About
David B. Smith, Jr. has served as Executive Vice President for Policy and Legal Affairs and General Counsel of Mutual Fund Directors Forum since 2005. He has been an ITW director since 2009, chairs the Finance Committee, and serves on the Audit and Executive Committees.
He earlier held several positions of increasing responsibility at the Securities and Exchange Commission from 1996 to 2005, serving as Associate Director, Division of Investment Management, from 2001 to 2005.
Roles
Illinois Tool Works Inc.
Director · Current role
2009–present
Mutual Fund Directors Forum
Executive Vice President for Policy and Legal Affairs and General Counsel · Since 2005.
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U.S. Securities and Exchange Commission
Associate Director, Division of Investment Management · Held several positions of increasing responsibility at the SEC from 1996 to 2005.
2001-2005
External Roles
Northern Trust Corporation
Chair of the Audit Committee; member of the Risk and Executive Committees
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Director Compensation
FY 2025
Fees earned or paid in cash
$155,000
All other compensation
$15,000
Also at Illinois Tool Works Inc.