Spielwarenmesse: Mothercare’s Mark Newton-Jones steps down

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Mothercare’s Mark Newton-Jones steps down

24. January 2020 11:20 h

By toyworldmag.co.uk

  • Mothercare has announced that the CEO has stepped down as part of the company’s transformation plans.

Glyn Hughes, who has been chief financial officer throughout the restructuring period, will become interim chief executive officer with immediate effect. Mark Newton-Jones will remain as an executive director until July 2020, and has agreed to make himself available as a non-executive director thereafter.

Andrew Cook, who has served as corporate development director of Mothercare since April 2019, will join the board as chief financial officer with immediate effect. Meanwhile, Mothercare chairman Clive Whiley will become non-executive chairman with effect from 29th March.

On 5th November, Mothercare appointed PWC as administrators for Mothercare UK and Mothercare Business Services (MBS), which is responsible for Mothercare UK’s back-office functions, including finance, HR, property and IT.

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