Drew Industries Inc., parent to supplier Lippert Components Inc., today (Aug. 28) announced that David M. Smith will be joining the company as CFO, succeeding Joseph S. Giordano III who served in that role since 2008.
According to a news release, the transition is the result of a comprehensive search initiated by the company in April 2015. Giordano will continue with Drew for an interim period to ensure an orderly transition.
Smith, 52, has served for the past 10 years as senior vice president and CFO of Key Safety Systems Inc. (KSS), a global leader in the system integration and performance of safety-critical components to the automotive and non-automotive markets. Commencing in 2009, Smith added the role of president of the company’s Specialty Products business, serving both roles concurrently. Prior to his tenure at KSS, he served as CFO at Key Plastics LLC, a tier one global supplier of automotive components. Smith’s career spans 30 years, during which he has held several executive and leadership positions in finance and accounting.
In his role as Drew CFO, Smith will lead the company’s finance functions, as well as manage relationships with shareholders, analysts and other key stakeholders.
“We are delighted to welcome David to Drew Industries,” said CEO Jason Lippert. “We are committed to building on the success we’ve delivered over the past several years, and David’s experience, energy and leadership skills will help lead the company through its next phase of growth, as well as help play a key role in our strategic direction.”