Last checked at 14 Jan 2016 07:06
News Release
London, 14 January 2016
For immediate release
JOHN CRANE MANAGEMENT CHANGE
Smiths Group plc today announces that Duncan Gillis, President of John Crane, is leaving the Group.
The process to appoint a replacement is underway. Tedd Smith, currently President of Flex-Tek, will assume responsibility as Interim President of John Crane with immediate effect. Pat McCaffrey, currently Chief Operations Officer at Flex-Tek, will assume responsibility as Interim President of Flex-Tek.
Chief Executive Andy Reynolds Smith said, "I would like to thank Duncan for his contribution to Smiths Group since he joined three years ago and, in particular, for his support to me during my initial integration into Smiths. We have mutually agreed that now is an appropriate time for Duncan to pursue his career outside the Group, and I wish him every success."
Current trading for Smiths Group and John Crane is in line with expectations.
ENDS
This press release contains certain forward-looking statements with respect to the operations, performance and financial condition of the Group. By their nature, these statements involve uncertainty since future events and circumstances can cause results and developments to differ materially from those anticipated. The forward-looking statements reflect knowledge and information available at the date of preparation of the press release and the Company undertakes no obligation to update these forward-looking statements. Nothing in this press release should be construed as a profit forecast.
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Smiths Group
Smiths is a global technology company listed on the London Stock Exchange (SMIN) and operates a sponsored level one ADR programme (SMGZY). A world leader in the practical application of advanced technologies, Smiths Group delivers products and services for the threat & contraband detection, medical devices, energy and communications markets worldwide. Our products and services make the world safer, healthier and more productive. Smiths Group employs around 23,000 people in over 50 countries. For more information visit www.smiths.com.