Last checked at 2 Apr 2014 07:00
News Release
London, 2 April 2014
For immediate release
Smiths Appoints Group Strategy Director
Smiths Group plc announces the appointment of Silvio Bracone as Group Strategy Director, effective immediately, to succeed Mark Reckitt who is leaving to focus on his expanding portfolio of non-executive roles.
A former executive at Danaher and the Boston Consulting Group, Bracone is a 48-year-old Swiss-Italian with wide international and multi-industry experience, particularly in the medical and industrial sectors.
Philip Bowman, Chief Executive of Smiths Group, said: "Silvio has led a series of top-level strategic and operational initiatives - from cost restructuring and product development to acquisitions and post-merger integration. His strong commercial focus and diversified industrial experience should prove invaluable as we drive further revenue growth and improve returns.
"I would also like to thank Mark for his contribution both at a group level and, more recently, as President of our Interconnect division, a challenging dual role which he carried off with considerable success. I wish him well for the future."
Roland Carter, currently head of the Connectors business unit of Smiths Interconnect, will take over as Interim Divisional President with immediate effect until a permanent appointment is made. Mark will leave the Group at the end of April after a handover period.
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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