Smith & Nephew's new boss has to focus on performance and not pay
I do like 'The Smiths'. No, this is not some sudden disclosure of retrospective appreciation of the collected musical works of Morrissey and Marr, but rather an observation that you can make a conceptual case for respectively DS Smith (SMDS), WH Smith (SMWH), Smiths Group (SMIN) and Smith & Nephew (SN.). Certainly such a strategy would have been nicely remunerative on a year-to-date basis. Today though, whilst I am still penning love notes to DS Smith and have identified a price I want to get active in at WH Smith post its new big deal, the wheels have fallen off at Smith & Nephew a bit…


