Mark Newton-Jones abruptly resigned from the position of CEO of Mothercare this morning as the embattled retail chain seeks to stabilise. The firm announced the appointment of David Wood as CEO with immediate effect, but the news of Newton-Jones’ departure caused the group’s share price to fall 2.3% in morning trading.
Name: Mark Newton-Jones
Announcement Date: April 03, 2018, 10:00pm
Resignation Date: April 03, 2018, 10:00pm