Smiths Group chief to leave Morgan Advanced Materials’ board

Andrew Reynolds-Smith, chief executive of engineering outfit Smiths Group, will step down from the board of ceramic materials manufacturer Morgan Advanced Materials after its annual general meeting on 6 May.

In a statement on Tuesday, Morgan Advanced Materials said Reynolds-Smith was stepping down as his “other commitments have grown.”

Andrew Shilston, chairman, said: "I would like to thank Andrew Reynolds-Smith for his significant contribution to the company over the last three years and we wish him every success in the future."

At 1517 BST, Morgan Advanced Materials' shares were down 6.60% or 2.95% at 217.30p