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H. D. Smith Appoints Bill Williams Chief Financial Officer


3/14/2012 10:29:00 AM

SPRINGFIELD, Ill., March 14, 2012 /PRNewswire/ -- H. D. Smith, among the nation's largest pharmaceutical wholesalers, today announced the appointment of Bill Williams as company-wide chief financial officer (CFO). Mr. Williams, who served recently as the Company's interim CFO, will report to chairman and chief executive Dale Smith, and joins the executive leadership committee. The appointment is effective immediately.

(Photo: http://photos.prnewswire.com/prnh/20120314/NY69737 )

"Bill has brought perspective to this pharmaceutical wholesale enterprise that elevates our customer excellence and accelerates our growth plan," said Dale Smith, chairman and CEO, H. D. Smith. "Best practices shared from many Fortune 500 companies are quickly becoming part of our working culture and Bill's ideas and abilities are making a significant impact," he added.

Mr. Williams comes to H. D. Smith from Tatum LLC, a leading national firm specializing in interim executive staffing. In this capacity, he served as a partner in the Tatum Chicago office. During his career, Mr. Williams has served in financial oversight roles at multiple Fortune 500 companies including Kraft Foods, Allied Signal and Martin Brower Company (the largest McDonald's Corporation distributor in the Americas).

"H. D. Smith is at the heart of supporting our nation's health and wellness through an extensive partnership with community and institutional pharmacy," noted Bill Williams, chief financial officer, H. D. Smith. "What sets this company apart is an appreciation that exceptional service and strong operations must be matched by an equally exceptional commitment to listening to the customer and meeting their needs."

Mr. Williams has served in varied executive positions including Senior Vice President, Chief Financial Officer, Chief Operating Officer and management consultant in chemicals, distribution, automotive, consumer products and technology companies. His combination of operations, manufacturing and financial management experiences provide unique understanding to the health products wholesale and distribution industry.

Mr. Williams received his JD from DePaul University (where he is completing his LLM in International Law). He earned his MBA from University of Chicago Booth School of Business with a specialization in Finance; and his undergraduate degree is in business and CPA from Northern Illinois University.

About H. D. Smith

Headquartered in Springfield, Illinois, H. D. Smith is among the largest national full-line, full-service wholesalers providing a complete line of pharmaceuticals, OTCs, HBAs, home healthcare products, durable medical equipment, seasonal merchandise and a wide array of marketing programs to retail pharmacies, regional chains and health systems. The company has distribution facilities in California, Florida, Kentucky, Illinois, New Hampshire, New Jersey and Texas that service major markets throughout the United States. Additional information about H. D. Smith can be found at hdsmith.com.

Contact:

Allison Worrell
H. D. Smith
Marketing Communications Manager
217-753-1688
aworrell@hdsmith.com

Mark Marmur
Makovsky + Company, Inc.
Assistant Vice President
212-508-9670
mmarmur@makovsky.com

SOURCE H. D. Smith



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