Mothercare PLC Directorate Change (7915E)
May 11 2017 - 2:01AM
UK Regulatory
TIDMMTC
RNS Number : 7915E
Mothercare PLC
11 May 2017
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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