Baby products retailer Mothercare CEO steps down

Chairman Clive Whiley and CFO Andrew Cook will lead the operating board until the process to find a CEO replacement is completed

People walk past a Mothercare store in Altricham, Britain. Credit: Reuters Photo

Baby products retailer Mothercare Plc said on Friday Chief Executive Officer Daniel Le Vesconte has stepped down, effective immediately.

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Chairman Clive Whiley and Chief Financial Officer Andrew Cook will lead the operating board until the process to find a CEO replacement is completed, the company said in a statement.