Mothercare has appointed Argos finance director Matt Smith as its chief financial officer and executive director.
Smith will exit Home Retail Group, Argos’s parent company, after 10 years with the business working in senior finance roles across supply chain, distribution and IT.
His start date at the mother and baby specialist is yet to be confirmed.
Prior to Home Retail Group, Smith worked at financial services provider KPMG in its London and Sydney offices, working his way up to become director of its corporate finance department.
Smith’s digital experience is expected to help the retailer deliver its mutlichannel growth plans as Calver looks to turnaround the retailer’s fortunes.
Mothercare chief executive Simon Calver said: “Matt’s experience working for a multi-billion pound UK retailer, and his understanding of multichannel development, will provide the company with the financial and commercial expertise that it requires to deliver our Transformation and Growth plan, and to grow the business both in the UK and internationally.”
Smith added: “I believe in the huge potential for Mothercare to grow globally, and in the opportunities for the business to deliver more to its customers in the UK.”
Smith’s appointment follows the appointment of two directors last month, Philippe Dayraud from French clothing chain Pimkie to be its global product and sourcing director, and Jude Bridge who will join in December as global brand and marketing director from Save the Children.
Former Sainsbury’s executive Nick Henwood was made director of retail operations in September.