The National President’s Award is the highest award bestowed by the American Society of Military Comptrollers, established to recognize individuals for exceptionally distinguished service in the field of defense financial management. This year’s award recognizes the service and dedication of two individuals, both of whom have over 40 years of federal service and epitomize the core values of ASMC society and have advocated for professional development through ASMC as a career long pursuit.  They both reflect the highest level of integrity, professional ethics and dedication/devotion to continuous learning and professional development.

Honorable Caral Spangler, Assistant Secretary of the Army (Financial Management and Comptroller)

She has served in Financial Management in the Army, Marine Corps, Navy and Air Force. She was sworn in as the Assistant Secretary of the Army (Financial Management and Comptroller) on August 17, 2021 and serves as the principal advisor to the Secretary of the Army on all matters related to Financial Management and Comptrollership. She has experience with every appropriation category. She also served as the ASMC President from 2019-2020.

General (Retired) Larry Spencer, USAF

General Spencer served as a military leader throughout his Air Force career. His last assignment was as the Vice Chief of Staff of the US Air Force, Pentagon, Washington, DC. In this capacity, Spencer was the second highest-ranking military member in the Air Force. He is the only Air Force officer with a primary career area of financial management to be promoted to four stars.

General Spencer has Air Force awards named after him: The Air Force General Larry Spencer Innovation Award and the Air Force General Larry Spencer Special Acts and Services Award. He is also a Distinguished Senior Fellow of Fels Institute of Government, University of Pennsylvania. General Spencer is the author of the book, The Green Eyeshades of War, a historical review of financial management during war, published in 2016 and the book, Dark Horse, General Larry O. Spencer and His Journey from the Horseshoe to the Pentagon, published in 2021.