Richard V. Spencer was sworn in as the 76th Secretary of the Navy this morning in a private ceremony at the Pentagon.
The ceremony was conducted by William O’Donnell, Department of the Navy assistant for administration, following Spencer’s Tuesday evening confirmation by the Senate.
Spencer served in the Marine Corps as an H-46 pilot from 1976 until 1981 and has since remained involved with the Navy and the Defense Department by serving on the Defense Business Board, the Chief of Naval Operations Executive Panel, the Marine Corps Heritage Foundation board, Veterans Campaign/Center for Second Service board and Honoring Our Vets board.
The 1976 Rollins College graduate worked on Wall Street for 16 years with a focus on investment banking. He worked for the Intercontinental Exchange, Inc., a leading electronic commodity futures exchange, as Chief Financial Officer and then Vice Chairman. He also served as managing director of Fall Creek Management, LLC., from 2007 to 2017.