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Joshua Isaac Smith (born April 8, 1941) is an American businessman and former chairperson of the Commission on Minority Business Development.


Biography

Joshua Isaac Smith was born on April 8, 1941, in
Garrard County Garrard County ( ;) is a county located in the Bluegrass Region of Kentucky. As of the 2020 U.S. Census, the county's population was 16,953. Its county seat is Lancaster. The county was formed in 1796 and was named for James Garrard, Governor o ...
,
Kentucky Kentucky ( , ), officially the Commonwealth of Kentucky, is a state in the Southeastern region of the United States and one of the states of the Upper South. It borders Illinois, Indiana, and Ohio to the north; West Virginia and Virginia to ...
. Growing up in
Loveland, Ohio Loveland is a city in Hamilton, Clermont, and Warren counties in the southwestern part of the U.S. state of Ohio. Considered part of the Greater Cincinnati area, Loveland is located near exit 52 off Interstate 275, about northeast of the Cinc ...
, he graduated from Loveland High School in 1959. He earned a
Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of ...
degree from
Central State University Central State University (CSU) is a public, historically black land-grant university in Wilberforce, Ohio. It is a member-school of the Thurgood Marshall College Fund. Established by the state legislature in 1887 as a two-year program for te ...
in
Wilberforce, Ohio Wilberforce is a census-designated place (CDP) in Greene County, Ohio, United States. The population was 2,271 at the 2010 census, up from 1,579 at the 2000 census. History After Wilberforce College was established in 1856, the community was a ...
in 1963. He worked as a high school biology teacher in
Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
, for a short time, and taught biology and chemistry at the
University of Akron The University of Akron is a public research university in Akron, Ohio. It is part of the University System of Ohio. As a STEM-focused institution, it focuses on industries such as polymers, advanced materials, and engineering. It is classified ...
, where he also studied law. In 1969, he became a manager at the New York division of
Plenum Publishing Corporation Springer Science+Business Media, commonly known as Springer, is a German multinational publishing company of books, e-books and peer-reviewed journals in science, humanities, technical and medical (STM) publishing. Originally founded in 1842 i ...
. He served as an executive director of
American Society for Information Science The Association for Information Science and Technology (ASIS&T) is a nonprofit membership organization for information professionals that sponsors an annual conference as well as several serial publications, including the ''Journal of the Associ ...
from 1973 to 1977. Smith attended management courses at the
University of Delaware The University of Delaware (colloquially UD or Delaware) is a public land-grant research university located in Newark, Delaware. UD is the largest university in Delaware. It offers three associate's programs, 148 bachelor's programs, 121 mas ...
and
Central Michigan University Central Michigan University (CMU) is a public research university in Mount Pleasant, Michigan. Established in 1892 as the Central Michigan Normal School and Business Institute, the private normal school became a state institution and renamed Cen ...
. He founded the computer firm Maxima Corp in 1978, following the breakup of his first marriage. By 1993 the company had revenues over and had been ranked by ''
Black Enterprise ''Black Enterprise'' is a black-owned multimedia company. Since the 1970s, its flagship product ''Black Enterprise'' magazine has covered African-American businesses with a readership of 3.7 million. The company was founded in 1970 by Earl G ...
'' magazine at number 33 in its list of minority businesses. In 1996 the company had expanded to operate in 14 US states, employing 800 members of staff. Smith serves as a trustee on a number of boards, and has been a strong advocate for black entrepreneurship. According to ''Jet'' magazine, Smith became the "leading spokesman for Black businessmen under the Reagan and Bush eorge Hadministrations". In 1989, he was appointed by President
George H. W. Bush George Herbert Walker BushSince around 2000, he has been usually called George H. W. Bush, Bush Senior, Bush 41 or Bush the Elder to distinguish him from his eldest son, George W. Bush, who served as the 43rd president from 2001 to 2009; pr ...
to be the chair of the Commission on Minority Business Development. Smith's recommendations for improving the lot of small businesses from minority groups were largely ignored by the President. The company filed for bankruptcy protection in 1998, largely the result of expensive litigation between the company and Smith's son. Smith Sr. had sacked his son as vice president in 1993. In 2003 Smith was appointed chairperson of the State of Maryland's Task Force on Minority Business Reform, advancing to serve as an advisor to the Maryland Governor's Commission on Minority Business Reform. Smith serves as chairman and managing partner of the Coaching Group, a position he has held since 1998. Other directorships include CardioComm Solutions Inc.,
Caterpillar Inc. Caterpillar Inc. (stock symbol CAT) is an American ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer. In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fo ...
, Federal Express Corporation and The
Allstate The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993 but still partially owned by S ...
Corporation. Smith has been a director of Caterpillar since 1993.Datawind profile
. Retrieved 7 April 2009

7 April 2009.
In 2008, Smith launched a weekly radio show ''Biz Talk with Josh Smith'', which ran on
CBS Radio CBS Radio was a radio broadcasting company and radio network operator owned by CBS Corporation and founded in 1928, with consolidated radio station groups owned by CBS and Westinghouse Broadcasting/Group W since the 1920s, and Infinity Broadc ...
in Washington, D.C. Smith was named distinguished alumnus by Loveland Schools Foundation in 2012. In March 2014, Smith donated to his alma mater Central State University. In October 2014, the university renamed one of its buildings to Joshua I. Smith Center for Education and Natural Sciences to honor Smith. In November 2014, Smith received the
Thurgood Marshall College Fund The Thurgood Marshall College Fund (TMCF) is an American non-profit organization that supports and represents nearly 300,000 students attending its 47 member-schools that include public historically black colleges and universities (HBCUs), medic ...
HBCU Alumnus of the Year award at the 26th TMCF Awards Gala. Smith has been married to his wife
Reverend The Reverend is an style (manner of address), honorific style most often placed before the names of Christian clergy and Minister of religion, ministers. There are sometimes differences in the way the style is used in different countries and c ...
Jacqueline Jones-Smith since 1979, and lives in Washington, D.C.


References


External links

* {{DEFAULTSORT:Smith, Joshua I Caterpillar Inc. people Living people 1941 births African-American businesspeople American businesspeople Central State University alumni People from Loveland, Ohio Ohio Republicans Maryland Republicans 21st-century African-American people 20th-century African-American people