Riccardo Procacci

Riccardo Procacci

CEO, Avio Aero, and VP and CEO of GE Additive at General Electric
Company Tenure: 1 year
Education:
Sapienza University of Rome (B.A.) Sapienza University of Rome (Ms.D.) Sapienza University of Rome (Ph.D.)
Biography:

Riccardo joined GE in 1996 covering different technical and commercial roles before being assigned to Asia in 2000 as GE Oil & Gas region sales manager based in Kuala Lumpur. During his tenure, landmark projects were secured in the region in strategic segments like LNG and Pipeline. At the end of 2003, he moved back to the GE Oil & Gas headquarters in Florence, Italy, leading the Contractual Service Agreements business unit, part of the business’ Global Services division. In 2006, he relocated with his family to New Delhi, India, in the role of GE Country Leader, with the mandate to establish the Company’s operations in India, while identifying and launching key localization initiatives and partnerships. In 2009, he was nominated to the role of Turbomachinery Applied Technology leader based in Florence, Italy, where he was responsible for the product leadership of the entire Turbomachinery portfolio, which spans from compressors to gas and steam turbines, turboexpanders, pumps, valves and control systems. In this capacity, Riccardo has spearheaded the development, testing and feasibility of new technologies such as the LM6000 for mechanical drive, the first floating LNG applications, and increasing the competitiveness of GE’s steam turbines through the development of new high speed/high efficiency blades. In 2013, Riccardo joined GE Aviation Systems as Avio Aero integration leader, based in Turin, Italy. In this role, Riccardo led the team that planned the smooth transition of Avio Aero into GE. He was promoted to CEO of Avio Aero in mid-2013. In May 2020, he assumed additional responsibilities as CEO of GE Additive.

Profile Details

Affiliated Companies

General Electric

General Electric

Key Statements

“Well, I'm a liberal by heart, so I'm coming out. So I can't agree with anything you said. And taxation is an instrument. It should be fair, it should not be punitive. And everyone in a civil society should contribute. And this industry should contribute as well, in a fair way. But in the end is creating the interest for the economy, for the companies, for the people with a good intellect to make improvement that will solve the problem. You guys are probably smarter than I, help me, but I can't recall of a big tax section scheme that has ever solved any big problem of humanity. Ingenuity did. And ingenuity is what should be, in my view as a liberal, should be incentivized.”

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