Smiths Group appoints Group Strategy Director

2nd Apr 2014 07:27

UK engineering company Smiths Group has appointed Silvio Bracone as Group Strategy Director.He will start effective immediately and replaces Mark Reckitt, who is leaving to focus on his "expanding portfolio of non-executive roles".Bracone is a former executive at Danaher and the Boston Consulting Group."Silvio has led a series of top-level strategic and operational initiatives - from cost restructuring and product development to acquisitions and post-merger integration," said Chief Executive Philip Bowman. "His strong commercial focus and diversified industrial experience should prove invaluable as we drive further revenue growth and improve returns."Reckitt will leave the group, which operates across a range of businesses including health, electronics and security, at the end of April after a handover period. Roland Carter, currently head of the Connectors business unit of Smiths Interconnect, will also take over as Interim Divisional President with immediate effect until a permanent appointment is made. RD