SNNUF 6-K
Smith & Nephew PLC (SNN)
6-K
2026-08-19
For: 2026-08-19
View Original
Added on
August 19, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
August
19, 2026
Commission
File Number 001-14978
SMITH & NEPHEW plc
(Registrant’s
name)
Building 5, Croxley Park, Hatters Lane
Watford, England, WD18 8YE
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F ✔
Form 40-F
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Smith+Nephew announces the resignation of Chief Financial
Officer
19 August 2026
Smith+Nephew (LSE: SN, NYSE: SNN), the global medical technology
company, announces that, following the completion of our first half
results, John Rogers informed the Board of his intention to leave
his position as Chief Financial Officer on 30 September to take up
an external position in the US. He will step down from the Board
with immediate effect; a search has been initiated for his
successor.
Deepak Nath, Chief Executive Officer said:
"I would like to thank John for his many contributions over the
last three years as we've delivered the 12-Point Plan, improved our
financial performance and developed the RISE strategy. He has been
a valued colleague and a highly regarded member of our Executive
Committee."
Pierre Palassian, Senior Vice President Finance and Group
Controller, will serve as interim Chief Financial Officer until a
successor is appointed. Pierre is a global finance leader with more
than two decades of experience in finance leadership roles and has
previously led the Finance function for each of our Global
Operations, R&D, Advanced Wound Management, Sports Medicine,
International Markets and Emerging Markets organisations. He joined
Smith+Nephew in June 2017, having had senior roles at Abbvie and
Abbott Laboratories.
Investor contacts
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Emily Heaven, Smith+Nephew
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+44 (0) 7811 919437
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Craig Bijou, Smith+Nephew
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+1 (475) 850-8282
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Media contacts
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Charles Reynolds, Smith+Nephew
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+44 (0) 1923 477314
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Susan Gilchrist / Ayesha Bharmal,
Brunswick
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+44 (0) 20 7404 5959
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Notes
In connection with his departure from the Company on 30 September
2026, John Rogers will be paid in accordance with the Company's
Remuneration Policy and the terms of his service agreement. He will
continue to work for the Company until 30 September 2026, and will
receive his salary, benefits and pension contributions in the
normal way until then. No severance payment will be made. All
outstanding awards under the Annual Incentive Plan, Performance
Share Plan and Restricted Share Plan will be treated in accordance
with the applicable plan rules for ordinary leavers and will lapse
on 30 September 2026.
Details regarding payments made in connection with his departure
will be disclosed on the Company's website, as required by s430(2B)
of the Companies Act 2006, and in the Company's Directors'
Remuneration Report in due course.
About Smith+Nephew
Smith+Nephew is a portfolio medical technology business focused on
the repair, regeneration and replacement of soft and hard tissue.
We exist to restore people's bodies and their self-belief by using
technology to take the limits off living. We call this purpose
'Life Unlimited'. Our 17,000 employees deliver this mission every
day, making a difference to patients' lives through the excellence
of our product portfolio, and the invention and application of new
technologies across our three global business units of
Orthopaedics, Sports Medicine & ENT and Advanced Wound
Management.
Founded in Hull, UK, in 1856, we now operate in around 100
countries, and generated annual sales of $6.2 billion in 2025.
Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN).
The terms 'Group' and 'Smith+Nephew' are used to refer to Smith
& Nephew plc and its consolidated subsidiaries, unless the
context requires otherwise.
For more information about Smith+Nephew, please
visit www.smith-nephew.com and follow
us on X, LinkedIn, Instagram or Facebook.
Forward-looking statements
This document may contain forward-looking statements that may or
may not prove accurate. For example, statements regarding expected
revenue growth and trading profit margins, market trends and our
product pipeline are forward-looking statements. Phrases such as
"aim", "plan", "intend", "anticipate", "well-placed", "believe",
"estimate", "expect", "target", "consider" and similar expressions
are generally intended to identify forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause actual
results to differ materially from what is expressed or implied by
the statements. For Smith+Nephew, these factors include: conflicts
in Europe and the Middle East, economic and financial conditions in
the markets we serve, especially those affecting healthcare
providers, payers and customers; price levels for established and
innovative medical devices; developments in medical technology;
regulatory approvals, reimbursement decisions or other government
actions; product defects or recalls or other problems with quality
management systems or failure to comply with related regulations;
litigation relating to patent or other claims; legal and financial
compliance risks and related investigative, remedial or enforcement
actions; disruption to our supply chain or operations or those of
our suppliers; competition for qualified personnel; strategic
actions, including acquisitions and disposals, our success in
performing due diligence, valuing and integrating acquired
businesses; disruption that may result from transactions or other
changes we make in our business plans or organisation to adapt to
market developments; relationships with healthcare professionals;
reliance on information technology and cybersecurity; disruptions
due to natural disasters, weather and climate change related
events; changes in customer and other stakeholder sustainability
expectations; changes in taxation regulations; effects of foreign
exchange volatility; and numerous other matters that affect us or
our markets, including those of a political, economic, business,
competitive or reputational nature. Please refer to the documents
that Smith+Nephew has filed with the U.S. Securities and Exchange
Commission under the U.S. Securities Exchange Act of 1934, as
amended, including Smith+Nephew's most recent annual report on Form
20-F, which is available on the SEC's website at www. sec.gov, for
a discussion of certain of these factors. Any forward-looking
statement is based on information available to Smith+Nephew as of
the date of the statement. All written or oral forward-looking
statements attributable to Smith+Nephew are qualified by this
caution. Smith+Nephew does not undertake any obligation to update
or revise any forward-looking statement to reflect any change in
circumstances or in Smith+Nephew's expectations.
◊ Trademark
of Smith+Nephew. Certain marks registered in US Patent and
Trademark Office.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Smith & Nephew plc
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(Registrant)
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Date:
August 19, 2026
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By:
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/s/
Helen Barraclough
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Helen
Barraclough
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Company
Secretary
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