Spartanburg-based J M Smith Corp. on Wednesday announced two executive appointments.
The company said its board confirmed Philip J. Ryan III as chief financial officer and treasurer. Ryan will succeed James “Jimmy” C. Wilson Jr., who will retire Oct. 1 after 30 years with the company.
Kevin Welch, president of J M Smith Corp.’s Integra LTC Solutions division, will maintain his existing role and assume the new role as J M Smith’s chief technology officer.
“These appointments are significant steps on the path towards leadership excellence and operational excellence,” said Alan Turfe, chairman and CEO of J M Smith Corp., in a statement. “Both Phil and Kevin are highly respected experts in their fields. Their passion for our organization and their vision for moving it forward are impressive. I am looking forward to working with them in their expanded roles.”
According to Grant Thornton’s South Carolina 100 list, J M Smith Corp. is the third largest privately held company in South Carolina behind No. 1 ranked Spartanburg-based Milliken & Co. and Intertech Group Inc. and Affiliates.
The company provides supply services and technology to pharmacies, institutions, local government agencies, and businesses across the U.S. through its affiliates—Smith Drug Co., Integral Solutions Group, RxMedic Systems, QS/1, Integra LTC Solutions, and Burlington Drug Co.
Wilson joined J M Smith Corp. in 1987, serving first as controller before being named treasurer and then CFO.
“The board of directors and I also greatly appreciate the years of service Jimmy Wilson has given to the company and wish him all the best in his retirement,” Turfe said. “Jimmy will continue in his role on the J M Smith Foundation board, and he and his wife, Judy, will continue their volunteer work in the community. Not only are Judy and Jimmy pillars in our community, but they have become dear friends to me and my family. Their kind, giving spirits are an inspiration to us all.”
Paula Harper Bethea, governance committee chairwoman for J M Smith Corp.’s board, said Wilson has been integral to the company’s success throughout the years.
“His intellect, insights and character have been invaluable to the company and to those of us who have served with him and learned from him,” Bethea said in a statement. “He is a remarkable gentleman and we shall miss him greatly.”
Ryan will be responsible for the finances of each of the company’s affiliates and corporation as a whole. Vice presidents of finance for each of J M Smith Corp.’s companies will report to him.
The company said Ryan joined J M Smith Corp. in 2011 after a successful career with Sealed Air Corp.
During his tenure at J M Smith, Ryan was a key member of a team that handled the acquisitions of Radiate in Charleston, Integra, and Burlington Drug Co.
He earned a Bachelor of Science degree from Lehigh University and a Master of Business Administration degree from New York University. Ryan is also a certified public accountant.
Welch will oversee the development of new technology within J M Smith Corp. and be responsible for streamlining the process of bringing technology to market.
He became part of J M Smith when the company acquired Integra in 2015.
Welch has earned degrees in mathematics, computer science, operations research, and engineering management from Stanford University. He has held senior management positions at Genentech, Symantec, and Microsoft.
J M Smith Corp. said Welch has designed and developed many industry leading software applications and systems.
“J M Smith Corp. has a long history of providing innovative technology to the market,” Welch said, in a statement. “The role of a CTO is to ensure that we are positioned to continue to have a technological edge. I am looking forward to this new challenge.”
For more information, visit: www.jmsmithcorp.com.