Mr. Smith joined the Chicago office of what is now known as KPMG Peat Marwick in 1964. He was elected to the firm's partnership seven years later and transferred to its Houston office in 1978 to head the tax department.
He was named vice chairman-tax in 1987 and is responsible for all policy matters related to the tax practice. A member of the firm's board of directors, he is also an active member of the Tax Foundation and the American Accounting Association.