Cesare Romiti was an Italian economist and businessman.
20 Facts About Cesare Romiti
2.
Cesare Romiti was best known as an executive of both state-owned firms and private companies, including Fiat and Alitalia.
3.
Cesare Romiti acquired the nickname Il Duro referring to his management style while he was serving as the head of Fiat.
4.
Cesare Romiti's father worked as a post office worker who was dismissed from his job due to his opposition to the fascist government of Benito Mussolini.
5.
Cesare Romiti had two brothers, and his family was poor.
6.
Cesare Romiti subsequently received a degree in economics and commercial sciences in 1945.
7.
Cesare Romiti began his career at the Bombrini Parodi Delfino munitions group in 1947.
8.
Cesare Romiti worked for Fiat in various capacities for twenty years from 1974 to 1995.
9.
Cesare Romiti was one of the major shareholders of the company.
10.
Cesare Romiti laid blame on the Red Brigades, contending that they had pervaded the leadership of the Italian General Confederation of Labour.
11.
The strike ended after several weeks, with the laid-off employees granted unemployment benefits, but Cesare Romiti asserted that the future of Fiat and its employees had been secured.
12.
Cesare Romiti succeeded Gianni Agnelli as the chairman of the firm when Agnelli stepped down.
13.
Cesare Romiti led the firm from 28 February 1996 to 22 June 1998.
14.
Cesare Romiti was instrumental in the company's return to profitability during this period.
15.
Cesare Romiti achieved this by having Fiat launch new car models and shutting down the company's historic factory in Lingotto.
16.
Cesare Romiti became the president of Italian China Institution in 2000 and was appointed its president in 2004.
17.
Cesare Romiti was given honorary citizenship by China in 2006, in recognition of his endeavours to boost ties between the two countries.
18.
Cesare Romiti married Luigia Gastaldi in 1948 and was married until her death in 2001.
19.
Cesare Romiti died on 18 August 2020 in his home in Milan at the age of 97.
20.
Cesare Romiti was named as honorary chairman of the Aspen Institute.