Mothercare appoints Mark Newton-Jones as chief executive on a permanent basis
Mothercare has confirmed that Mark Newton-Jones has been appointed as chief executive on a permanent basis following his four month tenure as the groups interim chief executive.
In a statement, Mothercare said it had undertaken “a “thorough recruitment process” over the past few months and was confident that Newton-Jones was the right person to lead the business.
Newton-Jones worked with Shop Direct, the owner of Littlewoods and Very, for nearly a decade until July 2013 during which time he led the group's turnaround in his position of chief executive.
Prior to Shop Direct, he worked in senior roles at Next's high street business and was also the director responsible for Next Directory.
Newton-Jones joined Mothercare as interim chief executive in March following the resignation of former chief executive Simon Calver. He will join the Mothercare board on 17 July.
Alan Parker, chairman of Mothercare, said: "I am delighted that Mark will be joining Mothercare on a permanent basis as our new CEO. He has made a substantial difference to the UK business already in the four months he has been with us and is a first-class retailer with a highly successful track record. After a rigorous recruitment process, we have chosen a strong and experienced leader in Mark to drive the UK turnaround, and take Mothercare's international business from strength to strength in order to deliver significant value for our shareholders."
Mothercare, which also operates the Early Learning Centre stores, has been working to turn its UK business around by closing loss-making stores and improving its product range and multi-channel services.
Last week, it was revealed that the retailer had rejected two takeover proposals from Destination Maternity, the US maternity products retailer and owner of the 'A Pea in the Pod' clothing brand.
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