Press Releases


Denien Rasmussen Promoted to Chief Operating Officer

NEWS RELEASE

May 12, 2006

RW Smith today announced the promotion of Denien Rasmussen to the position of Chief Operating Officer. Ms. Rasmussen’s appointment is effective immediately.

As Chief Operating Officer, Ms. Rasmussen will work closely with the President and Chief Executive Officer in overseeing the management and operation of RW Smith. In her role as Chief Operating Officer, Ms. Rasmussen will lead RW Smith’s operations by directing and coordinating activities consistent with established goals, objectives and policies. Responsibilities will also include managing the implementation of business development, operational and technology programs to ensure attainment of business plan growth and profit.

“I’m delighted to announce Denien’s appointment to chief operating officer,” said Paige Pierce, president and chief executive officer of RW Smith. “Denien’s leadership and contributions as Executive Committee Director and senior broker have been exceptional, and her assumption of the Chief Operating Officer role is a natural consequence of the outstanding, and expanding, operational leadership that she has provided since joining RW Smith. Denien has gained the respect and confidence of our entire production and leadership team, as well as our national client base. I look forward to her continued contributions in her new role as Chief Operating Officer in implementing and managing the growth opportunities ahead of us.”

Rasmussen joined the RW Smith trading desk as a broker’s broker in 1986 from J.F. Hartfield where she gained in-depth experience in all aspects of inter-dealer brokering.  Over the next two decades, she accumulated experience in senior leadership positions at RW Smith, including a permanent position on the Executive Committee. Ms. Rasmussen has helped drive RW Smith’s operational activities, including trading, technology development and business systems over the past twenty years and will now oversee operational objectives, special projects and new business opportunities to help realize current and future goals of RW Smith.