21 February 2013
Smith & Nephew plc (LSE: SN, NYSE: SNN), the global medical technology business, today announces the appointment of Michael A. Friedman MD as Non-Executive Director. He will join the Board on 11 April 2013 and immediately offer himself for re-election at the Company’s Annual General Meeting.
Michael has, for the past 10 years, been Chief Executive Officer of City of Hope, the prestigious cancer research and treatment institution in California. He also serves as Director of the institution’s comprehensive cancer centre and holds the Irell & Manella Cancer Center Director’s Distinguished Chair. He was formerly senior vice president of research and development, medical and public policy for Pharmacia Corporation and has served as Deputy Commissioner and Acting Commissioner at the US Food and Drug Administration. He is an experienced Board director currently serving as Independent Director of Celgene Corporation and MannKind Corporation and having previously served as Independent Director of RiteAid Corporation.
Sir John Buchanan, Chairman of Smith & Nephew, commented:
“We are delighted that Michael Friedman has agreed to join the Board of Smith & Nephew. He brings exceptional clinical and commercial experience of the US healthcare environment, a wealth of understanding of the US regulatory system and more than ten years’ Board experience. These skills will help Smith & Nephew meet the challenges and opportunities that lie ahead.”
Michael Friedman MD commented:
“I am very much looking forward to joining the Board of Smith & Nephew, a company I have long admired. Its programme to reshape to take advantage of the changing healthcare environment in the Established Markets, and its growing strength in the Emerging Markets, place it at the vanguard of the medical device industry. I am delighted to be given the opportunity of working with Sir John, Olivier and the team to help deliver their strategy in the US and beyond.”
No disclosure obligations arise under paragraphs (1) to (6) of LR 9.6.13 R of the UK Listing Authority’s Listing Rules in respect of this appointment.
Phil Cowdy Tel: +44 (0) 20 7401 7646
Smith & Nephew
Charles Reynolds Tel: +44 (0) 20 7401 7646
Smith & Nephew
Justine McIlroy / Andrew Mitchell Tel: +44 (0) 20 7404 5959
Brunswick – London
About Smith & Nephew
Smith & Nephew is a global medical technology business dedicated to helping improve people's lives. With leadership positions in Orthopaedic Reconstruction, Advanced Wound Management, Sports Medicine and Trauma and Extremities, Smith & Nephew has almost 10,500 employees and a presence in more than 90 countries. Annual sales in 2012 were more than $4.1 billion. Smith & Nephew is a member of the FTSE100 (LSE: SN, NYSE: SNN).
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