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Posted: August 3, 2017 10:15 AM

Spencer Sworn In As Navy Secretary

By RICHARD R. BURGESS, Managing Editor

ARLINGTON, Va. — Richard V. Spencer has been sworn in as the 76th secretary of the Navy, a Navy spokesman said.

Spencer assumed office Aug. 3, said Capt. Patrick McNally, spokesman for the secretary. Spencer had been confirmed Aug. 1 by the Senate.

Spencer succeeds 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 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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