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Thursday, November 23, 2006

FederalNewsRadio - Ask the CFO - Richard Greco (Navy)

Richard Greco, Assistant Secretary of the Navy for Financial Management and Comptroller

Richard Greco, Jr. was nominated by President George W. Bush to serve as The Assistant Secretary of the Navy (Financial Management and Comptroller) on September 10, 2004 and was confirmed by the Senate one month later. In his capacity Secretary Greco is the chief financial officer of the Department of the Navy and is responsible for directing and managing the Department's financial activities, including the preparation, justification, and execution of a $126 billion budget; all financial policy, comptroller, accounting, audit, treasury, fiscal, legal, reporting, and Congressional relations functions; and recruiting, training, and leading a financial management workforce of 9,000 people. He also serves on the Department's many governance boards, including the executive steering group of the United States Naval Academy and the Acquisition Integrity Board. For exceptionally distinguished service, the Secretary of the Navy bestowed on Mr. Greco the Distinguished Public Service Award, the Department of the Navy's highest civilian honor.
  • Running the equivalent of the 7th largest corporation in the world based on revenues
  • Measuring performance ahead of time as opposed to after the fact
  • Making the internet a tool to communicate not just with the public but with your employees

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