Genenta adds Galimi to board; CEO pay €45k, directors €30k
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Genenta Science S.p.A. (GNTA) reported outcomes from its April 29, 2025 Annual Ordinary Shareholders’ Meeting. Shareholders approved the statutory financial statements for the year ended December 31, 2024, audited by Revicom.
They appointed three directors effective April 29, 2025, adding Dr. Francesco Galimi as a new member. Armon R. Sharei, Ph.D. continued on the Board, and Pierluigi Paracchi continued as Chairman. The term of office for each newly appointed director is one year.
The aggregate annual directors’ compensation was set at €105,000. On April 30, 2025, the directors appointed Mr. Paracchi as Chief Executive Officer and allocated annual compensation of €45,000 for the CEO and €30,000 for each of Dr. Galimi and Dr. Sharei.
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FAQ
Who was appointed to Genenta’s Board and who continued?
Dr. Francesco Galimi joined as a new director. Armon R. Sharei, Ph.D. continued on the Board, and Pierluigi Paracchi continued as Chairman.
What is the term of office for the newly appointed Genenta directors?
The term of office for each newly appointed director is one year.
What total annual compensation did Genenta set for directors?
The aggregate annual directors’ compensation was set at €105,000.
What compensation did Genenta allocate to executives on April 30, 2025?
Annual compensation was set at €45,000 for CEO Pierluigi Paracchi and €30,000 for each of Dr. Galimi and Dr. Sharei.
Did Genenta appoint a CEO in connection with the meeting?
Yes. On April 30, 2025, the directors appointed Pierluigi Paracchi as Chief Executive Officer.