Smith+Nephew CFO John Rogers to Step Down
Smith+Nephew announced that finance chief John Rogers will step down at the end of September to take an external position in the United States. Pierre Palassian will serve as interim CFO while the company searches for a permanent replacement.
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SMITH & NEPHEW PLC finance chief John Rogers will step down at the end of September to take an external role in the United States, ending a two-and-a-half-year tenure. The departure follows a lowered annual revenue growth forecast issued by the United Kingdom-based medical products maker weeks ago. Investors are tracking executive changes as the firm navigates soft demand for joint implants.
