Smiths Group (“Smiths” or “Group”) today announces that Chris O’Shea, Chief Financial Officer, is stepping down from the Smiths Board to pursue his career outside the Group. With immediate effect, Bill Seeger, Non-Executive Director and Chair of the Audit Committee, assumes the role of Interim Chief Financial Officer.
Chris will continue to be available, as necessary, for a period of up to 6 months to ensure a smooth handover. Mark Seligman, Non-Executive Director, becomes Chair of the Audit Committee.
Bill Seeger joined Smiths in May 2014 as a Non-Executive Director and has chaired the Audit Committee for almost three years. He was previously Finance Director of GKN plc.
The Board has now commenced a search for Chris O’Shea’s successor.
Andy Reynolds Smith, Chief Executive Officer, said: “I want to express my thanks to Chris for his support and contribution to the strengthening of the Smiths platform for future growth. I wish him every success in the future.”
Smiths current trading and outlook remain in line with previous guidance.
There is no further information required to be disclosed pursuant to LR 9.6.13.