HomeUKUK's Smiths Group names Alcoa's Williams as next Chairman

UK’s Smiths Group names Alcoa’s Williams as next Chairman

May 10 (Reuters) – British industrial technology company Smiths Group Plc (SMIN.L) on Wednesday named Steve Williams as its next chairman to succeed George Buckley, who will retire at the end of the company’s annual general meeting in November.

UK-born Williams, who is currently Chairman of US aluminum producer Alcoa Corporation (AA.N), began his career at ExxonMobil. He also held positions at Suncor Energy.

His appointment to Smiths Group is subject to his election as a non-executive director at the company’s General Shareholders’ Meeting. He will be appointed to the board as an independent non-executive director and as chairman-designate in September, Smiths Group said.

In March, the company updated its annual forecasts after a 27% rise in first-half profit as demand for its products soared due to decarbonization trends and improvements at airports.

Reporting by Yadarisa Shabong in Bangalore; Edited by Rashmi Aich

Our standards: The Thomson Reuters Trust Principles.

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