Riccardo Procacci received his degree in Mechanical Engineering with full marks from the La Sapienza University in Rome, where he also received his doctorate with a specialization in turbomachinery.

Riccardo is the CEO and General Manager of Avio Aero, a GE Aviation business headquartered in Turin, and CEO of GE Additive. He began his career at General Electric in 1996 in the Oil&Gas Division, filling a number of prominent managerial roles: Region Sales Manager Asia based in Kuala Lumpur (Malaysia) and Head of the Maintenance Contracts Business Unit in Florence.
In 2006, Riccardo moved to New Delhi, where he was the Country Leader for India, with the objective of consolidating the company's operations in that country, identifying and instituting important initiatives for localization and partnerships. In 2009, he returned to Florence, where he was named the Product Line Manager for the Turbomachinery Division of GE Oil&Gas.

On April 1st  2013, Riccardo joined GE Aviation as Avio Aero Integration Leader, based in Turin, Italy. Following the formal completion of the acquisition process, on August 1st 2013, Riccardo has been named CEO of Avio Aero. While in his role at Avio Aero, he also holds a few other positions: Board Member of the Unione Industriale (Industrial Union) in Turin, Board Member of the Centro Studi Americani (American Studies Center), and Board Member of AIAD Federazione Aziende Italiane per l'Aerospazio, la Difesa e la Sicurezza (Italian Industries Federation for Aerospace, Defense, and Security).

On May 2020 Riccardo assumed the leadership of the GE Additive business, in addition to his role as CEO of Avio Aero. Finally, on June 2020 the turboprop business – which includes the GE Catalyst and H-series engines – was aligned alongside Avio Aero, under the leadership of Riccardo.