Mothercare PLC Mothercare Plc : Directorate Change

 
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:             [e-mail] 
 
   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.