# Smith & Nephew appoints two new independent Non-Executive Directors

- Link: https://www.directorstalkinterviews.com/smith-nephew-appoints-two-new-independent-non-executive-directors/4121127214
- Published: 2023-09-14T07:14:54+01:00
- Author: Amilia Stone

**Smith & Nephew plc** (LON:SN, NYSE: SNN), the global medical technology company,
has announced the following Board appointments.

The Company is pleased to announce that Jeremy (Jez) Maiden and Simon Lowth will
be joining the Board as independent Non-Executive Directors. Jez joins today and
will serve as a member of the Audit Committee and Remuneration Committee. Simon 
will join on 1 January 2024 and will serve as a member of the Audit Committee and
Nomination & Governance Committee.

Additionally, Rupert Soames will, as planned, assume the role as Chair of the Board
on 15 September, in succession to Roberto Quarta. Rupert has also been appointed
as Chair of the Nomination & Governance Committee and will continue to serve on 
the Remuneration Committee.

Jez Maiden has extensive global financial experience across a diverse range of industries
and sectors. He retired earlier this year as Group Finance Director at Croda International,
the FTSE-100 global speciality chemicals company, and before that held similar roles
at National Express Group and Northern Foods. He is currently Senior Independent
Director at Travis Perkins plc and a Non-Executive Director and member of the Audit
Committee at [Intertek Group plc](https://www.directorstalkinterviews.com/ftse-company/intertek-group/itrk.l).
Previously, he served as the Senior Independent Director at Synthomer and at both
PZ Cussons and Synthomer he chaired the Audit Committee and served on the Remuneration
Committee. He is a fellow of the Chartered Institute of Management Accountants.

Simon Lowth has deep experience in finance, accounting, risk, corporate strategy
as well as mergers and acquisitions. He currently serves as Group Chief Financial
officer of BT Group, a role he has held since 2016 and previously performed the 
same role at BG Group, AstraZeneca and Scottish Power. Before joining Scottish Power,
he led the Industrial Practice of McKinsey in the UK and has a background in engineering.
He previously served as a Non-Executive Director on the Board of Standard Chartered.
He currently holds no additional external appointments.

> **Rupert Soames commented:**
> “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.
> “Simon brings a wealth of expertise across a wide range of sectors, including 
> within regulated industries. Having served as the CFO in four FTSE-100 companies,
> including AstraZeneca and, currently, BT, he has deep experience of capital markets,
> implementing strategic change, cost transformation and performance improvement
> programmes as well as understanding how technology can be used to transform a 
> business, all of which will be very helpful to the Board.
> “Jez brings more than 15 years of experience both as a FTSE Chief Financial Officer
> and as a Non-Executive Director in businesses involved in manufacturing, science
> and technology and will be a valuable addition to the Board and its Committees.
> “Finally, I want to pay tribute to my predecessor Roberto Quarta who has delivered
> great service to the Company since taking over as Chair of Smith & Nephew in 2014.
> He has shown immense diligence and skill leading the Board and helping to navigate
> the company through challenging times; my colleagues on the Board and across the
> business are grateful for his leadership and commitment.”

No disclosure obligations arise under paragraphs (1) to (6) of LR 9.6.13 R of the
UK Listing Authority’s Listing Rules in respect of the two new appointments. In 
line with current Non-Executive Directors, Jez Maiden and Simon Lowth will each 
be paid annual fees of £69,500, of which £6,500 will be paid in Smith+Nephew shares.

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