Walter Smith, founder of Newton-based manufacturing company Thombert Inc., is the winner of the Leadership for Iowa Award, given by the Iowa Association of Business and Industry Foundation and Leadership Iowa. Smith was a member of Leadership Iowa's inaugural class in 1982-83 and served as the first chairman of the Leadership Iowa board of governors. The award is given annually to an alumnus of the program who has shown a demonstrated commitment to serve the state. Leadership Iowa is an Association of Business and Industry program designed to foster a high level of civic engagement in the state's emerging leaders.