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Smiths Group chief likely to step down next year
Chief Executive Andy Reynolds Smith will likely step down next year after a de-merger of its medical unit, the Sunday Times reported.
Reynolds Smith has been under pressure from investors since the British engineer’s planned merger with U.S.-based ICU Medical (ICUI.O) fell off in September as both the companies failed to agree on terms, the report said.
In March, Smiths Group had announced the listing of its healthcare business, which makes respiratory devices and catheters, as it focuses on industrial technology services.
Smiths Group did not immediately respond to a request for comment.
https://uk.reuters.com/article/uk-smiths-group-ceo/smiths-group-chief-likely-to-step-down-next-year-report-idUKKBN1YX014
Smiths Group
Smiths Group plc (LSE: SMIN) is a British multinational diversified engineering business headquartered in London, United Kingdom. It has operations in over 50 countries and employs around 23,550 staff.
Smiths Group has five divisions. Smiths Detection is the world's largest manufacturer of sensors for the detection of explosives, weapons, chemical agents, biohazards, narcotics and contraband. John Crane is a manufacturer of seals and associated products for the process industries. Smiths Medical is a manufacturer and supplier of specialty medical devices and equipment. Smiths Interconnect is a manufacturer of electronic and radio frequency components. Flex-Tek is a supplier of components to heat and move fluids and gases.
Smiths Group is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
The watch chronometer and instrument retailer's business was established by Samuel Smith as a jewellery shop at 12 Newington Causeway in south east London in 1851. The firm moved the centre of its operations to 85 The Strand in 1872, next door to the premises of Charles Frodsham. A large business operating as diamond merchants emerged in 1885, based at 6 Grand Hotel Buildings, Trafalgar Square, and from 1895 at 68 Piccadilly.
The firm supplied high quality precision watches to the Admiralty, typically made by Nicole Nielsen of Soho Square. Retailing and wholesaling of Smiths-branded motor accessories was added in 1904 when Nicole Nielsen produced Smiths' initial speedometer, the Perfect Speed Indicator, the first of which was delivered to Edward VII for the Royal Mercedes. Nicole Nielsen had to open a new factory in Watford in 1907 to keep up with demand. Growth was fast. Smiths began to manufacture some of their own motor products particularly speedometers. From mid-1913 all motor accessories activities were carried out from handsome purpose-built premises at Speedometer House, 179-185 Great Portland Street ("Motor Row"). The premises in the Strand became a Lyons tearoom but the jewellers establishments were retained at Trafalgar Square and 68 Piccadilly. By this time motor accessories production included Smiths multiple-jet carburettors (designed by Trier & Martin), lighting sets, headlamps, sidelights, tail lights, dynamo and electric starters, generators and the Smith's Auto-Clear mechanical horn.
https://en.wikipedia.org/wiki/Smiths_Group
it's questionable either way. forgot the quotes
>hysterical posting pattern
don't know that is but at the time I grabbed that panel I was also convinced it/she/he was. Who knows. Like a bad rash.
>some girls, not all
'fo sure.
and the one's that are like that can..
wife has a few frens I've wanted to do this to.
no thanks