Smith will replace Douglas N. Benham, who will serve as a consultant during a transition period.
Most recently, Smith was president and CEO of American Golf Corp. and National Golf Properties. Prior, Smith was president and CEO of Arby's Restaurant Group's predecessor, Arby's Inc., from February 1997 to April 1999. At Arby's Inc., Smith led a restructuring and helped in the marketing rejuvenation of the Arby's brand.
Benham was president and CEO of Arby's since January 2004. Prior to joining Arby's, Benham was the chief financial officer of RTM.