Acelity said this week that it snared Gaurav Agarwal from Smith & Nephew (FTSE:SN, NYSE:SNN) to fill its newly created role of business & innovation president.

The new position calls for Agarwal to lead the strategic direction for all Acelity businesses, according to a press release.

"Gaurav has valuable insight into global markets for medical devices and a demonstrated track record of driving commercial performance throughout the world," president & CEO Joe Woody said in prepared remarks. "His expertise and commercial leadership experience, coupled with his strong background in innovation and product portfolio management, will make him a tremendous asset to Acelity as we look to 2015 and beyond."

Before his stint as Smith & Nephew’s orthopedic reconstruction president, Agarwal spent 15 years at GE Healthcare (NYSE:GE), where he was chief technology, quality, regulatory & strategy officer, according to the release.

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