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Romiti worked for [[Fiat]] in various capacities for twenty years from 1974 to 1995.<ref name=wolf17dec>{{cite news|author=Wolfang Achtner|title=The tough cop takes the wheel; profile; Cesare Romiti|url=http://www.independent.co.uk/news/business/the-tough-cop-takes-the-wheel-profile-cesare-romiti-1526100.html|accessdate=25 April 2013|newspaper=The Independent|date=17 December 1995}}</ref> He was also one of the major shareholders of the company.<ref name=alan1212/> He succeeded [[Gianni Agnelli]] as the chairman of the firm when Agnelli stepped down.<ref name=alan1212>{{cite news|author=Alan Friedman|title=Successor at Automaker is 72 and a Target of Prosecutors|url=https://www.nytimes.com/1995/12/12/news/12iht-fiat.t.html|accessdate=25 April 2013|newspaper=The New York Times|date=12 December 1995}}</ref> Romiti led the firm from 28 February 1996 to 22 June 1998.<ref name=cton/> Romiti was instrumental in the company's return to profitability during this period.<ref>{{cite news|author=Jon Glover|title=Giovanni Agnelli|url=https://www.theguardian.com/news/2003/jan/24/guardianobituaries.italy|accessdate=20 July 2013|newspaper=The Guardian|date=24 January 2003}}</ref> Paolo Fresco succeeded him in the aforementioned post.<ref>{{cite news|author=Alan Friedman|title=Embattled Fiat Chief to Resign in June and Be Succeeded by the No. 2 at GE|url=https://www.nytimes.com/1998/01/23/business/worldbusiness/23iht-fiat.t_0.html|accessdate=25 April 2013|newspaper=The New York Times|date=23 January 1998|location=Rome}}</ref><ref>{{cite news|title=BMW confident as sales charge to pounds 2Obn record|url=http://www.thefreelibrary.com/BMW+confident+as+sales+charge+to+pounds+2Obn+record.-a060860908|accessdate=12 June 2013|newspaper=The Birmingham Post|date=30 January 1998}}</ref>
Romiti worked for [[Fiat]] in various capacities for twenty years from 1974 to 1995.<ref name=wolf17dec>{{cite news|author=Wolfang Achtner|title=The tough cop takes the wheel; profile; Cesare Romiti|url=http://www.independent.co.uk/news/business/the-tough-cop-takes-the-wheel-profile-cesare-romiti-1526100.html|accessdate=25 April 2013|newspaper=The Independent|date=17 December 1995}}</ref> He was also one of the major shareholders of the company.<ref name=alan1212/> He succeeded [[Gianni Agnelli]] as the chairman of the firm when Agnelli stepped down.<ref name=alan1212>{{cite news|author=Alan Friedman|title=Successor at Automaker is 72 and a Target of Prosecutors|url=https://www.nytimes.com/1995/12/12/news/12iht-fiat.t.html|accessdate=25 April 2013|newspaper=The New York Times|date=12 December 1995}}</ref> Romiti led the firm from 28 February 1996 to 22 June 1998.<ref name=cton/> Romiti was instrumental in the company's return to profitability during this period.<ref>{{cite news|author=Jon Glover|title=Giovanni Agnelli|url=https://www.theguardian.com/news/2003/jan/24/guardianobituaries.italy|accessdate=20 July 2013|newspaper=The Guardian|date=24 January 2003}}</ref> Paolo Fresco succeeded him in the aforementioned post.<ref>{{cite news|author=Alan Friedman|title=Embattled Fiat Chief to Resign in June and Be Succeeded by the No. 2 at GE|url=https://www.nytimes.com/1998/01/23/business/worldbusiness/23iht-fiat.t_0.html|accessdate=25 April 2013|newspaper=The New York Times|date=23 January 1998|location=Rome}}</ref><ref>{{cite news|title=BMW confident as sales charge to pounds 2Obn record|url=http://www.thefreelibrary.com/BMW+confident+as+sales+charge+to+pounds+2Obn+record.-a060860908|accessdate=12 June 2013|newspaper=The Birmingham Post|date=30 January 1998}}</ref>


Romiti was the chairman of the board of RCS Quotidiani S.p.A. from 2 June 1998 to 15 July 2004.<ref name=cton/> Next he served as the chairman of [[Impregilo]] from May 2005 to 2007.<ref name=mfashions>{{cite web|title=Romiti|url=http://www.fashionsummit.it/en/2012-italy-china-edition/speakers/romiti|work=Milano Fashion Summit|accessdate=25 April 2013}}</ref><ref>{{cite news|title=Impregilo appoints Cesare Romiti chairman, Alberto Lina CEO|url=http://www.finanznachrichten.de/nachrichten-2005-05/1902193-impregilo-appoints-cesare-romiti-chairman-alberto-lina-ceo-020.htm|accessdate=25 April 2013|work=AFX News|date=2 May 2005|location=Milan}}</ref> He became the president of Italian China Institution in 2000 and was also appointed its president in 2004.<ref name=mfashions/><ref name="donuni">{{cite web|title=Cesare Romiti, President of Italian China Foundation, Appointed Consulting Professor of DHU|url=http://www2.dhu.edu.cn/dhuxxxt/shownewsenglish.asp?id=9930|publisher=Donghua University|accessdate=25 April 2013}}</ref> He is also advisor professor at [[Donghua University]].<ref name=donuni/>
Romiti was the chairman of the board of RCS Quotidiani S.p.A. from 2 June 1998 to 15 July 2004.<ref name=cton/> Next he served as the chairman of [[Impregilo]] from May 2005 to 2007.<ref name=mfashions>{{cite web|title=Romiti|url=http://www.fashionsummit.it/en/2012-italy-china-edition/speakers/romiti|work=Milano Fashion Summit|accessdate=25 April 2013}}</ref><ref>{{cite news|title=Impregilo appoints Cesare Romiti chairman, Alberto Lina CEO|url=http://www.finanznachrichten.de/nachrichten-2005-05/1902193-impregilo-appoints-cesare-romiti-chairman-alberto-lina-ceo-020.htm|accessdate=25 April 2013|work=AFX News|date=2 May 2005|location=Milan}}</ref> He became the president of Italian China Institution in 2000 and was also appointed its president in 2004.<ref name=mfashions/><ref name="donuni">{{cite web|title=Cesare Romiti, President of Italian China Foundation, Appointed Consulting Professor of DHU|url=http://www2.dhu.edu.cn/dhuxxxt/shownewsenglish.asp?id=9930|publisher=Donghua University|accessdate=25 April 2013|deadurl=yes|archiveurl=https://web.archive.org/web/20150224211510/http://www2.dhu.edu.cn/dhuxxxt/shownewsenglish.asp?id=9930|archivedate=24 February 2015|df=dmy-all}}</ref> He is also advisor professor at [[Donghua University]].<ref name=donuni/>


===Controversy===
===Controversy===
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===Honours, awards and recognition===
===Honours, awards and recognition===
Romiti has been awarded by various organizations, including the Chinese people’s association for friendship with foreign countries.<ref name="donuni">{{cite web|title=Cesare Romiti, President of Italian China Foundation, Appointed Consulting Professor of DHU|url=http://www2.dhu.edu.cn/dhuxxxt/shownewsenglish.asp?id=9930|publisher=Donghua University|accessdate=25 April 2013}}</ref> He was named as honorary chairman of [[the Aspen Institute]]. On 21 June 2004, he became the honorary president of [[RCS MediaGroup]].<ref name="rcs28july">{{cite web|title=Vittorio Colao is the new Chief Executive Officer|url=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|work=RCS MediaGroup|accessdate=25 April 2013|date=28 July 2004}}</ref>
Romiti has been awarded by various organizations, including the Chinese people’s association for friendship with foreign countries.<ref name="donuni">{{cite web|title=Cesare Romiti, President of Italian China Foundation, Appointed Consulting Professor of DHU|url=http://www2.dhu.edu.cn/dhuxxxt/shownewsenglish.asp?id=9930|publisher=Donghua University|accessdate=25 April 2013|deadurl=yes|archiveurl=https://web.archive.org/web/20150224211510/http://www2.dhu.edu.cn/dhuxxxt/shownewsenglish.asp?id=9930|archivedate=24 February 2015|df=dmy-all}}</ref> He was named as honorary chairman of [[the Aspen Institute]]. On 21 June 2004, he became the honorary president of [[RCS MediaGroup]].<ref name="rcs28july">{{cite web|title=Vittorio Colao is the new Chief Executive Officer|url=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|work=RCS MediaGroup|accessdate=25 April 2013|date=28 July 2004}}</ref>


* [[File:Cavaliere OML BAR.svg|80px]] Knight of [[Order of Merit for Labour|the Order of Merit for Labour]]<ref name="donuni"/>
* [[File:Cavaliere OML BAR.svg|80px]] Knight of [[Order of Merit for Labour|the Order of Merit for Labour]]<ref name="donuni"/>

Revision as of 08:55, 2 August 2017

Cesare Romiti
Born (1923-06-24) 24 June 1923 (age 101)
NationalityItalian
OccupationEconomist
ChildrenTwo sons

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 due to 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]

He also received the Medal of Honor from France.[12]

References

  1. ^ "Italy Convicts Fiat Chairman; Bars Him from Corporate Posts". The New York Times. 10 April 1997. Retrieved 25 April 2013.
  2. ^ a b Gianni Vattimo; René Noël Girard (2010). Christianity, Truth, and Weakening Faith: A Dialogue. Columbia University Press. p. 109. ISBN 978-0-231-52041-6. Retrieved 20 July 2013.
  3. ^ a b c d e f "Cesare Romiti". China Tibet Online. Retrieved 24 February 2015.
  4. ^ a b c d Wolfang Achtner (17 December 1995). "The tough cop takes the wheel; profile; Cesare Romiti". The Independent. Retrieved 25 April 2013.
  5. ^ "Alitalia—Airline To Divas & Popes—Flies To Sunset". The Financial Express. Rome. Reuters. 5 May 2004. Retrieved 20 January 2014.
  6. ^ a b Alan Friedman (12 December 1995). "Successor at Automaker is 72 and a Target of Prosecutors". The New York Times. Retrieved 25 April 2013.
  7. ^ Jon Glover (24 January 2003). "Giovanni Agnelli". The Guardian. Retrieved 20 July 2013.
  8. ^ 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. Retrieved 25 April 2013.
  9. ^ "BMW confident as sales charge to pounds 2Obn record". The Birmingham Post. 30 January 1998. Retrieved 12 June 2013.
  10. ^ a b "Romiti". Milano Fashion Summit. Retrieved 25 April 2013.
  11. ^ "Impregilo appoints Cesare Romiti chairman, Alberto Lina CEO". AFX News. Milan. 2 May 2005. Retrieved 25 April 2013.
  12. ^ a b c d e "Cesare Romiti, President of Italian China Foundation, Appointed Consulting Professor of DHU". Donghua University. Archived from the original on 24 February 2015. Retrieved 25 April 2013. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  13. ^ Alan Friedman (10 April 1997). "Fiat's 'Tough Guy' Chairman Is Found Guilty of Corruption". The New York Times. Retrieved 20 July 2013.
  14. ^ "Vittorio Colao is the new Chief Executive Officer". RCS MediaGroup. 28 July 2004. Retrieved 25 April 2013.