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Share Price Information for Mothercare (MTC)

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Share Price: 4.40
Bid: 4.40
Ask: 4.74
Change: -0.13 (-2.77%)
Spread: 0.34 (7.727%)
Open: 4.40
High: 4.40
Low: 4.40
Prev. Close: 4.70
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Pendragon Hires Former JD Sports CFO Small As Non-Executive Director

Tue, 10th Dec 2019 13:44

(Alliance News) - Motor retailer Pendragon PLC on Tuesday said it has appointed Brian Small to the board as non-executive director, effective immediately.

The former chief financial officer at sports-fashion retailer JD Sports Fashion PLC will serve on the board's nomination committee, the remuneration committee, and will take over as audit committee chair from Richard Laxer from January 2 next year.

Small is currently a non-executive director and chair of the audit committee at online fashion retailer Boohoo Group PLC and a non-executive director and chair of the audit committee of parenting products retailer Mothercare PLC.

Pendragon Interim Executive Chair Bill Berman said: "I welcome Brian and look forward to working with him. He has an extensive track record and considerable experience from his career in business, and I am confident he will make a positive contribution to the board as we continue to take the business forward."

Berman took over as executive chair at Pendragon in September, replacing former non-executive chair Chris Chambers. Berman was tasked with finding a permanent non-executive chair and a new chief executive. Mark Herbert, its former chief executive, departed in June by "mutual agreement" amid a series of profit warnings.

Pendragon shares were trading flat in London on Tuesday afternoon at 10.74 pence.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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