Industry & Services >> CEO Interviews >> September 24, 2002

Wade Smith – Wellspring International Inc

WADE W. SMITH is Chief Executive Officer of Wellspring International, Inc. As a senior executive within American Standard Companies, Mr. Smith developed a high profile track record in business turnarounds and process re-engineering. As the general manager of Trane's International Business Development and American Standard's flagship 'U.S. Plumbing Products,' Mr. Smith demonstrated his management skills in both high technology capital equipment and building/consumer products. His successful turnaround of two Fortune 100 company divisions grew from development of clear strategic plans to create competitive advantage, an ability to leverage talent and inspire hard work, and a hands-on management style. Mr. Smith is a licensed professional engineer with an Environmental Engineering degree from the University of Wisconsin. Additionally, Mr. Smith has a business-to-business marketing background, and nine years' general management experience in international residential air conditioning, building control, performance contracting and plumbing products businesses. His capabilities span all disciplines and he does not hesitate to roll up his sleeves when needed. His assignments have always involved strategy development, business development and business turnarounds. Mr. Smith's 29 years' experience includes the specific industry and activities Wellspring is pursuing. He knows this business and this industry intimately, and brings with him a large network of potential allies, employees and customers. Profile
TWST: Could you start us off with a short background summary of

Wellspring International?

Mr. Smith: We are in the utility sub-metering business with a

focus on multifamily residential