NY — Mayor Phil Amicone announce the appointment of Richard Greco Jr., former
Assistant Secretary of the Navy, as his appointment of a new trustee to serve
on the Yonkers Board of Education. Secretary Greco was officially sworn-in
during a ceremony held today at City Hall. Superintendent of Schools Bernard
Pierorazio and School Board President Bernadette Dunn were among those present
to welcome him to his new post. Secretary Greco replaces former School Board
Member John Pagliaroli whose term expired in May of this year.
"We are all very excited to begin working
with Secretary Greco in this new capacity," said Amicone. "With
expertise in financial management and a history of working in public service,
Secretary Greco will bring a valuable perspective to the Board of
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Secretary Greco, who has lived in Yonkers for
seven years with his wife and five children, is highly regarded for
many years of public service. He served as the Assistant Secretary of
the Navy for financial management and comptroller. In his position, as
the chief financial officer of the Department of the Navy, he was a key
strategic advisor to the Secretary of the Navy and contributed to the
Department’s oversight boards regarding investment, operations,
maintenance, and personnel.
As Founder and President of Filangieri Capital Partners, a private equity firm in New York,
Secretary Greco is currently using his expertise to help emerging
markets that have demonstrated prospects for future growth, expand
internationally. He attended public school in Pelham, N.Y., and is a graduate of Fordham University with a Bachelors degree in Chemistry, of the Johns Hopkins University with a Masters degree in American Foreign Policy, and the University of Chicago with a Masters in Business Administration.
am honored and grateful for the opportunity to serve on the Board of
Education and help provide a solid and high quality education to
students in the Yonkers Public Schools," said Greco. "I’m looking
forward to putting my educational and work experience to use on this
important board that has an impact on more than 25,000 students."
Board of Education consists of nine trustees and is the official policy
making body of the Yonkers Public School System. In accordance with the
city’s charter, appointments to the Board of Education are made by the
Mayor and do not require approval of the City Council or the Board of
Greco has dedicated much of his time to helping others and serves as a
member of several charitable organizations. He is the founder and
Chairman of the Montfort Academy, a classical high school in Westchester, and serves on the Board of Noble Biomaterials and the Boy Scouts of America Westchester/Putnam Council.
He is the recipient of various awards, including the Ellis Island Medal
of Honor and the Distinguished Public Service Award, the Department of
the Navy’s highest civilian honor.
The following is a brief bio about Secretary Greco.
THE HONORABLE RICHARD GRECO, JR.
President, Filangieri Capital Partners
Richard Greco, Jr. is the Founder and President of Filangieri Capital Partners, a private equity firm in New York focusing on Italy and
emerging markets. From 2004-2006 he served as the Assistant Secretary
of the Navy (Financial Management & Comptroller). In this capacity,
Secretary Greco was the chief financial officer of the Department of
the Navy and managed a $125 billion annual budget and a professional
staff of 7,000 financial managers, including comptrollers, accountants,
auditors, budget analysts, and fiscal lawyers. In his capacity, Mr.
Greco also served on the Executive Steering Group of the United States Naval Academy and
the Naval Post Graduate School of Business; chaired the audit committee
of the Department; and served on the Department’s Acquisition Integrity
Board. For exceptionally distinguished service, the Secretary of the
Navy twice awarded Mr. Greco the Distinguished Public Service Award,
the Department of the Navy’s highest civilian honor.
to his confirmation by the United States Senate, Mr. Greco was
appointed by the President in 2002 as a White House Fellow and assigned
to serve as a special assistant to the Secretary of Defense. During his
Fellowship year he served in Baghdad for
six weeks as a special advisor in the areas of private sector
development and financial sector modernization. From 2003 to 2004 he
served as the acting Director of Private Sector Development for Iraq at the Coalition Provisional Authority’s representative office.
From 1997 to 2002 Mr. Greco was a managing director of Stern Stewart
& Co. where he established and ran the firm’s Italian business. He
designed and implemented operational, investment, and compensation
strategies to increase shareholder value for mid- and large-cap
companies including Fiat, Pirelli, Unes Supermarkets, Nusa SIM, and
Credito Emiliano. While in Italy, Mr. Greco was a regular lecturer at the Luigi Bocconi School of Business in Milan, the LUISS School of Management in Rome,
and the Italian Association of Financial Analysts, and he served on the
board of the Italian- language Journal of Analytical Finance. From 1996
to 1997 Mr. Greco was an Associate at The Scowcroft Group in Washington, D.C.,
founded and managed by former National Security Adviser Brent
Scowcroft, where he advised hedge funds and corporations on the risks
of international investing.
Mr. Greco is the founder and Chairman of The Montfort Academy, a classical high school in Katonah, New York.
He serves on the Boards of Noble Biomaterials and the Boy Scouts of
America Westchester Putnam Council. From 2005-2006 he served as the
National President of the American Society of Military Comptrollers, an
organization of 18,000 military financial professionals. Mr. Greco is a
lifetime member of the Council on Foreign Relations and a recipient of
the Ellis Island Medal of Honor. He is a graduate of Fordham University with a Bachelors degree in Chemistry, of the Johns Hopkins University with a Masters degree in American Foreign Policy, and of the University of Chicago with a Masters in Business Administration. Mr. Greco is married with five children and resides in Yonkers with his family.
SOURCE: Press Release