(BRK.A), (BRK.B)
Glenn Smith, President and CEO of Berkshire Hathaway’s Mouser Electronics, has been named 2019’s Top Public CEO by Fort Worth Business Press. The prestigious award was presented at a luncheon August 28 at Fort Worth’s River Crest Country Club.
Smith has been a recognized leader in the North Texas business community since 2004, when he was elevated to his position as President and Chief Executive Officer of Mouser Electronics, a global industry leader that inspires innovation by offering the widest and newest selection of semiconductors and electronic components.
While still a college student, Smith joined the company as a part-time warehouse employee in 1973 when Mouser was essentially a startup operation in San Diego, Calif. Smith rose through the ranks, working in nearly all departments in multiple management roles. Smith’s leadership and tenure has seen Mouser grow from a small distribution company to one of the world’s largest electronic component distributors, with more than 2,500 employees in 26 offices worldwide and nearly $2 billion in annual sales. Acquired in 2000 by Fort Worth-based TTI, Inc., Mouser is one of the TTI family of companies and an industry leader in the successful portfolio of Berkshire Hathaway companies.
Smith learned early on about the importance of hard work, attention to detail and giving the customer a great experience. That focus remains key to the company’s mission.
“It is a great honor to receive this award, and I thank the Fort Worth Business Press as well as all of the Mouser employees who contribute every day to give our customers a best-in-class experience,” Smith stated. “I’d also like to acknowledge our wonderful customers and suppliers. Stocking the widest selection of the newest products from our supplier partners reinforces our commitment to our customers to be a single source for all the components and tools necessary for the electronic design process. There’s a lot of teamwork involved in our business success.”
Smith has served for years as a member of the Board of Directors of the Electronic Components Industry Association (ECIA), working to protect the authorized supply chain of electronic components. In 2011, he received the Distinguished Service Award from the ECIA for leading the rapid launch of the ECIA inventory search website, www.eciaauthorized.com. Smith currently serves on the Distribution Council for ECIA.
© 2019 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.