This database was last updated in October 2019 and should only be used as a historical snapshot. There may be new information that is not included here.
Richard V. Spencer
Defense (joined: Aug. 1, 2017)
Secretary of the Navy | Financial Disclosure »
Bio, via United States Navy:
A Connecticut native, Spencer graduated from Rollins College in 1976 with a Bachelor of Arts in Economics. Upon graduation he joined the United States Marine Corps and proudly served as an H-46 pilot until 1981 before departing active duty to enter the private finance sector. Spencer worked on Wall Street for 16 years with responsibilities centered on investment banking services and a particular focus on strategic advisory services and capital market underwriting. After three years as president of Crossroads Investment Management LLC, a leading venture capital and private equity fund-of-funds investment firm, Spencer joined Intercontinental Exchange, Inc. (NYSE-ICE), the leading electronic commodity futures exchange, as chief financial officer. ICE introduced transparency and risk management to the global derivatives markets. As vice chairman he was responsible for the transition of the company from private to public, including initial board of directors recruitment, the initial public offering and the subsequent three secondary offerings, financial reporting, strategy development and implementation, and human resources management. From 2007 to 2017 Spencer was the managing director of Fall Creek Management, LLC. Spencer served on the Board of Directors of Global Atlantic Financial Group, ENGAGEcx LLC, 86Borders LLC and StarPound Technologies. His charitable activities include board service on the Marine Corps Heritage Foundation, The Community Foundation of Jackson Hole, Teton County Search & Rescue Foundation, Veterans Campaign/Center for Second Service, and Honoring Our Vets. Spencer served on the Defense Business Board and the Chief of Naval Operations Executive Panel.
Former Positions Outside Government
- 86Borders LLC Board of Directors
- Accordia Life and Annuity Company Board of Diectors
- Ariel Re Limited Board of Directors
- CX Technologies LLC Board of Directors
- Commonwealth Annuity and Life Insurance Company Board of Directors
- Community Foundation of Jackson Hole Board of Directors
- ENGAGEcx Board Member
- Fall Creek Management LLC Managing Member
- First Allmerica Financial Life Insurance Company Board of Directors
- Forethought Life Insurance Company Board of Directors
- Forethought National Life Insurance Company Board of Directors
- Global Atlantic Financial Group Limited Board of Directors
- Global Atlantic Financial Life Limited Board of Directors
- Honoring Our Veterans Board of Directors
- Marine Corps Heritage Foundation Board of Directors
- StarPound Technologies, Inc. Board of Directors
- Teton County Search and Rescue Foundation Board of Directors
- Veterans Campaign Board of Directors
Former Compensation Sources
- Global Atlantic Financial Group Limited Member Board of Directors - Audit Committee Chair/Legal & Compliance Committee Chair/Transfer Committee Chair
Employment Assets
| Description | Value | Income |
|---|---|---|
| Global Atlantic Financial Group Limited (Insurance) | $100,000 | |
| Global Atlantic Financial Group Limited Common Stock | $1,000,001 - $5,000,000 | None (or less than $201) |
| 86 Borders LLC Common Stock (communications) | $500,001 - $1,000,000 | None (or less than $201) |
| CX Technologies LLC Common Stock (customer relationship mgmt) | $1,000,001 - $5,000,000 | None (or less than $201) |
| CX Technologies LLC Credit Facility (customer relationship mgmt) | $250,001 - $500,000 | $2,501 - $5,000 |
| StarPound Technologies, Inc. Common Stock (communications & technology) | $1,000,001 - $5,000,000 | None (or less than $201) |
| (401k) | ||
| AAC Holdings (substance abuse services) | $1,001 - $15,000 | None (or less than $201) |
| American Express Common Stock (financial services) | $15,001 - $50,000 | $201 - $1,000 |
| Aratana Therapeutics Common Stock (pharmaceuticals) | $15,001 - $50,000 | None (or less than $201) |
| Archer Daniels Midland Common Stock (global food processing) | $15,001 - $50,000 | $201 - $1,000 |
| Boingo Wireless Common Stock (mobile internet access) | $15,001 - $50,000 | None (or less than $201) |
| Duluth Holdings Common Stock CL B (clothing) | $15,001 - $50,000 | None (or less than $201) |
| Edwards Life Sciences Corp Common Stock (medical equipment) | $15,001 - $50,000 | None (or less than $201) |
| El Pollo Loco Holdings Inc. Common Stock (restaurant) | $1,001 - $15,000 | None (or less than $201) |
| Electronics For Imaging Inc. Common Stock (digital printing technology) | $15,001 - $50,000 | None (or less than $201) |
| Freshpet Inc Common Stock (pet food) | $15,001 - $50,000 | None (or less than $201) |
| Heritage Crystal Clean Inc. Common Stock (hazardous waste treatment) | $15,001 - $50,000 | None (or less than $201) |
| Monroe Capital Corp. Common Stock (finance) | $15,001 - $50,000 | None (or less than $201) |
| Paylo City Holdings Corp Common Stock (software) | $15,001 - $50,000 | None (or less than $201) |
| Pinnacle Foods Common Stock (packaged food) | $15,001 - $50,000 | None (or less than $201) |
| Shake Shack Inc. Common Stock Class A (restaurant) | $1,001 - $15,000 | None (or less than $201) |
| Tactile Systems Technology Inc. Common Stock (medical technology) | $15,001 - $50,000 | None (or less than $201) |
| Twilio Inc. Common Stock (cloud communications) | $15,001 - $50,000 | None (or less than $201) |
| Union Pacific Corp Common Stock (railroad) | $15,001 - $50,000 | None (or less than $201) |
| Wageworks Inc. Common Stock (consumer directed benefits) | $15,001 - $50,000 | None (or less than $201) |
| Zoes Kitchen Inc Common Stock (restaurant) | $15,001 - $50,000 | None (or less than $201) |
| Zoetis Inc. Common Stock Class A (pharmaceuticals for pets and livestock) | $15,001 - $50,000 | None (or less than $201) |
| Kornit Digital Ltd Common Stock (inkjet printers) | $1,001 - $15,000 | None (or less than $201) |
| Sunopta Inc. Common Stock (organic food manufacturer) | $1,001 - $15,000 | None (or less than $201) |
| Independence Realty Trust Inc. Common Stock (real estate investment trust) | $15,001 - $50,000 | $201 - $1,000 |
| Continental Energy Corp Common Stock (oil & gas exploration) | $15,001 - $50,000 | None (or less than $201) |
| Fall Creek Managment LLC (Capital Investment) | $1,000,001 - $5,000,000 | None (or less than $201) |
| T/A Associates SPF Fund IV | $100,001 - $250,000 | $15,001 - $50,000 |
| Signal Hill Capital LLC | $15,001 - $50,000 | $2,501 - $5,000 |
| Horizon Data Center Solutions, LLC (IT solutions) | ||
| Operative Media, Inc. (digital media) | ||
| Panton Inc. (business management) | ||
| QMC Telecom International Holdings, LLC (telecom) | ||
| SyncDog Inc. (software) | ||
| Transvoyant LLC (software) | ||
| Triad Semiconductor (integrated circuits) | ||
| Higher Education Partners LLC (education services) | ||
| Logicworks Holdings Corporation (business cloud mgmt) | ||
| LPP Combustion, LLC (alternative fuel development) | ||
| Two non-reportable assets | $1,000,001 - $5,000,000 | None (or less than $201) |
| ENGAGEcx Common Stock (customer relationship mgmt) | $1,000,001 - $5,000,000 | None (or less than $201) |
| ENGAGEcx Credit Facility (customer relationship management) | $500,001 - $1,000,000 | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| Appleton Partners Inc. Municipal Bond Account | ||
| ARIZONA BRD REGENTS (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| CALIFORNIA ST VARIOUS PURP GO (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| CALIFORNIA ST DEPT WTR RES PWR SUPPLY (Bonds) | $100,001 - $250,000 | $2,501 - $5,000 |
| DENVER COLO CITY &CNTY ARPT (Bonds) | $100,001 - $250,000 | $2,501 - $5,000 |
| EVANSTON ILL GO CORP PURP (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| FLORIDA PORTS FING COMMN (Bonds) | $100,001 - $250,000 | $2,501 - $5,000 |
| FLORIDA ST BRD ED PUB ED CAP OUTLAY (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| HAWAII ST GO BDS SER. EL AA (Bonds) | $50,001 - $100,000 | $5,001 - $15,000 |
| HAWAII ST GO BDS SER. EL AA+ (Bonds) | $100,001 - $250,000 | None (or less than $201) |
| ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| KENTUCKY ST PPTY &BLDGS COMMN REVS (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| METROPOLITAN UTILS DIST OMAHA NEB WTR (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| MIAMI-DADE CNTY FLA GO (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| OHIO ST MAJOR NEW ST INFRASTRUCTURE PROJ (Bonds) | $100,001 - $250,000 | $2,501 - $5,000 |
| OHIO UNIV GEN RCPTS ATHENS GEN RCPTS (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| PENNSYLVANIA ECONOMIC DEV FING AUTH UNEMPLOYMENT COMPENSATION REV REV (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| PIERCE CNTY WASH SCH DIST NO 010 TACOMA (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| ROYSE CITY TEX INDPT SCH DIST ULTD TAX (Bonds) | $100,001 - $250,000 | None (or less than $201) |
| UNIVERSITY ARK UNIV REV REF (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| UNIVERSITY COLO ENTERPRISE SYS REV (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| TAMPA FLA HEALTH SYS SERV REV (Bonds) | $100,001 - $250,000 | $2,501 - $5,000 |
| WASHINGTON ST GO (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| WISCONSIN ST GO (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| MILWAUKEE WIS GO PROM NTS SER. N2 (Bonds) | $100,001 - $250,000 | $5,001 - $15,000 |
| Residential - Rental Property, McKinleyville, CA | $100,001 - $250,000 | $15,001 - $50,000 |
| U.S. Bank 2 (Cash) | $1,001 - $15,000 | None (or less than $201) |
| U.S. Brokerage Account 1 (Cash) | $500,001 - $1,000,000 | $2,501 - $5,000 |
| Trust 1 (spouse) | ||
| BNY Mellon Short-Term U.S. Government Securities Fund | None (or less than $1,001) | None (or less than $201) |
| BNY Mellon Intermediate Bond Fund | $1,001 - $15,000 | None (or less than $201) |
| U.S. Bank 3 (cash) | $1,001 - $15,000 | None (or less than $201) |
| BNY Mellon Bond Fund | $1,001 - $15,000 | None (or less than $201) |
| Dreyfus Yield Enhancement Strategy Fund | $1,001 - $15,000 | $201 - $1,000 |
| BNY Mellon Tax-Sensitive Large Cap Multi- Strategy Fund | $15,001 - $50,000 | None (or less than $201) |
| BNY Mellon Mid Cap Mutli-Strategy Fund | $1,001 - $15,000 | None (or less than $201) |
| BNY Mellon Small/Mid Cap Fund | $1,001 - $15,000 | None (or less than $201) |
| Dreyfus Diversified International Fund | $15,001 - $50,000 | $201 - $1,000 |
| Dreyfus Alternative Diversifier Strategies Fund | $15,001 - $50,000 | $201 - $1,000 |
| Trust 2 (spouse) | ||
| Abbott Labs | $50,001 - $100,000 | $1,001 - $2,500 |
| Abbvie Inc. | $100,001 - $250,000 | $5,001 - $15,000 |
| Altria Group Inc | $50,001 - $100,000 | $1,001 - $2,500 |
| American Water Works Co | $50,001 - $100,000 | $1,001 - $2,500 |
| Amgen Inc | $15,001 - $50,000 | $1,001 - $2,500 |
| Aqua Amer Inc | $50,001 - $100,000 | $1,001 - $2,500 |
| Astrazeneca PLC Spon ADR | $50,001 - $100,000 | $2,501 - $5,000 |
| AT&T Inc | $50,001 - $100,000 | $2,501 - $5,000 |
| Bank of Nova Scotia Canada CAD | $50,001 - $100,000 | $2,501 - $5,000 |
| Baxter Intl Inc | $50,001 - $100,000 | $201 - $1,000 |
| BB&T Corp | $50,001 - $100,000 | $1,001 - $2,500 |
| BCE Inc New CAD | $50,001 - $100,000 | $2,501 - $5,000 |
| BP PLC SPON ADR | $50,001 - $100,000 | $2,501 - $5,000 |
| Caterpillar Inc | $50,001 - $100,000 | $2,501 - $5,000 |
| Chemours Co | $1,001 - $15,000 | None (or less than $201) |
| Chevron Corp | $50,001 - $100,000 | $2,501 - $5,000 |
| Cisco Systems Inc | $50,001 - $100,000 | $2,501 - $5,000 |
| Clorox Co | $100,001 - $250,000 | $5,001 - $15,000 |
| ConocoPhillips | $50,001 - $100,000 | $1,001 - $2,500 |
| Corning Inc | $15,001 - $50,000 | $201 - $1,000 |
| CVS Health Corp | $50,001 - $100,000 | $1,001 - $2,500 |
| Deere and Co | $50,001 - $100,000 | $1,001 - $2,500 |
| Diebold Nixdorf Inc | $15,001 - $50,000 | $201 - $1,000 |
| DOW Chemical | $100,001 - $250,000 | $2,501 - $5,000 |
| Du Pont de Nemours | $50,001 - $100,000 | $1,001 - $2,500 |
| Duke Energy Corp NEW | $50,001 - $100,000 | $2,501 - $5,000 |
| Emerson Electric Co | $15,001 - $50,000 | $201 - $1,000 |
| Eversource Energy Com | $50,001 - $100,000 | $2,501 - $5,000 |
| Exxon Mobil Corp | $50,001 - $100,000 | $2,501 - $5,000 |
| FirstEnergy Corp | $15,001 - $50,000 | $1,001 - $2,500 |
| Ford Motor Co COM NEW | $15,001 - $50,000 | $1,001 - $2,500 |
| Freeport McMoRan INC | $15,001 - $50,000 | None (or less than $201) |
| Frontier Communications Corp | $1,001 - $15,000 | $1,001 - $2,500 |
| General Electric Co | $15,001 - $50,000 | $201 - $1,000 |
| Genuine Parts Co | $50,001 - $100,000 | $2,501 - $5,000 |
| Glaxo Smithkline PLC ADR | $15,001 - $50,000 | $1,001 - $2,500 |
| Halliburton Co | $50,001 - $100,000 | $201 - $1,000 |
| Halyard Health Inc | $1,001 - $15,000 | None (or less than $201) |
| Illinois Tool Works Inc | $50,001 - $100,000 | $1,001 - $2,500 |
| Intel Corp | $100,001 - $250,000 | $2,501 - $5,000 |
| Johnson & Johnson | $100,001 - $250,000 | $2,501 - $5,000 |
| JP Morgan Chase & Co | $50,001 - $100,000 | $1,001 - $2,500 |
| Kimberly Clark Corp | $100,001 - $250,000 | $2,501 - $5,000 |
| Kinder Morgan Inc | $50,001 - $100,000 | $1,001 - $2,500 |
| Lilly Eli & Co | $50,001 - $100,000 | $1,001 - $2,500 |
| Marathon Petroleum CO | $100,001 - $250,000 | $2,501 - $5,000 |
| Merck & Co Inc New Com | $50,001 - $100,000 | $2,501 - $5,000 |
| Microsoft Corp | $100,001 - $250,000 | $2,501 - $5,000 |
| Mondelez Intl Inc | $50,001 - $100,000 | $1,001 - $2,500 |
| NATL Fuel Gas Co | $100,001 - $250,000 | $2,501 - $5,000 |
| Newmont Mining Corp | $50,001 - $100,000 | $201 - $1,000 |
| NextEra Energy Inc COM | $50,001 - $100,000 | $1,001 - $2,500 |
| Northwest Nat Gas CO | $50,001 - $100,000 | $1,001 - $2,500 |
| PepsiCo Inc | $50,001 - $100,000 | $1,001 - $2,500 |
| Pfizer INC | $100,001 - $250,000 | $5,001 - $15,000 |
| Philip Morris International Inc | $50,001 - $100,000 | $2,501 - $5,000 |
| Phillips 66 | $50,001 - $100,000 | $1,001 - $2,500 |
| Potash Corp SASK INC Canada | $15,001 - $50,000 | $201 - $1,000 |
| Procter & Gamble CO | $50,001 - $100,000 | $2,501 - $5,000 |
| Realty Income Corp MD SBI | $15,001 - $50,000 | $1,001 - $2,500 |
| Royal Dutch Shell PLC CL A SPON ADR | $15,001 - $50,000 | $1,001 - $2,500 |
| RPM Intl INC | $50,001 - $100,000 | $1,001 - $2,500 |
| Southern Co | $15,001 - $50,000 | $1,001 - $2,500 |
| Spectra Energy Corp | $50,001 - $100,000 | $2,501 - $5,000 |
| Stanley Black & Decker INC COM | $50,001 - $100,000 | $1,001 - $2,500 |
| Sysco Corp | $100,001 - $250,000 | $2,501 - $5,000 |
| Unilever PLC AMER SHS NEW SPON | $100,001 - $250,000 | $2,501 - $5,000 |
| UNTD Technologies Corp | $100,001 - $250,000 | $2,501 - $5,000 |
| Verizon Communications Inc | $50,001 - $100,000 | $2,501 - $5,000 |
| WP Carey Inc Reit | $50,001 - $100,000 | $2,501 - $5,000 |
| Walgreens Boots Alliance Inc | $100,001 - $250,000 | $2,501 - $5,000 |
| WGL HLDGS INC | $100,001 - $250,000 | $2,501 - $5,000 |
| 3M Co | $50,001 - $100,000 | $1,001 - $2,500 |
| First Trust Nat Gas ETF | $1,001 - $15,000 | None (or less than $201) |
| iSHARES MSCI PAC EX JAPAN ETF | $50,001 - $100,000 | $1,001 - $2,500 |
| iSHARES Select DIVID ETF | $15,001 - $50,000 | $1,001 - $2,500 |
| SPDR Russell 3000 ETF | $250,001 - $500,000 | $5,001 - $15,000 |
| SPDR S&P Emerging Markets ETF | $50,001 - $100,000 | $201 - $1,000 |
| Sanofi Contingent Value Right (GCVRX) Number of rights: 1,000; Expires: December 31, 2020 (value not readily ascertainable). | None (or less than $201) | |
| American Funds Income Fund of America CL A | Over $1,000,000 | $15,001 - $50,000 |
| Utilities Sector SPDR Fund ETF | $100,001 - $250,000 | $2,501 - $5,000 |
| U.S. Bank 3 (Cash) | $1,001 - $15,000 | None (or less than $201) |
| American Funds and International Growth and Income Class A | $15,001 - $50,000 | $201 - $1,000 |
| Trust #3 (spouse) | ||
| Dreyfus Government Cash Mgmt | $15,001 - $50,000 | None (or less than $201) |
| IShares Barclays 1-3 Year Credit Bond | $1,001 - $15,000 | None (or less than $201) |
| IShares Barclays Interim Gov/Credit Bond | $1,001 - $15,000 | None (or less than $201) |
| Vanguard Short-Term Inflation Protection Securities ETF | $1,001 - $15,000 | None (or less than $201) |
| PIMCO Income Fund | $1,001 - $15,000 | None (or less than $201) |
| Vanguard Intermediate Tax-Exempt | $1,001 - $15,000 | None (or less than $201) |
| Dreyfus International Bond I | $1,001 - $15,000 | None (or less than $201) |
| Templeton Global Bond Fund | $1,001 - $15,000 | $201 - $1,000 |
| Vanguard REIT Index ETF | $1,001 - $15,000 | None (or less than $201) |
| Diamond Hill Large Cap Fund | $1,001 - $15,000 | None (or less than $201) |
| IShares Core S&P 500 ETF | $15,001 - $50,000 | $201 - $1,000 |
| IShares Russell 2000 Value Index Fund | $1,001 - $15,000 | None (or less than $201) |
| Lateef Fund Class I | $1,001 - $15,000 | None (or less than $201) |
| Allianzgi NFJ Inernational Value Institutional | $1,001 - $15,000 | $201 - $1,000 |
| Buffalo International Fund | $1,001 - $15,000 | None (or less than $201) |
| Franklin International Small Cap Growth Adv | $1,001 - $15,000 | $201 - $1,000 |
| IShares MSCI Eurozone ETF | $1,001 - $15,000 | None (or less than $201) |
| Thomas White International Fund CL I | $1,001 - $15,000 | None (or less than $201) |
| Vanguard FTSE Emerging Market ETF | $1,001 - $15,000 | None (or less than $201) |
| Aspen Managed Futures Strategy Fund I | $1,001 - $15,000 | None (or less than $201) |
| SPDR Gold Trust | $1,001 - $15,000 | None (or less than $201) |
| Tortoise Energy Infrastructure | $1,001 - $15,000 | $201 - $1,000 |
| Loan to family member (promissory note) | $15,001 - $50,000 | None (or less than $201) |
| Goldman Sachs Asian Private Equity Fund of Funds | $250,001 - $500,000 | $15,001 - $50,000 |
| U.S. Bank 1 (Cash) | $15,001 - $50,000 | $201 - $1,000 |
| Doughty Hanson Fund (receivable) | $1,001 - $15,000 | None (or less than $201) |
Liabilities
| Creditor Name | Creditor Type | Amount | Rate | Year Incurred |
|---|---|---|---|---|
| Fidelity Management | margin account | $250,001 - $500,000 | floating rate | 2015 |
| Goldman Sachs Asia Private Equity Fund | capital call | $50,001 - $100,000 | 0 | 2007 |
Do you know something about Richard V. Spencer? Send us an email at [email protected] or send a Signal message to 347-244-2134.
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