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{{Infobox Minister
{{Infobox Minister
| name = Franco Reviglio
| name = Franco Reviglio
| image =
| image = https://it.wikipedia.org/wiki/Franco_Reviglio#/media/File:Franco_Reviglio.JPG
| imagesize =
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| caption =
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| party = [[Italian Socialist Party]]
| party = [[Italian Socialist Party]]
| residence =
| residence =
| alma_mater = Turin University
| alma_mater =
| spouse =
| spouse =
| nationality = [[Italians|Italian]]
| nationality = [[Italians|Italian]]
| religion=
| religion=
| children = Edoardo Reviglio, economist
| children =
| website =
| website =
| footnotes =
| footnotes =
}}
}}


'''Franco Reviglio''' (born 1935) is an [[Italians|Italian]] academic, businessman and socialist politician, who served in various capacities in the federal administration of [[Italy]]. He served twice as Finance Minister of the Italian Republic.
'''Franco Reviglio''' (born 1935) is an [[Italians|Italian]] academic, businessman and socialist politician, who served in various capacities in the federal administration of [[Italy]].


==Early life and education==
==Early life and education==
Reviglio was born in [[Turin]] in 1935.<ref name=UTCV>{{cite web|title=CV di Franco Reviglio|url=http://web.econ.unito.it/reviglio/reviglio_cv.pdf|publisher=University of Torino|accessdate=24 April 2013}}</ref> He was also educated in Turin.<ref name=kir3aug/> His undergraduate thesis was about improving efficiency in state-owned companies. As a young scholar he joined the IMF where he worked on Budgetary transparency for public expenditure control.<ref name=kir3aug/>
Reviglio was born in [[Turin]] in 1935.<ref name=UTCV>{{cite web|title=CV di Franco Reviglio|url=http://web.econ.unito.it/reviglio/reviglio_cv.pdf|publisher=University of Torino|accessdate=24 April 2013}}</ref> He was also educated in Turin.<ref name=kir3aug/> His undergraduate thesis was about improving efficiency in state-owned companies.<ref name=kir3aug/>


==Career==
==Career==
Reviglio worked as a professor of public finance at the [[University of Turin]].<ref name=kir3aug>{{cite news|last=Kirkland Jr.|first=Richard I.|title=Biggest bosses. 20|url=http://money.cnn.com/magazines/fortune/fortune_archive/1987/08/03/69369/index.htm|accessdate=24 April 2013|work=CNN (Fortune Magazine)|date=3 August 1987}}</ref> He was a member of [[Italian Socialist Party|the Socialist Party]] and served as the minister of finance from 4 August 1979 to 28 June 1981 in the Cabinet led by [[Prime Minister of Italy|Prime Minister]] [[Francesco Cossiga]]. <ref name=rulers>{{cite web|title=Italy - Ministries, - etc.|url=http://rulers.org/italgovt.html|work=Rulers|accessdate=28 April 2013}}</ref> After working at the University of Turin for two more years he left his job in 1983 and became the president of the Italian energy firm Ente Nazionale Idrocarburi, which is commonly known as [[Eni|ENI]].<ref name=mon31mar>{{cite news|last=Montalbano|first=William D.|title=5th Cabinet Member Quits in Italy|url=http://articles.latimes.com/1993-03-31/news/mn-17219_1_caretaker-government|accessdate=24 April 2013|newspaper=Los Angeles Times|date=31 March 1993}}</ref><ref name=nyt7june/> He was appointed to the post in order to reorganize and improve the firm.<ref name=bus2004>{{cite book|title=Business, the state and economic policy|url=http://books.google.com/books?id=gcGIYCJRawoC&pg=PA47|accessdate=24 April 2013|year=2004|publisher=Routledge|isbn=978-0-415-04722-7|page=47}}</ref> He achieved these goals in large degree.<ref name=bus2004/> In fact, ENI was the largest italian company at the time with over 100.000 employees and witnessed one of its most successful periods when he led the firm.<ref name=Ginsborg2003>{{cite book|author=Paul Ginsborg|title=A History of Contemporary Italy: Society and Politics, 1943-1988|url=http://books.google.com/books?id=uhgRA9j9FOwC&pg=PA408|accessdate=24 April 2013|date=1 January 2003|publisher=Palgrave Macmillan|isbn=978-1-4039-6153-2|page=408}}</ref> He supported [[privatization]] as a means of reorganizing asset portfolios and investment strategies.<ref>{{cite book|author1=John Vickers|author2=Vincent Wright|title=The Politics of Privatisation in Western Europe|url=http://books.google.com/books?id=e7miKwzjQRUC&pg=PA6|accessdate=15 January 2014|date=18 February 1989|publisher=Routledge|isbn=978-0-203-98923-4|page=6}}</ref> Reviglio's tenure at the firm ended in November 1989, and [[Umberto Colombo (scientist)|Umberto Colombo]] succeeded him as president of the firm.<ref>{{cite news|title=Can a pumped-up ENI get into fighting trim?|url=http://www.businessweek.com/stories/1991-05-26/can-a-pumped-up-eni-get-into-fighting-trim|accessdate=24 April 2013|work=Bloomberg|date=26 May 1991}}</ref><ref>{{cite book|title=Cuando el mercado se estremece: el reto directivo de la reestructuración de la industria|url=http://books.google.com/books?id=m_NjfG-dpyEC&pg=PA155|accessdate=25 April 2013|year=1986|publisher=Harvard Business Press|isbn=978-0-87584-136-6|page=155}}</ref> He was one of the directors of [[the Aspen Institute]] in Italy during that time.{{cn|date=May 2013}}
Reviglio worked as a professor of public finance at the [[University of Turin]].<ref name=kir3aug>{{cite news|last=Kirkland Jr.|first=Richard I.|title=Biggest bosses. 20|url=http://money.cnn.com/magazines/fortune/fortune_archive/1987/08/03/69369/index.htm|accessdate=24 April 2013|work=CNN (Fortune Magazine)|date=3 August 1987}}</ref> He was a member of [[Italian Socialist Party|the Socialist Party]] and served as the minister of finance from 4 August 1979 to 28 June 1981 in the Cabinet led by [[Prime Minister of Italy|Prime Minister]] [[Francesco Cossiga]]. <ref name=rulers>{{cite web|title=Italy - Ministries, - etc.|url=http://rulers.org/italgovt.html|work=Rulers|accessdate=28 April 2013}}</ref> After working at the University of Turin for two more years he left his job in 1983 and became the president of the Italian energy firm Ente Nazionale Idrocarburi, which is commonly known as [[Eni|ENI]].<ref name=mon31mar>{{cite news|last=Montalbano|first=William D.|title=5th Cabinet Member Quits in Italy|url=http://articles.latimes.com/1993-03-31/news/mn-17219_1_caretaker-government|accessdate=24 April 2013|newspaper=Los Angeles Times|date=31 March 1993}}</ref><ref name=nyt7june/> He was appointed to the post in order to reorganize and improve the firm.<ref name=bus2004>{{cite book|title=Business, the state and economic policy|url=http://books.google.com/books?id=gcGIYCJRawoC&pg=PA47|accessdate=24 April 2013|year=2004|publisher=Routledge|isbn=978-0-415-04722-7|page=47}}</ref> He achieved these goals in large degree.<ref name=bus2004/> In fact, ENI witnessed one of its most successful periods when he led the firm.<ref name=Ginsborg2003>{{cite book|author=Paul Ginsborg|title=A History of Contemporary Italy: Society and Politics, 1943-1988|url=http://books.google.com/books?id=uhgRA9j9FOwC&pg=PA408|accessdate=24 April 2013|date=1 January 2003|publisher=Palgrave Macmillan|isbn=978-1-4039-6153-2|page=408}}</ref> He supported [[privatization]] as a means of reorganizing asset portfolios and investment strategies.<ref>{{cite book|author1=John Vickers|author2=Vincent Wright|title=The Politics of Privatisation in Western Europe|url=http://books.google.com/books?id=e7miKwzjQRUC&pg=PA6|accessdate=15 January 2014|date=18 February 1989|publisher=Routledge|isbn=978-0-203-98923-4|page=6}}</ref> Reviglio's tenure at the firm ended in November 1989, and [[Umberto Colombo (scientist)|Umberto Colombo]] succeeded him as president of the firm.<ref>{{cite news|title=Can a pumped-up ENI get into fighting trim?|url=http://www.businessweek.com/stories/1991-05-26/can-a-pumped-up-eni-get-into-fighting-trim|accessdate=24 April 2013|work=Bloomberg|date=26 May 1991}}</ref><ref>{{cite book|title=Cuando el mercado se estremece: el reto directivo de la reestructuración de la industria|url=http://books.google.com/books?id=m_NjfG-dpyEC&pg=PA155|accessdate=25 April 2013|year=1986|publisher=Harvard Business Press|isbn=978-0-87584-136-6|page=155}}</ref> He was one of the directors of [[the Aspen Institute]] in Italy during that time.{{cn|date=May 2013}}


On 5 June 1990, Reviglio joined as a senior advisor to [[Wasserstein Perella & Co.]]'s team in regard to its European operations and held the post until 1992.<ref name=UTCV/><ref name=nyt7june>{{cite news|title=Wasserstein Names Adviser|url=http://www.nytimes.com/1990/06/07/business/wasserstein-names-adviser.html|accessdate=24 April 2013|newspaper=The New York Times|date=7 June 1990}}</ref><ref name=bloom4aug>{{cite news|title=Wasserstein Perella: The Rise And Fall And Rise?|url=http://www.businessweek.com/stories/1991-08-04/wasserstein-perella-the-rise-and-fall-and-rise|accessdate=24 April 2013|work=Bloomberg|date=4 August 1991}}</ref> In 1992, he was appointed budget minister in [[Amato I Cabinet|the Cabinet]] led by Prime Minister [[Giuliano Amato]].<ref name=mon22feb>{{cite news|last=Montalbano|first=William D.|title=Italian Leader Patches Holes in Cabinet|url=http://articles.latimes.com/1993-02-22/news/mn-456_1_italian-political-parties|accessdate=24 April 2013|newspaper=Los Angeles Times|date=22 February 1993}}</ref><ref name=beth28june>{{cite news|last=Sheridan|first=Mary Beth|title=Amato patches together Italy's 51st postwar government|url=http://www.apnewsarchive.com/1992/Amato-Patches-Together-Italy-s-51st-Postwar-Government/id-af39c67a26deb09c38b2ee0d105c9063|accessdate=26 April 2013|work=Associated Press|date=28 June 1998}}</ref> His tenure lasted until February 1993, and he was replaced by [[Beniamino Andreatta]] as budget minister.<ref name=mon22feb/> Reviglio was appointed finance minister in a cabinet reshuffle on 21 February 1993.<ref name=cow22feb>{{cite news|last=Cowell|first=Alan|title=Italian Chief Replaces 3 Ministers Who Resigned in Bribery Scandal|url=http://www.nytimes.com/1993/02/22/world/italian-chief-replaces-3-ministers-who-resigned-in-bribery-scandal.html|accessdate=24 April 2013|newspaper=The New York Times|date=22 February 1993}}</ref> He succeeded [[Giovanni Goria]] in the post.<ref name=mon22feb/> Reviglio resigned from office on 30 March 1993 due to his alleged involvement in bribery scandal.<ref name=alan31mar>{{cite news|last=Cowell|first=Alan|title=Italian Scandal Widens; Another Minister Quits Under Cloud|url=http://www.nytimes.com/1993/03/31/world/italian-scandal-widens-another-minister-quits-under-cloud.html|accessdate=24 April 2013|newspaper=The New York Times|date=31 March 1993}}</ref> He also served as a member of municipal council of Turin and as a senator (1992 &ndash; 1994).<ref name=UTCV/><ref name=prnews>{{cite news|title=Lehman Brothers appoints Franco Reviglio as Senior Advisor|url=http://www.prnewswire.co.uk/news-releases/lehman-brothers-appoints-franco-reviglio-as-senior-advisor-154346295.html|accessdate=24 April 2013|work=PR Newswire|location=Milan}}</ref>
On 5 June 1990, Reviglio joined as a senior advisor to [[Wasserstein Perella & Co.]]'s team in regard to its European operations and held the post until 1992.<ref name=UTCV/><ref name=nyt7june>{{cite news|title=Wasserstein Names Adviser|url=http://www.nytimes.com/1990/06/07/business/wasserstein-names-adviser.html|accessdate=24 April 2013|newspaper=The New York Times|date=7 June 1990}}</ref><ref name=bloom4aug>{{cite news|title=Wasserstein Perella: The Rise And Fall And Rise?|url=http://www.businessweek.com/stories/1991-08-04/wasserstein-perella-the-rise-and-fall-and-rise|accessdate=24 April 2013|work=Bloomberg|date=4 August 1991}}</ref> In 1992, he was appointed budget minister in [[Amato I Cabinet|the Cabinet]] led by Prime Minister [[Giuliano Amato]].<ref name=mon22feb>{{cite news|last=Montalbano|first=William D.|title=Italian Leader Patches Holes in Cabinet|url=http://articles.latimes.com/1993-02-22/news/mn-456_1_italian-political-parties|accessdate=24 April 2013|newspaper=Los Angeles Times|date=22 February 1993}}</ref><ref name=beth28june>{{cite news|last=Sheridan|first=Mary Beth|title=Amato patches together Italy's 51st postwar government|url=http://www.apnewsarchive.com/1992/Amato-Patches-Together-Italy-s-51st-Postwar-Government/id-af39c67a26deb09c38b2ee0d105c9063|accessdate=26 April 2013|work=Associated Press|date=28 June 1998}}</ref> His tenure lasted until February 1993, and he was replaced by [[Beniamino Andreatta]] as budget minister.<ref name=mon22feb/> Reviglio was appointed finance minister in a cabinet reshuffle on 21 February 1993.<ref name=cow22feb>{{cite news|last=Cowell|first=Alan|title=Italian Chief Replaces 3 Ministers Who Resigned in Bribery Scandal|url=http://www.nytimes.com/1993/02/22/world/italian-chief-replaces-3-ministers-who-resigned-in-bribery-scandal.html|accessdate=24 April 2013|newspaper=The New York Times|date=22 February 1993}}</ref> He succeeded [[Giovanni Goria]] in the post.<ref name=mon22feb/> Reviglio resigned from office on 30 March 1993 due to his alleged involvement in bribery scandal.<ref name=alan31mar>{{cite news|last=Cowell|first=Alan|title=Italian Scandal Widens; Another Minister Quits Under Cloud|url=http://www.nytimes.com/1993/03/31/world/italian-scandal-widens-another-minister-quits-under-cloud.html|accessdate=24 April 2013|newspaper=The New York Times|date=31 March 1993}}</ref> He also served as a member of municipal council of Turin and as a senator (1992 &ndash; 1994).<ref name=UTCV/><ref name=prnews>{{cite news|title=Lehman Brothers appoints Franco Reviglio as Senior Advisor|url=http://www.prnewswire.co.uk/news-releases/lehman-brothers-appoints-franco-reviglio-as-senior-advisor-154346295.html|accessdate=24 April 2013|work=PR Newswire|location=Milan}}</ref>


After leaving office and politics, Reviglio returned to his teaching post at the University of Turin.<ref name=UNbio>{{cite web|title=Groups|url=http://unpan1.un.org/intradoc/groups/public/documents/un/unpan001594~7.pdf|publisher=UN|accessdate=24 April 2013}}</ref> He also assumed the role of senior advisor to [[Lehman Brothers]] from 2002 to 2007.<ref name=UTCV/><ref name=arn4june>{{cite news|last=Arnold|first=Martin|title=Former French finance chief joins Lehman advisory board|url=http://www.ft.com/intl/cms/s/0/a8a352bc-1237-11dc-b963-000b5df10621.html#axzz2RPFzFIIq|accessdate=24 April 2013|newspaper=Financial Times|date=4 June 2007|location=London}}</ref> He is the former president and CEO of Azienda Energetica Metropolitana Torino SpA (Turin Energy Company; 2000 &ndash; 2006) as well as the president of NNOICOM, TLC company.<ref name=prnews/><ref name=UNbio/> He is the emeritus professor at the University of Turin.<ref name=UTCV/>
After leaving office and politics, Reviglio returned to his teaching post at the University of Turin.<ref name=UNbio>{{cite web|title=Groups|url=http://unpan1.un.org/intradoc/groups/public/documents/un/unpan001594~7.pdf|publisher=UN|accessdate=24 April 2013}}</ref> He also assumed the role of senior advisor to [[Lehman Brothers]] from 2002 to 2007.<ref name=UTCV/><ref name=arn4june>{{cite news|last=Arnold|first=Martin|title=Former French finance chief joins Lehman advisory board|url=http://www.ft.com/intl/cms/s/0/a8a352bc-1237-11dc-b963-000b5df10621.html#axzz2RPFzFIIq|accessdate=24 April 2013|newspaper=Financial Times|date=4 June 2007|location=London}}</ref> He is the former president and CEO of Azienda Energetica Metropolitana Torino SpA (Turin Energy Company; 2000 &ndash; 2006) as well as the president of NNOICOM, TLC company.<ref name=prnews/><ref name=UNbio/> He is the emeritus professor at the University of Turin.<ref name=UTCV/>

During his time as a professor in Turin he supervised and collaborated with several promising students that contributed to Italian economy. Among them, former economic ministers Giulio Tremonti, Domenico Sinisicalco and public manager Franco Bernabe'. This group of collaborators was later called "Reviglio boys" by the media. Throughout his career Professor Reviglio was editorialist of many italian newspaper ( Sole 24 Ore, Corriere della Sera, La Stampa) and wrote several influential book on public finance and italian economy.



==References==
==References==

Revision as of 12:56, 19 November 2015

Franco Reviglio
Minister of Finance
In office
21 February 1993 – 30 March 1993
Prime MinisterGiuliano Amato
Preceded byGiovanni Goria
Minister of Budget
In office
1992 – February 1993
Prime MinisterGiuliano Amato
Succeeded byBeniamino Andreatta
Minister of Finance
In office
4 August 1979 – 28 June 1981
Prime MinisterFrancesco Cossiga
Personal details
Born1935 (age 88–89)
Turin
NationalityItalian
Political partyItalian Socialist Party

Franco Reviglio (born 1935) is an Italian academic, businessman and socialist politician, who served in various capacities in the federal administration of Italy.

Early life and education

Reviglio was born in Turin in 1935.[1] He was also educated in Turin.[2] His undergraduate thesis was about improving efficiency in state-owned companies.[2]

Career

Reviglio worked as a professor of public finance at the University of Turin.[2] He was a member of the Socialist Party and served as the minister of finance from 4 August 1979 to 28 June 1981 in the Cabinet led by Prime Minister Francesco Cossiga. [3] After working at the University of Turin for two more years he left his job in 1983 and became the president of the Italian energy firm Ente Nazionale Idrocarburi, which is commonly known as ENI.[4][5] He was appointed to the post in order to reorganize and improve the firm.[6] He achieved these goals in large degree.[6] In fact, ENI witnessed one of its most successful periods when he led the firm.[7] He supported privatization as a means of reorganizing asset portfolios and investment strategies.[8] Reviglio's tenure at the firm ended in November 1989, and Umberto Colombo succeeded him as president of the firm.[9][10] He was one of the directors of the Aspen Institute in Italy during that time.[citation needed]

On 5 June 1990, Reviglio joined as a senior advisor to Wasserstein Perella & Co.'s team in regard to its European operations and held the post until 1992.[1][5][11] In 1992, he was appointed budget minister in the Cabinet led by Prime Minister Giuliano Amato.[12][13] His tenure lasted until February 1993, and he was replaced by Beniamino Andreatta as budget minister.[12] Reviglio was appointed finance minister in a cabinet reshuffle on 21 February 1993.[14] He succeeded Giovanni Goria in the post.[12] Reviglio resigned from office on 30 March 1993 due to his alleged involvement in bribery scandal.[15] He also served as a member of municipal council of Turin and as a senator (1992 – 1994).[1][16]

After leaving office and politics, Reviglio returned to his teaching post at the University of Turin.[17] He also assumed the role of senior advisor to Lehman Brothers from 2002 to 2007.[1][18] He is the former president and CEO of Azienda Energetica Metropolitana Torino SpA (Turin Energy Company; 2000 – 2006) as well as the president of NNOICOM, TLC company.[16][17] He is the emeritus professor at the University of Turin.[1]

References

  1. ^ a b c d e "CV di Franco Reviglio" (PDF). University of Torino. Retrieved 24 April 2013.
  2. ^ a b c Kirkland Jr., Richard I. (3 August 1987). "Biggest bosses. 20". CNN (Fortune Magazine). Retrieved 24 April 2013.
  3. ^ "Italy - Ministries, - etc". Rulers. Retrieved 28 April 2013.
  4. ^ Montalbano, William D. (31 March 1993). "5th Cabinet Member Quits in Italy". Los Angeles Times. Retrieved 24 April 2013.
  5. ^ a b "Wasserstein Names Adviser". The New York Times. 7 June 1990. Retrieved 24 April 2013.
  6. ^ a b Business, the state and economic policy. Routledge. 2004. p. 47. ISBN 978-0-415-04722-7. Retrieved 24 April 2013.
  7. ^ Paul Ginsborg (1 January 2003). A History of Contemporary Italy: Society and Politics, 1943-1988. Palgrave Macmillan. p. 408. ISBN 978-1-4039-6153-2. Retrieved 24 April 2013.
  8. ^ John Vickers; Vincent Wright (18 February 1989). The Politics of Privatisation in Western Europe. Routledge. p. 6. ISBN 978-0-203-98923-4. Retrieved 15 January 2014.
  9. ^ "Can a pumped-up ENI get into fighting trim?". Bloomberg. 26 May 1991. Retrieved 24 April 2013.
  10. ^ Cuando el mercado se estremece: el reto directivo de la reestructuración de la industria. Harvard Business Press. 1986. p. 155. ISBN 978-0-87584-136-6. Retrieved 25 April 2013.
  11. ^ "Wasserstein Perella: The Rise And Fall And Rise?". Bloomberg. 4 August 1991. Retrieved 24 April 2013.
  12. ^ a b c Montalbano, William D. (22 February 1993). "Italian Leader Patches Holes in Cabinet". Los Angeles Times. Retrieved 24 April 2013.
  13. ^ Sheridan, Mary Beth (28 June 1998). "Amato patches together Italy's 51st postwar government". Associated Press. Retrieved 26 April 2013.
  14. ^ Cowell, Alan (22 February 1993). "Italian Chief Replaces 3 Ministers Who Resigned in Bribery Scandal". The New York Times. Retrieved 24 April 2013.
  15. ^ Cowell, Alan (31 March 1993). "Italian Scandal Widens; Another Minister Quits Under Cloud". The New York Times. Retrieved 24 April 2013.
  16. ^ a b "Lehman Brothers appoints Franco Reviglio as Senior Advisor". PR Newswire. Milan. Retrieved 24 April 2013.
  17. ^ a b "Groups" (PDF). UN. Retrieved 24 April 2013.
  18. ^ Arnold, Martin (4 June 2007). "Former French finance chief joins Lehman advisory board". Financial Times. London. Retrieved 24 April 2013.
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