Richard Greco, Jr.


Since December 2006, Richard Greco, Jr. has been the Chief Executive Officer of Filangieri Capital Partners, bringing to his portfolio of investments and advisory clients a long experience and deep understanding of shareholder value creation, corporate governance, strategy development, financial policy, commercial execution, audit,  internal control, and reporting.  Since the company’s founding, Richard has made and managed minority-position investments in nine portfolio companies and has completed strategy and corporate finance advisory assignments for nearly twenty clients.  He serves as the executive chairman and CEO of two middle market portfolio companies in the pharmaceuticals and clean drinking water sectors and has previously served as the non-executive chairman of a middle-market portfolio company in metal mechanics.  He has also been an investor in and a member of the board of directors of portfolio companies Finmeccanica SpA and Mediware Information Systems, publicly traded companies in the aerospace & defense and medical information technology industries.  Richard is a Senior Advisor at Muzinich & Co., a global institutional asset manager specializing in corporate credit, collaborating on a private debt fund for businesses in Italy; a Senior Advisor at The Scowcroft Group, an international business advisory firm founded by National Security Adviser to two Presidents of the United States, Brent Scowcroft; a member of the board of directors of a European private equity group with $1.4 billion under management; and an independent member of the board of advisors of Overseas Military Sales Corp.

In 2004 Richard was nominated by the President of the United States and confirmed by the United States Senate as the nation’s 19th Assistant Secretary of the Navy (Financial Management & Comptroller).  In this capacity Richard was the Chief Financial Officer of the Department of the Navy, a global enterprise with 525,000 people and an annual budget of more than $130 billion.  In his role as Assistant Secretary, Richard was the functional head of a global organization of 7,000 professionals including budgeters, analysts, accountants, auditors, fiscal lawyers, and Congressional relations personnel.  Prior to his service as Assistant Secretary, Richard was a White House Fellow.  During his Fellowship year he served in Baghdad for six weeks working on private sector development and on the introduction of the new Iraqi dinar.  From 1997 to 2002 Richard was a managing director at the corporate finance advisory firm of Stern Stewart & Co., where he established and managed the company’s advisory practice in Italy.  Before joining Stern Stewart in 1997, Richard was an Associate at The Scowcroft Group, advising hedge funds and corporate clients on investing and establishing operations in Europe, the Middle East, and Africa.

Richard holds an M.B.A. in finance from The University of Chicago Graduate School of Business, an M.A. from The Johns Hopkins University Paul H. Nitze School of Advanced International Studies, and a B.S. in Chemistry Summa Cum LaudeIn Cursu Honorum from Fordham University.  He is a published author and a frequent speaker on defense matters, politics, business, and education.  He is a member of the advisory board of the Morgan Stanley Journal of Applied Corporate Finance, a full-rank professor of business and political economy at the Guglielmo Marconi Graduate School of Business, and a life member of the Council on Foreign Relations.