Mothercare appoints new CFO

by TnP Staff
Published: 12 September 2017, 09:43
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Former interim Finance Director Glyn Hughes appointed as CFO Designate

Mothercare has appointed its caretaker Finance Director Glyn Hughes as its new Chief Financial Officer.

After a handover period, Glyn will replace the current CFO Richard Smothers, who resigned in May earlier this year and will leave 1 December 2017.

Mark Newton-Jones, Mothercare CEO, said "I am delighted that Glyn is joining Mothercare as our Chief Financial Officer.  Glyn's extensive international retail knowledge and finance experience will be a huge support to the team and me as our business goes through the next phase of its transition."

The retailer's Chairman, Alan Parker added: "I am extremely pleased that we have found someone with the skills and leadership qualities to work with Mark and the other members of the executive management team in delivering the Company's strategy. Glyn will be a great asset to the company, board and the executive committee, and I look forward to working together."

Glyn has recently returned from 10 years in Asia where he held both CEO and CFO responsibilities in the Dairy Farm Group. Prior to that, he was with Kingfisher, Tesco and KPMG. He said: "I'm delighted to be part of the Mothercare team and look forward to working with our colleagues across the business to further enhance our drive to deliver sustained business growth."