Smith, who joined Baltimore five months ago as an interim CFO, was previously head of the finance function at Bookham Technology.
He joins the company at a difficult time – last month, Baltimore revealed it had overstated Japanese revenues in the 18 months to 30 June last year, forcing it to lower profits by between 1% and 2%.
Last year the company was also forced to restate its 2000 accounts following an overstatement of revenues in its India, Middle East and Africa regions.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements