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Richard Greco, Jr.


Richard Greco, Jr. is an American businessman, educator, former United States Government official, and long-standing trustee of educational, cultural, and civic institutions. He was appointed by the President of the United States and confirmed by the Senate as the nation's 19th Assistant Secretary of the Navy (Financial Management and Comptroller) and served from 2004 to 2007. In this role, Greco was the chief financial officer of the Department of the Navy, responsible for an annual budget of more than $130 billion and a financial management workforce of 9000 professionals, including budgeters, analysts, auditors, fiscal lawyers, Congressional relations officers, and financial operations personnel. The Department of the Navy would be equivalent to the 7th largest corporation in the world based on revenues. He also served as chairman of the Department of the Navy audit committee, a member of the Acquisition Integrity Board, and the Executive Committee of the United States Naval Academy. For exceptional service Greco was twice awarded the Department of the Navy's Distinguished Public Service Medal, the highest civilian medal awarded by the Navy. In addition, Greco's Fiscal Year 2005 Department of the Navy Annual Financial Report was awarded the Gold Vision Award and was named one of the top 100 corporate annual reports in the world in the Overall category. During his tenure as Assistant Secretary, Greco also served for two years as National President of the American Society of Military Comptrollers, an association of 18,000 financial professionals. Greco's strategic vision for financial management at the Department of the Navy, entitled Transforming Today to Win Tomorrow, continued to guide the office of the Assistant Secretary for many years following his tenure and included long-term initiatives such as portfolio analysis and management, human capital development, private sector technology adoption, and many others.

In 2007, Richard Greco, Jr. was named as Managing Partner of the international merchant banking firm of Filangieri Capital Partners, whose clients in Italy, the United States, and emerging markets of the Middle East and Africa are in the aerospace and defense, homeland security, pharmaceuticals, medical software, intellectual property, financial data analytics, metal mechanics, and water & waste water treatment industries. In his role as Managing Partner of Filangieri Capital, Greco has served as CEO, board chairman, and/or board member of all portfolio companies, developing an extensive experience in corporate governance, strategy, growth execution, restructuring, finance, operations, M&A, and managing complex matters of politics and international relations. Greco is also a member of the board of directors of the Quadrivio Investment Group based in Milan, Italy, with more than $1.4 billion of private equity assets under management in eleven distinct private equity, venture capital, alternative energy, and other funds. He serves as a Senior Advisor to the international business strategy firm The Scowcroft Group, based in Washington, D.C., founded and managed by former National Security Advisor Brent Scowcroft. He also serves as a senior advisor to the fixed-income asset manager Muzinich & Co., based in New York City, where he helped establish a corporate debt fund for small and medium-sized businesses in Italy. In 2014, Greco was named Chief Executive Officer and Vice Chairman of the Board of Euro Mec Water Group, the parent company for Euro Mec Srl, a global water and waste water treatment company based in Mantua, Italy. In February 2015 he was appointed CEO of Euro Mec Srl, the operating company of the Euro Mec Water Group. During his tenure as CEO Greco has led an important restructuring of the company.


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