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Posted: August 2, 2017 9:55 AM

Spencer Confirmed as the New Secretary of the Navy

By RICHARD R. BURGESS, Managing Editor

ARLINGTON, Va. — In a late voice vote Aug. 1, the Senate confirmed Richard V. Spencer as the 76th secretary of the Navy.

Spencer succeeds acting secretary Sean J. Stackley, who, having long served as assistant secretary of the Navy for Research, Development and Acquisition, assumed office as acting secretary with the departure of Ray Mabus, who was secretary under President Barack H. Obama.

Spencer was the second person nominated by President Donald J. Trump for the office of secretary. The earlier nominee, Philip Bilden, withdrew from the nomination because he said would be unable to untangle his business investments to comply with government ethics rules.

Spencer most recently was managing director of Fall Creek Management LLC, a capital investment firm, having earlier served in a number of other investment firms. He is a graduate of Rollins College and served as a helicopter pilot in the Marine Corps from 1976 to 1981.

He serves on the Chief of Naval Operations Executive Panel and is vice chairman of the Marine Corps Heritage Foundation. He also served on the Defense Business Board from 2009 through 2015, including service as vice chairman.



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