Smith & Associates Appoints Jason C. Fowler as Chief Financial Officer
Fowler brings years of experience to overseeing Smith’s financial operations
(HOUSTON, TEXAS) June 13, 2016 - Smith & Associates, the largest independent distributor of electronic components, today announces the appointment of Jason C. Fowler to the role of Chief Financial Officer. In this position, Fowler will oversee Smith & Associates’ global financial operations as the company expands its services and worldwide reach.
Before joining the company, Fowler spent most of his career at Guaranty Bank and then Texas Capital Bank in Houston. Last year, Jason took on the role of Senior Vice President in Texas Capital’s Energy Banking Group. He earned his Bachelor of Business Administration, Finance from Texas Tech University and began his banking career at Guaranty Bank in 2001. Fowler brings a total of fifteen years of commercial banking experience to his new role at Smith.
Fowler is stepping into this role to succeed Smith & Associates’ current CFO, Michael Weaber, who will be retiring later in the year. Weaber has provided seven years of service and support to Smith and the Smith family of companies, and will offer guidance to Fowler in his new role to ensure a smooth transition of the CFO responsibilities. Weaber will continue as CFO of Valid Management, Smith’s general partner, until his retirement.
“Since he joined our executive leadership team in 2009, Mike has offered stable guidance and leadership of our financial operations, and has helped Smith grow,” said Bob Ackerley, co-founder of Smith & Associates. “We thank him for his years of service, and now we look forward to continuing to grow and evolve with Jason’s influence and input.”
“Smith’s strong financial foundation is one of the reasons we have been a trustworthy, stable partner to customers around the world for more than three decades,” said Leland Ackerley, co-founder of Smith & Associates. “With his ability, character, and knowledge of Smith’s business, Jason is the perfect addition to our senior management to help push Smith to even further growth. We look forward to seeing what we can achieve with him on the Smith team.”
About Smith & Associates
Founded in 1984, Smith & Associates is a global distributor of semiconductors and electronic components and a trusted provider of efficiency-enhancing supply chain services to electronics and high-tech manufacturers. Smith’s investment in advanced in-house labs, a highly trained professional team, and strategically located global support centers offers our partners complete sourcing and inventory management solutions.
A privately held company, Smith & Associates employs more than 400 people worldwide, with over $500 million in sales annually. Smith's regional hubs in Houston, Hong Kong, and Amsterdam are ISO-certified. In addition, sales and purchasing offices are located in Austin, Silicon Valley, Guadalajara, New York, Shanghai, Shenzhen, Seoul, Taipei, Penang, and Bangalore. For more information, see http://www.smithweb.com/ or, to reach a Smith representative 24 hours a day, please call: 1.800.HOUSTON or +1 713.430.3000.
For more information, contact:
Smith & Associates, V.P. of Marketing