Last checked at 11 May 2017 07:00
MOTHERCARE PLC
Directorate Change
Mothercare plc (or 'the Company') announces that Richard Smothers has given notice of his resignation as Chief Financial Officer and Executive Director.
Under the terms of his service agreement, Richard has a notice period of 12 months and will remain with Mothercare until a successor has been identified and an appropriate transition plan put in place, which is expected to be towards the end of the calendar year.
The Company has commenced a search for a new Chief Financial Officer and will update on progress in due course.
The Company will release its full year results on 18 May 2017.
Mark Newton-Jones, Chief Executive Officer of Mothercare plc, said:
"Richard has played a significant role in the first phase of the turnaround of the Mothercare brand, helping us to build a strong platform for future growth. On a personal note I'd like to thank him for his support and wish him well for the future."
ENDS
Investor and Analyst enquiries to:
Mothercare plc
Mark Newton-Jones, Chief Executive Officer 01923 206455
Richard Smothers, Chief Financial Officer 01923 206455
Helen Gunter, Director of Corporate Communications 01923 206381
Media enquiries to:
MHP Communications:
John Olsen/Simon Hockridge 020 3128 8100
mothercare@mhpc.com