Piper Jaffray Companies announced that Sherry M. Smith joined its board of directors, effective immediately. Most recently, Smith was the executive vice president and chief financial officer of SUPERVALU, INC. where she also held the role of vice president, senior vice president of finance and corporate controller from 1998 to 2002 and treasurer from 2002 to 2005. She is currently an independent director at both Deere & Company and Tuesday Morning Corporation along with a committee member at Realogy Holdings Corp.