July 2017 The Australian Business Review and SBS
Outgoing Cochlear chief executive Chris Smith will retire from his position on January 2, 2018
Hearing implant maker Cochlear has announced its chief executive officer Chris Smith will retire from his position on January 2, 2018. Dig Howitt, Cochlear’s chief operating officer, will replace Mr Smith as president of the company with immediate effect and will takeover as CEO when Mr Smith retires in January. The company says the appointment of Mr Howitt, who joined Cochlear (COH) in 2000, has been part of a succession process. Dig Howitt will take the seat as President now and transition to CEO responsibilities over the coming months. Mr Howitt joined Cochlear in 2000 and has held various roles, including chief operating officer; president, Asia Pacific; and senior vice-president, manufacturing and logistics.
Cochlear says over Chris Smith’s 13 years with the company, he made a substantial contribution and positively impacted many peoples lives. Chairman Rick Holliday-Smith said Mr Smith will leave the company in a strong position. "Chris has overseen a period of substantial growth for Cochlear, with the company exceeding a billion dollars in annual sales revenue during his time as CEO."