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April 4, 2018, 2:33 a.m. EDT

Smith & Nephew appoints new CEO

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By Carlo Martuscelli

Smith & Nephew PLC (SN.LN) said Wednesday that it has appointed Namal Nawana as chief executive, effective May 7.

Mr. Nawana will take over from Olivier Bohuon, who will remain with the company over the course of his notice period to help ensure a smooth transition, the health-care company said.

Smith & Nephew said that Mr. Nawana most recently served as CEO at medical diagnostics company Alere, where he oversaw its acquisition by Abbott Laboratories (ABT) in 2017.

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