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Richard V. Spencer
Secretary of the US Navy
R ichard V. Spencer of Wyoming was sworn global derivatives markets. As vice chairman
he was responsible for the transition of the
in as the 76th secretary of the Navy
company from private to public, including initial
3 August 2017.
board of directors recruitment, the initial public
A Connecticut native, Spencer graduated from offering and the subsequent three secondary
Rollins College in 1976 with a Bachelor of Arts offerings, financial reporting, strategy
in Economics. Upon graduation he joined the development and implementation, and
United States Marine Corps and proudly served human resources management.
as an H-46 pilot until 1981 before departing
active duty to enter the private finance sector. From 2007 to 2017 Spencer was the managing
director of Fall Creek Management, LLC.
Spencer worked on Wall Street for sixteen years
with responsibilities centered on investment Spencer served on the Board of Directors of
banking services and a particular focus on Global Atlantic Financial Group, ENGAGEcx LLC,
strategic advisory services and capital market 86Borders LLC and StarPound Technologies.
underwriting. After three years as president of His charitable activities include board service
Crossroads Investment Management LLC, a on the Marine Corps Heritage Foundation, The
leading venture capital and private equity Community Foundation of Jackson Hole, Teton
fund-of-funds investment firm, Spencer joined County Search & Rescue Foundation, Veterans
Intercontinental Exchange, Inc. (NYSE-ICE), the Campaign/Center for Second Service, and
leading electronic commodity futures exchange, Honoring Our Vets. Spencer served on the
as chief financial officer. ICE introduced Defense Business Board and the Chief of Naval
transparency and risk management to the Operations Executive Panel.
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