Smith+Nephew appoints former Serco CEO Soames as chair

Medical technology company Smith+Nephew said it had appointed former Serco chief executive Rupert Soames as chair, succeeding Roberto Quarta who will this year.

Soames will be appointed at the company's annual general meeting on April 26. Quarta has agreed to continue as chair to ensure a smooth transition and will put himself forward for re-election as a non-executive director, the company said on Friday.

The new chair was CEO at Serco, which provides government outsourcing services such as running immigrant detention centres, between 2014 - 2022.

Reporting by Frank Prenesti for Sharecast.com