Richard V. Spencer

Richard Vaughn Spencer (born January 18, 1954) is an American businessman and diplomat who currently serves as the 76th United States Secretary of the Navy. Spencer served in the U.S. Marine Corps from 1976 to 1981 as a Marine Aviator and also served as Vice Chairman and Chief Financial Officer of Intercontinental Exchange from November 2001 to January 2008.

Early life
Born in 1954 in Waterbury, Connecticut, Spencer attended Rollins College as an undergraduate, majoring in economics. After graduating, he joined the United States Marine Corps, serving as a Marine Aviator from 1976 to 1981.

Career
After leaving the Marines as a captain, he worked on Wall Street for 15 years, holding positions at Goldman Sachs, Bear Stearns, Donaldson, Lufkin & Jenrette, A.G. Becker, Paine Webber and Merrill Lynch.

Secretary of the Navy
In June 2017, President Donald Trump nominated Spencer to serve as the 76th United States Secretary of the Navy after Trump's previous nominee for the position, Philip Bilden, withdrew his name from consideration. Spencer was confirmed by the United States Senate on August 1, 2017. He was then sworn in on August 3, 2017.