CBME China 2024

17-19 July 2024 | National Exhibition and Convention Center (NECC), Shanghai, China

| EN

Mothercare Directorate Change

Mothercare has announced today 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."

Source: Nursery Today