Mothercare PLC Mothercare Plc : Directorate Change
11 September 2017 - 4:00PM
UK Regulatory
TIDMMTC
Mothercare plc
Directorate Change
Appointment of CFO
We are delighted to announce that Glyn Hughes, currently the Company's
Interim Finance Director, has been appointed as CFO Designate.
Following a handover period Glyn will be appointed as CFO and Executive
Director with effect from 1 December 2017 when Richard Smothers, the
current CFO, whose resignation was announced on 11 May 2017, will leave
the business.
Glyn has recently returned from 10 years in Asia where he held both CEO
and CFO responsibilities in the Dairy Farm Group. Prior to that, he was
with Kingfisher, Tesco and KPMG.
Commenting on the appointment, Mark Newton-Jones, CEO, said "I am
delighted that Glyn is joining Mothercare as our Chief Financial
Officer. Glyn's extensive international retail knowledge and finance
experience will be a huge support to the team and me as our business
goes through the next phase of its transition."
Alan Parker, CBE, Chairman said "I am extremely pleased that we have
found someone with the skills and leadership qualities to work with Mark
and the other members of the executive management team in delivering the
Company's strategy. Glyn will be a great asset to the Company, Board
and the Executive Committee, and I look forward to working together."
Glyn Hughes, said "I'm delighted to be part of the Mothercare team and
look forward to working with our colleagues across the business to
further enhance our drive to deliver sustained business growth."
This notification is made pursuant to Listing Rule 9.6.11.
There are no further matters to be disclosed under LR 9.6.13.
Further information: investorrelations@mothercare.com
Media/analyst enquiries to: Tim Rowntree, MHP 020 3128 8100
Simon Hockridge, MHP 020 3128 8100
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Mothercare Plc via Globenewswire
http://www.mothercare.com
(END) Dow Jones Newswires
September 11, 2017 02:00 ET (06:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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