italy in the NonLife business with over 14, 000 employees, 12.3bn in insurance income in 2017 and approximately 15 million customers, the leader in Europe by number of installed black boxes, thereby becoming one of the major players in the insurance industry at European level. The proposal to rescue the FondiariaSAI Group, presented in January 2012, which was completed in 2014 with the establishment of UnipolSai Assicurazioni, was the focus of the Unipol Groups growth path. The two insurance groups merger and a major strengthening of the financial position were the fully achieved targets of the 20132015 business plan. The subsequent integration and corporate and shareholder simplification processes were completed within the scheduled period and according to the financial targets set, achieving the dual objective of creating value for stakeholders and safeguarding employment levels. In May 2016, Carlo Cimbri presented the 2018 business plan, focusing on innovation and efficiency and opening up a new phase aimed at ensuring sustainable profitability over time and strengthening the Unipol Groups leadership position in the Italian insurance market. Currently Cimbri also holds the office of Board Member of RCS Media Group and Euresa Geie, and is a member of the Board of Governors of Fondazione Censis . since 2010.
Age 58
Tenure 14 years
Professional MarksPh.D
Phone39 05 15 07 61 11
Webhttps://www.unipol.it

Unipol Gruppo Management Efficiency

Unipol Gruppo's management efficiency ratios could be used to measure how well Unipol Gruppo manages its routine affairs as well as how well it operates its assets and liabilities.
Unipol Gruppo SpA has accumulated 4.28 B in total debt with debt to equity ratio (D/E) of 0.52, which is about average as compared to similar companies. Unipol Gruppo SpA has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Unipol Gruppo until it has trouble settling it off, either with new capital or with free cash flow. So, Unipol Gruppo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Unipol Gruppo SpA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Unipol to invest in growth at high rates of return. When we think about Unipol Gruppo's use of debt, we should always consider it together with cash and equity.

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Unipol Gruppo S.p.A., together with its subsidiaries, provides insurance and banking services primarily in Italy. Unipol Gruppo S.p.A. was founded in 1961 and is based in Bologna, Italy. Unipol Gruppo operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange. It employs 11655 people. Unipol Gruppo SpA [UFGSY] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Unipol Gruppo SpA Leadership Team

Elected by the shareholders, the Unipol Gruppo's board of directors comprises two types of representatives: Unipol Gruppo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Unipol. The board's role is to monitor Unipol Gruppo's management team and ensure that shareholders' interests are well served. Unipol Gruppo's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Unipol Gruppo's outside directors are responsible for providing unbiased perspectives on the board's policies.
P Collibus, Chief Officer
Riccardo Baudi, Chief Investment Officer
Eugenio Ferioli, Pres Spa
Carlo Cimbri, CEO, General Manager, Director and Member of Management Committee
Maurizio Castellina, Head of Administration and Operations, Financial Reporting Officer
Walter Visani, Head of Ethics
Gianluca Santi, Gen Communications
R Avesani, Chief Officer
Adriano Donati, Head Relations
G Giay, Chief Officer

Unipol Stock Performance Indicators

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