Amicone Appoints Former Assistant Secretary of the Navy to Yonkers Board of Education

eHezi Archives 25 Comments

Yboe_amiconegreco
YONKERS,
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
Education."

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Yboe_greco
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.


"I
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."


The
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
Education.

Yboe_amiconeyboetrustees
Secretary
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.


Prior
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

eHeziAmicone Appoints Former Assistant Secretary of the Navy to Yonkers Board of Education

Comments 25

  1. Hard as it may seem, but the mayor, you know the one who hasn’t seen a tax icrease he hasn’t minded, might actually consider cutting expenses.
    Recently heard that the Central Administration has grown by some 50 indidivduals. Have to believe that that is $5 million worth of waste.

  2. Thanks for your opinion Simpson.
    Are you to suggest that there are no parents WITH kids in the system who can bring the same perspective to the table?
    Don’t think that the failure of an educational mayor has looked hard enough.

  3. Overqualified in my opinion, what a great resume.
    As for his not sending his kids to the Yonkers schools, he then has a perspective as to why he doesn’t and will help improve the schools to a higher standard and bring back the many parents that send their kids to private schools. To think otherwise is to be in denial.
    This is the kind of person needed on the school board.

  4. Is it not possible to find someone interested in public education who doesn’t have so much right-wing and religious baggage?
    What do the Yonkers Education Advocates think of this appointment? How about the PTA?
    Or are they all on Amicone’s bandwagon now too?

  5. So, yet another Trustee who does not send his children to the Schools. Dumb move Phil. Even this Greco dude does not have faith in the system.
    Let’s see if he will pull his kids into the system. If he doesn’t he is a hypocrite. Sounds like a Bush whacko.. Good luck with that Phil..

  6. You mean his bio neatly avoids the issue. It certainly does not say “Mr. Greco’s children did not (or do not) attend the Yonkers public schools.”
    If his 5 children still live with him in Yonkers, it is to be assumed they are still school age. So what schools do they attend?

  7. IT SHOULD BE ASKED OVER AN OVER UNTIL WE GET AN ANSWER…DO ANY OF HIS FIVE CHILDREN ATTEND THE YONKERS PUBLIC SCHOOLS???
    WHERE IS HIS REAL COMMITMENT???
    SHOW US.
    DO ANY OF HIS FIVE CHILDREN ATTEND THE YONKERS PUBLIC SCHOOLS???

  8. Good he’s willing to serve. Someone posted a question if his kids have attended Yonkers schools. I’d like to know.
    I went to the type of “classical” school he’s set up. A little rigid and sheltered. I’d sneak over to the public school next door and relish their atmosphere of, yes, freedom. It had a kind of roughness in the air that I found exciting. Our school was so strictly controlled, anyone with strong independance stood out – I did – so it wasn’t made easy for me – too many visit to the principals office for nothing.Glaring nuns and priests. Finally, actually voted me the “most independant student” to deal with it. Kind of strange.

  9. Anyone connected in any shape or form to the Bushes is not a perfect fit for anywhere.
    The Bushes the most corrupt regime in American History…

  10. This man will now be making decisions for the public school students and parents, a very diverse population culturally, ethnically and in terms of religion. While possibly admirable, Greco’s service in the Navy is not as relevant as his founding of a “classical high school” in Westchester.
    The press release should have been up front and said he founded a private Roman Catholic school, an all-boys very traditional Roman Catholic School from all appearances. Emphasis on the very traditional.
    http://www.themontfortacademy.org/Pages/Health.htm
    “Health
    Health-focused Assemblies
    As referred to on “The Curriculum” page:
    Physical Fitness
    Alcohol, Drug, and Tobacco Abuse
    Highway Safety, Traffic Regulation and Bicycle Safety
    Fire safety
    Arson and Fire Prevention
    General Philosophy:
    Health is the state of body and soul when all the physical, mental and spiritual faculties and powers are in harmony with one another. This harmony is first and foremost a result of holiness of life, which comes as a result of applying the knowledge we learn in religion class to our spirits, with the result that our spirit, soul, and body are properly ordered from the top down, as it were. But as the body cannot be separated from the soul, so can we not separate the spiritual health of our souls from the physical health of our bodies; they are mutually dependent and influential. We must also give attention to our bodies directly by the application of the knowledge we gain from the science of physical health.
    A Note on Sex:
    The Montfort Academy believes that certain subjects such as sex education should remain the subject of home education under the proper guidance of parents. Should any related questions arise, parents should rest assured that the teachers of The Montfort Academy will adhere strictly to teachings of the Catholic Church as outlined in the Catechism of the Catholic Church.”
    Isn’t this an important fact about this new Trustee that students and parents deserve to know?

  11. How can someone be a devout Catholic and pro-life yet support the slaughter in Iraq?
    http://www.themontfortacademy.org/home.shtml
    Religion
    Required
    Instruction in the Catechism with an emphasis on the reading and study of Holy Scripture and Papal encyclicals will be given in every year. Students will be guided in their spiritual development through days of penance and prayer. Retreats away from the school will also be offered.
    Description of the four-year curricula:
    Religion I
    This course is an Introduction to the Catholic religion and its doctrines and practices. Students will gain an understanding of the development of doctrine and the sacraments through an overview study of Church history and Scripture. The course is also designed to be an introduction to morality, through a study of commandments. Students will also be exposed to other world religions, and their historical and current relevance, in the required geography course, during the Freshman Year.
    Religion II
    Students will continue their study of Scripture with an emphasis on the Gospels. Students will understand the relationship between the New and the Old Testament and will grow in their appreciation of the life of Jesus and his Disciples. In addition to the life of Jesus, students will also study Christian living through the lives of the Saints. The early history of the Church is explored in greater detail.
    Religion III
    This course continues to build on the foundations of doctrine, sacraments, history, and morality begun in the Freshman and Sophomore years. Special emphasis will be placed on the sanctifying love of God and on moral decision making. Students will gain an understanding of their moral responsibilities as Christians living in the modern world. Special emphasis will be given to the reading of the Acts of the Apostles and the Epistles of the New Testament. This course will be complimented by the course of Philosophy, which will provide the foundation for the Christian approach to moral decision making.
    Religion IV
    This course is the culmination of the four-year curriculum. The study of Church history continues with an emphasis on the study of encyclicals. The study of doctrine continues with an emphasis on death and resurrection. The study of the sacraments continues with marriage and Holy Orders. Throughout the year, the Religion IV course will be complimented by other courses including literature, with samples from Dante’s Divine Comedy, C.S. Lewis, and other writers throughout history.

  12. Bush II appointee, Special Assistant to Rumsfeld and Advisory Board member of The Children First Foundation, The official Sponsor of the “Choose Life” License Plate in New York, New Jersey and Connecticut:
    http://www.thechildrenfirst.org/greco.htm
    CFF Advisory Board Member nominated by President George W. Bush as Assistant Secretary of the Navy
    CFF congratulates our Advisory Board Member Richard Greco for his September 10th, 2004 nomination by President George W. Bush as Assistant Secretary of the Navy in charge of the Navy’s Financial Management.
    Mr. Greco was CFF’s first Advisory Board Member during the early formation of The Children First Foundation. CFF will be forever grateful to Mr. Greco for his commitment, leadership and vision in protecting the lives of women and the unborn through the promotion of Adoption and Baby Safe Havens. Congratulations and Thank You, Richard!
    Below is a short biography of Mr. Greco outlining his truly distinguished record of professional, governmental, charitable and educational work on behalf of our nation and the world.
    Richard Greco, Jr. was appointed a White House Fellow on June 28, 2002. He was assigned to the Immediate Office of the Secretary of Defense, where he served as a special assistant to Secretary Rumsfeld. His activities comprised budgeting and finance, public affairs, litigation settlement, international aid negotiation, and economic planning for post-conflict Iraq. In May 2003 he was assigned to Baghdad where he served for six weeks as a special advisor to Presidential Envoy and Administrator of Iraq L. Paul Bremer in the areas of private sector development and financial sector modernization. When his White House Fellowship ended, Mr. Greco was appointed Acting Director of Private Sector Development for the Coalition Provisional Authority Representative’s Office, where his role was to serve as a liaison between the international private sector and the Coalition Provisional Authority in Baghdad. After the dissolution of the Coalition Provisional Authority in June 2004, he was asked to serve as a consultant to the Office of the Secretary of Defense in the area of public affairs.
    Mr. Greco came to government service from the corporate finance advisory firm of Stern Stewart & Co., where he was a vice president and managing director. He founded and led Ambrosetti Stern Stewart Italia, a joint venture in Italy that specialized in corporate valuation, fundamental analysis, financial market research, and incentive compensation design. He was a principal advisor to companies in Italy’s automotive, retail, and commercial and investment banking sectors and was a principal advisor on two corporate finance transactions for his Italian clients. In addition, Mr. Greco was a regular lecturer at the Luigi Bocconi School of Business in Milan, the LUISS University School of Management in Rome, and the Italian Association of Financial Analysts. He also served on the board of the Italian-language Journal of Analytical Finance, AF. While at Stern Stewart, Mr. Greco also founded and managed the Government Services Division where he specialized in assisting government agencies and state-owned enterprises with the implementation of modern corporate finance practices.
    Before joining Stern Stewart in 1997, Mr. Greco was an Associate at The Scowcroft Group, an international investment advisory firm founded and directed by General Brent Scowcroft, National Security Adviser to Presidents George H. W. Bush and Gerald Ford. At The Scowcroft Group, Mr. Greco advised hedge fund managers and American corporate executives on managing the risks of investing in foreign markets. Also while at The Scowcroft Group, Mr. Greco assisted former President Bush and General Scowcroft in reviewing and editing their book on the foreign policy of the first Bush Administration, A World Transformed.
    Mr. Greco is the Founder, President, and Chairman of the Board of The Montfort Academy, a classical high school for boys in Katonah, New York. In 2001 Mr. Greco was elected to the Council on Foreign Relations term member program. He is widely published and is a frequent lecturer in the areas of post-conflict reconstruction, corporate finance, American foreign policy, and education. In 2004 he was awarded the Ellis Island Medal of Honor. Also in 2004 the National Federation of Italian-American Societies named Mr. Greco Man of the Year.
    Mr. Greco holds an MBA in finance from The University of Chicago Graduate School of Business, an MA from The Johns Hopkins University Paul H. Nitze School of Advanced International Studies, and a BS in Chemistry Summa Cum Laude, In Cursu Honorum from Fordham University. He lives with his wife Marla and their four children in Yonkers, New York.

  13. http://www.govexec.com/features/0905-15/0905-15CFOs6.htm
    CHIEF FINANCIAL OFFICERS Navy: Richard Greco Jr.
    By Katherine McIntire Peters kpeters@govexec.com Government Executive September 15, 2005 Navy
    Richard Greco Jr.
    Comptroller,
    Assistant Secretary of the Navy for Financial Management
    Richard Greco is likely the first Navy comptroller to have assisted a former president and former national security adviser on a book about foreign policy. That is what he did for President George H.W. Bush and Brent Scowcroft, the authors of A World Transformed (Alfred A. Knopf Inc., 1998) in the mid-1990s while working at The Scowcroft Group, an investment advisory firm.
    In 1997, Greco joined Stern Stewart and Co., where he was a vice president and managing director, and founded and led Ambrosetti Stern Stewart Italia, a joint venture in Italy that specialized in corporate valuation and financial market research. At Stern Stewart, he also ran the government services division, which helped agencies implement modern corporate finance practices. The experience no doubt helped prepare him for the Navy, where he manages a $120 billion budget and a workforce of about 9,000.
    Greco left Stern Stewart in 2002 when he was appointed a White House Fellow and became a special assistant to Defense Secretary Donald Rumsfeld. That experience took him to Baghdad for six weeks, where he advised the presidential envoy to Iraq, L. Paul Bremer. After his fellowship ended, he joined the Coalition Provisional Authority as acting director for private sector development and served as a liaison between the international private sector and the CPA in Baghdad.
    Greco holds an MBA in finance from the University of Chicago Graduate School of Business and a master’s degree from the Johns Hopkins University Paul H. Nitze School of Advanced International Studies in Washington.
    In 1998, he founded The Montfort Academy, a Catholic school in Katonah, N.Y., that emphasizes classical studies “for boys who dream of Harvard and heaven,” according to the school’s Web site.

  14. Pentagon Paid $998,798 to Ship Two 19-Cent Washers (Update3)
    By Tony Capaccio http://www.bloomberg.com/apps/news?pid=20601070&sid=ardg6DwCCMFI&refer=home
    Aug. 16 (Bloomberg) — A small South Carolina parts supplier collected about $20.5 million over six years from the Pentagon for fraudulent shipping costs, including $998,798 for sending two 19-cent washers to an Army base in Texas, U.S. officials said.
    The company also billed and was paid $455,009 to ship three machine screws costing $1.31 each to Marines in Habbaniyah, Iraq, and $293,451 to ship an 89-cent split washer to Patrick Air Force Base in Cape Canaveral, Florida, Pentagon records show.
    The owners of C&D Distributors in Lexington, South Carolina — twin sisters — exploited a flaw in an automated Defense Department purchasing system: bills for shipping to combat areas or U.S. bases that were labeled “priority” were usually paid automatically, said Cynthia Stroot, a Pentagon investigator.
    C&D and two of its officials were barred in December from receiving federal contracts. Today, a federal judge in Columbia, South Carolina, accepted the guilty plea of the company and one sister, Charlene Corley, to one count of conspiracy to commit wire fraud and one count of conspiracy to launder money, Assistant U.S. Attorney Kevin McDonald said.
    Corley, 46, was fined $750,000. She faces a maximum prison sentence of 20 years on each count and will be sentenced soon, McDonald said in a telephone interview from Columbia. Stroot said her sibling died last year.
    Corley didn’t immediately return a phone message left on her answering machine at her office in Lexington. Her attorney, Gregory Harris, didn’t immediately return a phone call placed to his office in Columbia.
    `Got More Aggressive’
    C&D’s fraudulent billing started in 2000, Stroot, the Defense Criminal Investigative Service’s chief agent in Raleigh, North Carolina, said in an interview. “As time went on they got more aggressive in the amounts they put in.”
    The price the military paid for each item shipped rarely reached $100 and totaled just $68,000 over the six years in contrast to the $20.5 million paid for shipping, she said.
    “The majority, if not all of these parts, were going to high-priority, conflict areas — that’s why they got paid,” Stroot said. If the item was earmarked “priority,” destined for the military in Iraq, Afghanistan or certain other locations, “there was no oversight.”
    Scheme Detected
    The scheme unraveled in September after a purchasing agent noticed a bill for shipping two more 19-cent washers: $969,000. That order was rejected and a review turned up the $998,798 payment earlier that month for shipping two 19-cent washers to Fort Bliss, Texas, Stroot said.
    The Pentagon’s Defense Logistics Agency orders millions of parts a year. “These shipping claims were processed automatically to streamline the re-supply of items to combat troops in Iraq and Afghanistan,” the Justice Department said in a press release announcing today’s verdict.
    Stroot said the logistics agency and the Defense Finance and Accounting Service, which pays contractors, have made major changes, including thorough evaluations of the priciest shipping charges.
    Dawn Dearden, a spokeswoman for the logistics agency, said finance and procurement officials immediately examined all billing records. Stroot said the review showed that fraudulent billing is “not a widespread problem.”
    “C&D was a rogue contractor,” Stroot said. While other questionable billing has been uncovered, nothing came close to C&D’s, she said. The next-highest billing for questionable costs totaled $2 million, she said.
    Stroot said the Pentagon hopes to recoup most of the $20.5 million by auctioning homes, beach property, jewelry and “high- end automobiles” that the sisters spent the money on.
    “They took a lot of vacations,” she said.
    To contact the reporter on this story: Tony Capaccio at acapaccio@bloomberg.net .

  15. “From 2003 to 2004 he served as the acting Director of Private Sector Development for Iraq at the Coalition Provisional Authority’s representative office.”
    With all the shenanigans and missing money in Iraq, this guy will fit right in at the Yonkers BOE!

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