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Mothercare chairman exits

Mothercare’s non-executive chairman Alan Parker has retired after six years in the role. 

Clive Whiley has been appointed Mothercare’s interim executive chairman, with immediate effect.

David Wood, Mothercare’s CEO, said: “Mothercare is currently facing a number of challenges, not least a highly competitive retail environment. We recognise the clear needs ahead of us as we pursue our refinancing to allow us to complete our transformation plan.

“Clive’s appointment comes with the support of a number of our key shareholders and strengthens Mothercare’s leadership with specific refinancing and restructuring experience. He has the skills required to help stabilise the business and take it forward.”

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