Richard Greco Jr.

Richard Greco Jr. is an American businessman, educator, former United States Government official, and long-standing trustee and benefactor of educational, cultural, and civic institutions. He was appointed by President George W. Bush of the United States and confirmed by the Senate^[1] as the nation's 19th Assistant Secretary of the Navy (Financial Management and Comptroller) and served from 2004 to 2007.

In this role, he 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.^[2] The Department of the Navy would be equivalent to the 7th largest corporation in the world based on revenues.^[3] 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.^[4][5] 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 Managing Partner of the private investment firm Filangieri Capital Partners, which he led for ten years until his retirement in 2017. His investment portfolio in the United States and Italy included companies in the aerospace and defense, homeland security, medical software, IP, AI, metal mechanics, and water treatment industries.^[6][7] As a principal investor with a seat on the board of directors or executive committee of most portfolio companies, Greco provided management with strategic, operational, and financial guidance, including matters of corporate governance, internationalization, shareholder value creation, restructuring, and M&A. ^[8] Greco also served as 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. Since 2007, Greco has also served 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.^[9] He also served 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 and as a member of the Board of Advisors of the Morgan Stanley Journal of Applied Corporate Finance. In 2017, Greco exited his portfolio and retired from business.

Richard Greco Jr. is the founder and chairman of the Board of The Montfort Academy, a classical curriculum high school in the Archdiocese of New York. Widely recognized as a leader of the classical curriculum movement, The Montfort Academy has inspired other classical high schools to open around the country. Mr Greco also has served on the board of trustees or board of advisors of other civic and not-for-profit organizations, including The Hudson River Museum and Planetarium; the Westchester County Department of Parks, Recreation, and Conservation (where he served as Vice Chairman); Untermyer Gardens; and The Navy League of the United States New York Chapter. He has written for the Longitude journal of international economy and is invited regularly to speak on matters of foreign policy, international finance, business strategy, corporate governance, business ethics, education, public service, and leadership.^[10]