Academic Ranks in Italy

Overview
Faculty (all these positions are tenured or tenure-track):

Professore Emerito (full professor after retirement age whose high importance in academic field has been credited by the faculty council and approved by the Ministry of Higher Education: it is just an honorary title, although, in some cases, a Professore Emerito is allowed to keep his/her office for up to two years)
Professore Ordinario, or more precisely: Professore di I fascia (full professor; tenured position)
Professore Straordinario (a professor taking his/her three years of testing before being confirmed as full professor)
Professore Associato, or more precisely: Professore di II fascia (associate professor; tenured position)
Professore Associato non confermato : Professore di II fascia taking his/her three years of testing before being confirmed as Professore Associato
Professore aggregato (a faculty researcher with a temporary appointment for a given course)
Ricercatore confermato (assistant professor or researcher; tenured position)
Ricercatore non confermato (assistant professor or researcher in tenure-track; a researcher taking his/her three years of testing before being confirmed as researcher; ; no position of Ricercatore can be created after an Italian university reform in 2010, but whoever achieved this role before will keep his right to be tenured after the first three years)
Assistente (The former entry level of permanent positions before Ricercatore replaced it in the early 1980s. No position of Assistente were created since then, but some personnel kept the title, though most of them became Ricercatore confermato)

Non-faculty and temporary:
Professore a contratto (professor with a temporary appointment for a given course or lecture series)
Professore incaricato (former name, before 1980, for Professore a contratto)
Assegnista di Ricerca (research fellow with a temporary position, usually holding a Ph.D. title)
Dottorando di Ricerca (Ph.D. student)

Notice that as of January 2011, some changes have been introduced in the above system, in particular faculties have been abolished in all Italian state universities substituted by larger departments in charge of both teaching and research. Therefore, the role of the "Preside", that used to be the head of the faculty, is now extinguished.

Administrative ranks
Rettore (rector)
Prorettore (vice-rector)
Preside (dean of faculty)
Presidente di Consiglio di Corso di Laurea (head of a Bachelor/Msc curriculum on a given topic)
Direttore di Dipartimento (head of department)

Professorship
Faculty members must hold a master's and often (but it's not compulsory) a PhD and degrees can be (in ascending order):

Cultore della materia (assistant to a specific professor)
Researcher
Professore a contratto (literally "contract professor", usually used to hire persons of great professional experience that lack an academic background)
Professore associato (associate professor)
Professore ordinario (the highest degree)
Professore emerito (high-standing retired professors)