Mothercare boss to step down as non-executive director of Boohoo.com
Boohoo.com has this morning (June 27) announced the intention of Mark Newton-Jones to step down as non-executive director after nearly three years with the company.
Mark, the CEO of retailer Mothercare plc and chairman of Graduate Fashion Week, will leave the online fashion firm with effect from July 31.
The Boohoo board is now searching for a new non-executive director and expects to announce Mark’s replacement in due course.
Boohoo.com plc chairman Peter Williams said: “On behalf of the board, I would like to thank Mark for his positive contribution to the board in the conversion from being a private to a public Company and in particular for his retail insights.”
The Manchester-based firm’s joint chief executive, Mahmud Kamani, who co-founded the business with entrepreneur Carol Kane in 2006, commented: “Mark’s insight as a retailer has been hugely helpful to Carol and me over the last three years.
“We both thank him for his friendship and his valuable contribution as we’ve established Boohoo as a listed business, we wish him well for the future.”
The announcement follows the news that Boohoo.com has expanded its North West footprint with the acquisition of a £1.6m property in Manchester city centre.
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