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C-Level: Smith & Wesson Names Finance Chief

December 23, 2010 (FinancialWire) (http://www.financialwire.net/) — Firearms maker Smith & Wesson Holding Corp. (SWHC – NASDAQ) has named Jeffrey D. Buchanan as executive vice president, chief financial officer and treasurer.

Buchanan has been a member of the company's board of directors and chairman of its audit committee since 2004.    

He was most recently an attorney in the Phoenix office of Ballard Spahr, LLP, a national law firm based in Philadelphia, Pennsylvania. Prior to Ballard Spahr, Buchanan was an investment banker and helped found and manage Alare Capital Securities LLC.

Effective with the appointment on January 3, 2011, Buchanan resigns his position as a member of the Smith & Wesson board. I. Marie Wadecki, currently a member of the board, will join the compensation committee and Barry M. Monheit, chairman, will assume the role of interim audit committee chair while a search will begin for a new audit committee chair.

Massachusetts-based Smith & Wesson is a provider of products and services for safety, security, protection, and sport. The company offers a portfolio of firearms and related training to the military, law enforcement, and sports markets, and designs and constructs facility perimeter security solutions for military and commercial applications.  

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