Smith+Nephew CFO Departs Amid Revenue Revisions | Bermuda News

Smith+Nephew’s CFO, John Rogers, is stepping down after 2.5 years to return to the U.S. for a new role, with his last day set for September 30 — just as the company revises its revenue forecasts downward amid weak knee/hip implant sales and pricing hurdles in the U.S. Despite recent stock gains of nearly 14% under his leadership, Rogers won’t receive severance; unvested incentives expire on departure. Interim CFO Pierre Palassian, with experience at AbbVie and Abbott, will take over until a permanent replacement is found. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ff4f7b2d6bc1dd57