Smiths Group appoints Sir George Buckley as chairman

Engineering conglomerate Smiths Group has appointed Sir George Buckley as its chairman, effective from the close of its annual general meeting on 19 November 2013.

Buckley retired last year as chairman and chief executive of 3M and currently holds a number of non-executive positions at companies including Hitachi and PepsiCo.

The group’s planned sale of its profitable medical division for up to £3bn again sparked speculation that it may be preparing to break up or become an attractive takeover target.

Source: Company / FT