Mothercare Plc
MTC:LN
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Overview
Company Profile
Mothercare plc is a global brand for parents and young children with a 58-year history as a specialist UK retailer. We are now focussed on global franchise operations through its subsidiary, Mothercare Global Brand (MGB), in Europe, the Middle East and Africa, Asia and Latin America.
Across the global business there are over 800 stores in over 40 territories where our products are sold through MGB's franchise partners' territories in retail stores and through a small but growing online presence.
Classification
Financials
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Corporate
Board of Directors
Mark Newton-Jones
CEO
Appointment: July 2014 Skills, competencies, experience: Mark has 30 years’ experience with and developing some of the industry’s leading retail brands in both stores and online. Formerly, Mark has held directorships with companies within the Shop Direct Group where he was Chief Executive Officer. Mark was also a non-executive director of Boohoo plc from 2013 to 2016. Mark initially joined Mothercare as Chief Executive in 2014. Other directorships: Mark is Chairman of Graduate Fashion Week and a board member of the INGKA Holding B.V. (Supervisory Board of the IKEA Group). Mark is also currently a director of Pockit Limited.
David Wood
Group Managing Director
David joined Mothercare as CEO on 4th April 2018. David has over 25 years’ experience working in senior roles in international branded manufacturing and multi-channel retail businesses. David started his career at Unilever in 1992 where he spent nine years in various UK and European commercial roles. He then joined Kraft Foods where he spent six years, working his way up to European Marketing Director, before joining Tesco in 2007. Initially as Commercial Category Director at Tesco, David successfully led the £4bn+ Dairy, Fresh Counters and Local Sourcing business units, before being appointed to the Board of Tesco Hungary as Commercial Director. David was tasked with turning the firm’s Hungarian business around, a feat he achieved in two years, leading the delivery of record sales, profit and market share growth. David then joined the Operating Board of Tesco UK as Chief Marketing Officer, before going onto become Group Managing Director for its newly created Global Health and Wellness Division. Most recently, David was Group President of Kmart Holding Corp, a $3bn US grocery retail and pharmaceutical business, where he successfully returned the business to sustainable profit growth, through transformation of the customer offer, simplification of the retail operating model and reinvention of the buying approach. David lives in Hertfordshire with his wife Rachel and three children.
Glyn Hughes
Chief Financial Officer
Appointment: December 2017. Skills, competencies, experience: Glyn has extensive international retail and finance experience gained during his 10 year residence in Asia (2006 – 2016) where he held both CEO and CFO positions within the Dairy Farm Group. Appointments prior to that include senior Finance, Strategy and Business Development roles at Kingfisher, Tesco and KPMG.
Clive Whiley
Chairman
Appointment: April 2018. Skills, competencies, experience: Clive Whiley has thirty five years’ experience in regulated strategic management positions since becoming a Member of the London Stock Exchange. He has extensive main board executive director experience across a broad range of financial services, engineering, manufacturing, distribution & leisure businesses: encompassing the UK, Europe, North America, Australasia and the People’s Republic of China. Other Directorships: Mr Whiley is currently a Non-Executive Director of Stanley Gibbons Group plc and Camper & Nicholsons Marina Investments Limited and also Chairman of China Venture Capital Management Limited, First China Venture Capital Limited and Y-LEE Limited.
Nick Wharton
Non-Executive Director and Audit and Risk Committee chair
Appointment: November 2013. Skills, competencies, experience: Nick provides the Company with extensive experience within the retail sector both in the UK and internationally. Substantial plc experience having operated as both CEO and CFO supports the financial and strategic direction of the Company. Currently CFO of SuperGroup plc and formerly Chief Executive Officer of Dunelm Group plc, Chief Financial Officer at Halfords Group plc, and held finance and international positions at The Boots Company plc and Cadbury Schweppes plc. Other Directorships: Chief Financial Officer of SuperGroup plc.
Gillian Kent
Non-executive director
Appointment: March 2017 Skills, competencies, experience: Gillian has had a broad executive career including being Chief Executive of real estate portal Propertyfinder until its acquisition by Zoopla, and 15 years with Microsoft including three years as Managing Director of MSN UK. Other Directorships: Gillian holds non-executive director roles at Pendragon Plc, National Accident Helpline Group Plc, Ascential Plc, and at two private companies, Coull Limited and No Agent Technologies Limited.