14th Sep 2023 08:25
(Alliance News) - Smith & Nephew PLC on Thursday announced that BT Group PLC's chief financial officer, Simon Lowth, will join the board as independent non-executive director on January 1.
Prior to BT, Lowth was CFO of BG Group - now part of Shell PLC - AstraZeneca PLC, and Scottish Power.
In addition, Jez Maiden, who retired as finance director at Yorkshire-based chemicals firm Croda International PLC earlier this year, joins Hertfordshire-based medical technology company Smith & Nephew as an independent non-executive director on Thursday.
S&N also confirmed Rupert Soames will join as chair on Friday as planned.
Incoming Chair Soames said: "We are delighted to be able to announce two such strong appointments to our board. Simon and Jez bring deep executive and non-executive experience of serving on boards of companies which have had to address strategic and operational challenges across a number of different industries, including life-sciences and healthcare. They both have experience of supervising large operations in the US, Europe and Asia and of working in highly-regulated industries."
Smith & Nephew shares were 0.6% lower at 1,061.50 pence each on Thursday morning in London.
By Tom Budszus, Alliance News reporter
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