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Biographical Sketch
Walter F. Spence
Born in 1926 on Rocky Bayou, he graduated from Niceville High School in 1944, then studied pre-
engineering, mathematics, physics and chemistry at Tulane from 1946-1950, and took advanced
courses in probability theory, sampling and statistics at the University of Florida. He went on to study
infrared radiation physics and its applications at MIT.
In 1950 he was employed as a civilian engineer by the Air Force at Eglin in the Physical Science
Division and the Target Development Branch. In 1963 he joined defense contractor, Hayes
International Corp., in Birmingham, AL where he became Corporate Director of Plans and Assistant to
the Executive Vice-President.
Mr. Spence returned to the Gulf Coast in 1973 to found Spence Brothers Properties, Inc., a family
owned commercial real estate holding company, of which he is still President. He also helped operate
Spence Bros. Fish Co. and Spence Bros. Ice Co. during the 1970's and 80's, and owned a trucking
company, Southern Express. He continues to work in defense contracting as an active consultant; first
for Sperry, and more recently for Honeywell.
Community service/involvement includes:
• President of the Niceville/Valparaiso Chamber of Commerce in 1975 and 1976.
• Original organizer of the Annual Boggy Bayou Mullet Festival, which facilitated the
relationship between the 33rd FW Nomads resulting in substantial fund raising results for
Nomad Association.
• Devoted considerable attention to economic development, transportation, and environmental
issues in N/W Fla.
• Served as Chairman of Okaloosa County's Overall Development Plan (OEDP).
• Was appointed by Gov. Graham, in 1984, to the Regional 380 Committee, the group that
formulated the basis for every comprehensive plan now in place with local governments in
Okaloosa and Walton Counties.
• Spearheaded the effort to fund the comprehensive environmental studies of Choctawhatchee
Bay.
• Was the driving force behind the establishment of the Mid-Bay Bridge Authority, and served
two terms as its Treasurer.
• Served on the Boards of both the NW FL Water Management District and the NW Fl Regional
Planning Council.
• Appointed by Gov. Martinez in 1989 to the Governor's Commission of the Future of Florida's
Environment.
• Assisted in crafting the initiative creating the Florida Forever Program to preserve
environmentally important Florida habitat.
• Serves as Vice President for Development of the Air Force Armament Museum Foundation
• Is a member of the Okaloosa-Walton Metropolitan Planning Organization
• Is a member of the Okaloosa County's Defense Support Initiative group.
• Has received numerous promotions, commendations and awards.
