Smith & Nephew : CFO to leave Smith & Nephew in early 2017

11 July 2016

Smith & Nephew plc (LSE:SN, NYSE:SNN), the global medical technology business, today announces that Julie Brown, Chief Financial Officer, will be leaving the Company in January 2017 to join Burberry Group plc (BRBY.L) as Chief Operating and Financial Officer. The search for a successor to Julie is underway, and a further announcement will be made in due course.

Olivier Bohuon, Chief Executive Officer said:

'Julie has made a significant contribution to the transformation of Smith & Nephew over the last three and half years, building and embedding stronger finance capabilities across the Company. The Group Optimisation programme has driven greater efficiency and her Capital Allocation Framework has effectively and transparently prioritised the use of cash. I would like to thank her on behalf of the Company, and personally for her valuable support and insight. We wish her well in the next stage of her career.'

Julie Brown, Chief Financial Officer, commented:

'I am immensely proud of my time at Smith & Nephew and what we have achieved together. We have made significant progress with Group Optimisation and the Finance Transformation and delivered significant shareholder value. I look forward to joining the Board of Burberry and pursuing a new opportunity in my career. It has been an honour to work with Olivier, from whom I have learnt a great deal, and I wish him and everyone at Smith & Nephew all the best for the future.'

Enquiries

Investors

Ingeborg Øie
Smith & Nephew
[phone]

Media

Charles Reynolds
Smith & Nephew
[phone]

Matthew Cole / Debbie Scott
FTI Consulting
[phone]

About Smith & Nephew

Smith & Nephew is a global medical technology business dedicated to helping healthcare professionals improve people's lives. With leadership positions in Orthopaedic Reconstruction, Advanced Wound Management, Sports Medicine and Trauma & Extremities, Smith & Nephew has around 15,000 employees and a presence in more than 100 countries. Annual sales in 2015 were more than $4.6 billion. Smith & Nephew is a member of the FTSE100 (LSE:SN, NYSE:SNN).

For more information about Smith & Nephew, please visit our website www.smith-nephew.com, follow @SmithNephewplc on Twitter or visit SmithNephewplc on Facebook.com.