Italian American - Business and Economy

Business and Economy

Italian-Americans have served an important role in the economy of the United States, and have founded companies of great national prominence, such as Bank of America (by Amadeo Giannini in 1904), and many companies that have contributed to the local culture and character of U.S. cities, such as Petrini's Markets (founded by Frank Petrini in 1935), among many others. Italian-Americans have also made important contributions to the growth of the U.S. economy through their business expertise. Italian Americans have served as CEO’s of numerous major corporations, such as the Ford Motor Company and Chrysler Corporation by Lee Iacocca, IBM Corporation by Samuel Palmisano, Lucent Technologies by Patricia Russo, The New York Stock Exchange by Richard Grasso, Honeywell Incorporated by Michael Bonsignore and Intel by Paul Otellini.

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