The Davis Sewing Machine Co., Huffy’s predecessor, moved from New York to Dayton in 1892 before the manufacturer found its stride as a bicycle maker in the 1930s.
Smith had been marketing chief, president of Huffy Bicycle Co. and chief merchandising officer of Huffy Corp., among other roles.
Last summer, after the company moved to its new home in Miami Township on Gander Creek Drive, Smith said the company was evolving to stay ahead of a changing market, as brick-and-mortar retail shopping habits change, families get smaller and children play outside less.
While at the helm, Smith helped Huffy adapt to a changing world and launch new initiatives to fit into an e-commerce environment.
He said that while the company kept a low profile after its bankruptcy in 2005, the brand was growing, hiring and innovating.
"We feel we are carrying on the Huffman legacy," Smith said at the time, referring to the company's founding family. "There is a history to this company that is tangible. And it's local. And it resonates with people."