December 7, 2009 (FinancialWire) — Illinois Tool Works Inc. (NYSE: ITW) has named David B. Smith, Jr. to ITW’s board. Smith is the executive vice president for Policy & Legal Affairs and General Counsel at the Mutual Fund directors Forum in Washington DC.

Previously, Smith held several positions at the Securities and Exchange Commission including Associate director of the Division of Investment Management.

Smith’s election comes prior to the planned retirement of his uncle, Harold B. Smith, in May 2010. The Smith family founded ITW in 1912. Harold B. Smith is a retired officer of the company and has served as a Board member since 1968.

– Illinois Tool Works is a manufacturer of a range of industrial products and equipment. The company consists of 895 business units in 54 countries and employs some 59,000 people.

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