TMCNet:  Mothercare names new chief [Herald, The (Scotland)]

[July 11, 2014]

Mothercare names new chief [Herald, The (Scotland)]

(Herald, The (Scotland) Via Acquire Media NewsEdge) MOTHERCARE has named its new boss as the baby products retailer looks to shore up its UK business in the face of American takeover interest.

Mark Newton-Jones, who has run the company on an interim basis since March, takes on the pound(s)600,000 a year role of chief executive with the company the subject of a pound(s)266 million approach from Destination Maternity.

He will present a trading update ahead of the company's annual general meeting next week while a fuller presentation on his plans is due in the autumn.

(c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

[ Back To NFVZone's Homepage ]