off-the-wire

UPDATE 1-UK's Smiths Group names Alcoa's Williams as next chair

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds details on new chair and his appointment paragraphs 2 & 3, results in March in paragraph 4) May 10 (Reuters) - British industrial technology company Smiths Group Plc on Wednesday named Steve Williams as its next chairman to succeed George Buckley, who is retiring at the end of the company's annual general meeting in November.


UK-born Williams, who is currently chair of U.S. aluminum producer Alcoa Corporation , started his career at ExxonMobil. He also held roles at Suncor Energy.


His appointment at Smiths Group is subject to his election as non-executive director at the company's AGM. He will be appointed to the board as an independent non-executive director and as chair designate in September, Smiths Group said. In March, the company upgraded its annual forecasts after a 27% increase in first-half profit, as demand for its products soared on decarbonisation trends and airport upgrades.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Rashmi Aich)

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