Biography:Cesare Romiti
Cesare Romiti (born 24 June 1923) is an Italian economist, businessman and former executive of both state-owned firms and private companies, including Fiat and Alitalia. His nickname was Il Duro or the tough guy when he was serving as the head of Fiat.[1][2]
Early life and education
Romiti was born in Rome on 24 June 1923.[3] He received an economics and commercial sciences degree in 1945.[3]
Career and activities
Romiti began his career at the Bombrini Parodi Delfino (BFD) munitions group in 1947.[3] When the group merged with Snia Viscosa in 1968, he began to serve as the latter's general financial director.[4] Next he joined Alitalia.[5] In December 1970, he became a board member of Alitalia and then was appointed general manager and chief executive of the company.[3] His term at the company lasted until 1973.[2] In September 1973, he became the chief executive officer of the IRI finance firm, Italstat.[4]
Romiti worked for Fiat in various capacities for twenty years from 1974 to 1995.[4] He was also one of the major shareholders of the company.[6] He succeeded Gianni Agnelli as the chairman of the firm when Agnelli stepped down.[6] Romiti led the firm from 28 February 1996 to 22 June 1998.[3] Romiti was instrumental in the company's return to profitability during this period.[7] Paolo Fresco succeeded him in the aforementioned post.[8][9]
Romiti was the chairman of the board of RCS Quotidiani S.p.A. from 2 June 1998 to 15 July 2004.[3] Next he served as the chairman of Impregilo from May 2005 to 2007.[10][11] He became the president of Italian China Institution in 2000 and was also appointed its president in 2004.[10][12] He is also advisor professor at Donghua University.[12]
Controversy
In April 1997, Romiti was convicted of falsifying the company accounts, committing tax fraud and making illegal payments to political parties.[13]
Personal life
Romiti is married and has two sons.[4]
Honours, awards and recognition
Romiti has been awarded by various organizations, including the Chinese people's association for friendship with foreign countries.[12] He was named as honorary chairman of the Aspen Institute. On 21 June 2004, he became the honorary president of RCS MediaGroup.[14]
- Knight of the Order of Merit for Labour[12]
He also received the Medal of Honor from France .[12]
Writings
- George S. Odiorne; Cesare Romiti (1990). MBO = Management by Objectives. Economia e management (n. 0009). Milan: Sperling & Kupfer. pp. XI, 412. ISBN 9788820004835. OCLC 848880262.
- Michael E Porter; Cesare Romiti; Wallter Giorgio Scott; Riccardo Varaldo (1992). Competizione globale (6th ed.). Turin: Isvor-FIAT, Isedi. pp. XXXII, 681. OCLC 878943684.
- Francesco Perrini; Matteo Piccinali; Cesare Romiti (2010) (in it). Investimenti e contratti in Cina. Impresa & professionisti. Milan: EGEA. pp. xxiv, 319. ISBN 9788823832831. OCLC 878748211. https://books.google.it/books?id=DfeXCwAAQBAJ.
- Giampaolo Pansa; Cesare Romiti (1988). Questi anni alla Fiat. BUR saggi (1st ed.). Milan: Rizzoli. ISBN 9788817536233. OCLC 449934087. https://www.radioradicale.it/scheda/27067/27094-presentazione-del-libro-questi-anni-alla-fiat. Retrieved 25 August 2019.
- Cesare Romiti; Paolo Madron (2012). Storia segreta del capitalismo italiano : cinquant'anni di economia, finanza e politica raccontati da un grande protagonista. Le spade (n. 28). Milan: Longanesi. pp. 286. ISBN 9788830428126. OCLC 811153654.
- Cesare Romiti; Antonio Mosconi (1977). La politica industriale e la politica monetaria - la fiat nel processo d' integrazione europea. OCLC 848254717.
References
- ↑ "Italy Convicts Fiat Chairman; Bars Him from Corporate Posts". The New York Times. 10 April 1997. https://www.nytimes.com/1997/04/10/business/italy-convicts-fiat-chairman-bars-him-from-corporate-posts.html. Retrieved 25 April 2013.
- ↑ 2.0 2.1 Gianni Vattimo; René Noël Girard (2010). Christianity, Truth, and Weakening Faith: A Dialogue. Columbia University Press. p. 109. ISBN 978-0-231-52041-6. https://books.google.com/books?id=6RwpU0QmC_0C&pg=PT109. Retrieved 20 July 2013.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 "Cesare Romiti". China Tibet Online. http://chinatibet.people.com.cn/6790937.html. Retrieved 24 February 2015.
- ↑ 4.0 4.1 4.2 4.3 Wolfang Achtner (17 December 1995). "The tough cop takes the wheel; profile; Cesare Romiti". The Independent. https://www.independent.co.uk/news/business/the-tough-cop-takes-the-wheel-profile-cesare-romiti-1526100.html. Retrieved 25 April 2013.
- ↑ "Alitalia—Airline To Divas & Popes—Flies To Sunset". The Financial Express. Reuters (Rome). 5 May 2004. http://www.financialexpress.com/story-print/105456. Retrieved 20 January 2014.
- ↑ 6.0 6.1 Alan Friedman (12 December 1995). "Successor at Automaker is 72 and a Target of Prosecutors". The New York Times. https://www.nytimes.com/1995/12/12/news/12iht-fiat.t.html. Retrieved 25 April 2013.
- ↑ Jon Glover (24 January 2003). "Giovanni Agnelli". The Guardian. https://www.theguardian.com/news/2003/jan/24/guardianobituaries.italy. Retrieved 20 July 2013.
- ↑ Alan Friedman (23 January 1998). "Embattled Fiat Chief to Resign in June and Be Succeeded by the No. 2 at GE". The New York Times (Rome). https://www.nytimes.com/1998/01/23/business/worldbusiness/23iht-fiat.t_0.html. Retrieved 25 April 2013.
- ↑ "BMW confident as sales charge to pounds 2Obn record". The Birmingham Post. 30 January 1998. http://www.thefreelibrary.com/BMW+confident+as+sales+charge+to+pounds+2Obn+record.-a060860908. Retrieved 12 June 2013.
- ↑ 10.0 10.1 "Romiti". Milano Fashion Summit. http://www.fashionsummit.it/en/2012-italy-china-edition/speakers/romiti. Retrieved 25 April 2013.
- ↑ "Impregilo appoints Cesare Romiti chairman, Alberto Lina CEO". AFX News (Milan). 2 May 2005. http://www.finanznachrichten.de/nachrichten-2005-05/1902193-impregilo-appoints-cesare-romiti-chairman-alberto-lina-ceo-020.htm. Retrieved 25 April 2013.
- ↑ 12.0 12.1 12.2 12.3 12.4 "Cesare Romiti, President of Italian China Foundation, Appointed Consulting Professor of DHU". Donghua University. Archived from the original on 24 February 2015. https://web.archive.org/web/20150224211510/http://www2.dhu.edu.cn/dhuxxxt/shownewsenglish.asp?id=9930. Retrieved 25 April 2013.
- ↑ Alan Friedman (10 April 1997). "Fiat's 'Tough Guy' Chairman Is Found Guilty of Corruption". The New York Times. https://www.nytimes.com/1997/04/10/news/10iht-fiat.t.html. Retrieved 20 July 2013.
- ↑ "Vittorio Colao is the new Chief Executive Officer". RCS MediaGroup. 28 July 2004. http://www.rcsmediagroup.it/wps/portal/mg/!ut/p/c0/04_SB8K8xLLM9MSSzPy8xBz9CP0os3iXgBDLkGBLIwN_Pw8XA6MAo8BAAycfA2cXU_3g1Dz9gmxHRQCZe6_h/?language=en&WCM_GLOBAL_CONTEXT=%2FRCSMG_Content_EN%2Fhome%2Fleftmenu%2Fpress%20area%2Fpress%20release%2F2004%2Fvittorio%20colao%20is%20the%20new%20chief%20executive%20officer. Retrieved 25 April 2013.[yes|permanent dead link|dead link}}]
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