Mothers Work CEO Dan Matthias is retiring |
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| Tuesday, 30 September 2008 | |
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Dan Matthias is to retire as the Chief Executive Officer of maternity apparel retailer Mothers Work Inc. and will be succeeded by Edward
Krell, the company's current Chief Operating Officer.
Krell has also been appointed member of the company's Board of Directors. Matthias will continue to serve as a director of the company and serve as non-executive Chairman of the Board, and will remain available to management in an advisory capacity. Mothers Work's President and Chief Creative Officer Rebecca Matthias will continue in her current capacity and will report to Krell. Krell joined Mothers Work in 2002 as a senior executive. In 2007, Krell was named Chief Operating Officer and Chief Financial Officer and he served in this role until July 2008, when he was named Chief Operating Officer of the Company. Mothers Work operates 1,038 maternity locations, including 756 stores, predominantly under the names Motherhood Maternity, A Pea in the Pod, Mimi Maternity, and Destination Maternity. |
