Mothercare plc announced board and management changes. In line with previous communications, the Board believes the time is right for Clive Whiley to become Non-Executive Chairman with effect from 29 March 2020; Mark Newton-Jones will step down as Chief Executive Officer on January 22, 2020, remaining as an Executive Director through to July 2020 as they complete the Transformation Plan. Mark has also agreed to make himself available as a Non-Executive Director thereafter; Glyn Hughes who has been Chief Financial Officer throughout the restructuring period will become Interim Chief Executive Officer with immediate effect; and Andrew Cook, who has served as Corporate Development Director of Mothercare since April 2019, will join the main Board as Chief Financial Officer with immediate effect.

Andrew is a highly-experienced, results-oriented finance executive having successfully transformed business profitability across a number of sectors, including retail. He was most recently Chief Financial Officer for Stanley Gibbons Group plc. Prior to that role, he held senior director roles within Medina Dairy Group, Kelly Services, The Body Shop and Virgin Group.