Richard Spencer

CNAS Board of Advisor

Managing Director, Fall Creek Management LLC

  • Press: nurwitz@cnas.org

Richard V. Spencer is the Managing Director of Fall Creek Management LLC which focuses on value enhancement of private companies through capital investment and advice. He is former Vice Chairman and Chief Financial Officer of Intercontinental Exchange, Inc. (NYSE-ICE) the leading electronic commodity futures exchange. He served in that capacity from November 2001 through January 2008. While at ICE he was responsible for the transition of the company from private to public, including recruiting the Board, the initial public offering and the subsequent three secondary offerings, financial reporting, strategy development and implementation, and human resources. Prior to that Richard was the President of Crossroads Investment Management LLC a leading venture capital and private equity fund-of-funds investment firm. He joined Crossroads in 1998 after working on Wall Street for 16 years. During that period his responsibilities centered on investment banking services focusing on strategic advisory services and capital markets underwriting.

Mr. Spencer graduated from Rollins College in 1976 with a Bachelors of Arts degree in economics. Upon graduation from Rollins Richard joined the U.S. Marine Corps and served in the fleet until 1981.

Mr. Spencer is Vice Chairman of the Marine Corps Heritage Foundation, a member of the Board of Directors of Global Atlantic Financial Group, The Community Foundation of Jackson Hole, Teton County Search & Rescue Foundation, Chairman, VeteransCampaign, Honoring Our Vets, ENGAGEcx LLC, 86Borders, inc. and StarPound Technologies, Inc.

In service to the Federal Government Mr Spencer served on the Defense Business Board from 2009 through 2015 where he was most recently the Vice Chairman. He presently serves on the Chief of Naval Operations Executive Panel.

Mr. Spencer is married with has two adult children and resides in Wilson, Wyoming.

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