Mountford leaves Moss Bros
Friday 16 January 2009
Philip Mountford, the chief executive of Moss Bros, is to leave the mens suit retailer on 31 January after nearly five years at the helm.
The retailer said he was stepping down by “mutual consent”, but it is unclear if he has a job to go to.
On Monday, Mr Mountford will resign from the board and leave at the end of the month. He joined Moss Bros as trading director in 2002 and was made chief executive in 2004.
On 1 December, Moss Bros warned on its full-year profits and said that its like-for-like sales for the 44 weeks to 29 November had fallen by 3.6 per cent.
At the time, Moss Bros said: “The challenging current trading environment is likely to have a materially adverse impact on market expectations for the full year.”
Mr Mountford was not available to comment.
Brian Brick, who has been a non-executive director at Moss Bros since 20 August 2008, will be appointed interim chief executive while it looks for a permanent replacement.
David Adams, the Moss Bros chairman who joined last year, said: “I would like to thank Philip for his work and leadership and wish him well in all his new endeavours.”
Bernie Myers is stepping down as a non-executive director of the retailer with effect from 19 January 2009. The board has started the process of recruiting new independent non-executive directors.
- 1 I've been called an abusive and dangerous parent, when all I did was listen to my transgender child
- 2 Smartphones are making children borderline autistic, says psychiatrist
- 3 Why this father didn’t hide his daughter’s heroin overdose in her obituary
- 4 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
Smartphones are making children borderline autistic, says psychiatrist
Nepal earthquake: More than 1,100 killed across four countries and in Mount Everest avalanche
Nepal earthquake: The race is on to help thousands trapped under rubble around Kathmandu, while remote villages face a long wait for help
Royal baby: Live updates as superbug closes ward at St Mary's Hospital where Duchess of Cambridge is due to give birth
Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
iJobs Money & Business
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...
£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...