Home / Knowledge / News / Apparel/Garments / Mr Matthias to continue as Non-Executive Chairman Mothers Work BoD
Mr Matthias to continue as Non-Executive Chairman Mothers Work BoD
Sep '08
Mothers Work Inc the world's leading maternity apparel retailer, announced that Dan Matthias will retire as the Company's Chief Executive Officer on September 30, 2008.

Edward (Ed) Krell, the Company's current Chief Operating Officer, was named by the Board of Directors to succeed Mr. Matthias as Chief Executive Officer, effective October 1, 2008.

Mr. Krell has also been appointed to serve as a member of the Company's Board of Directors. Mr. 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 through September 30, 2012.

Rebecca Matthias, the Company's President and Chief Creative Officer, will continue in her current capacity and will report to Mr. Krell.

Mr. Krell has served as a senior executive of the Company for nearly seven years, having joined Mothers Work in January 2002.

Mr. Krell served as Senior Vice President- Chief Financial Officer from January 2002 until November 2003, and served as Executive Vice President- Chief Financial Officer from November 2003 until May 2007.

In May 2007, Mr. Krell was named Chief Operating Officer & Chief Financial Officer and he served in this role until July 2008, when he was named Chief Operating Officer of the Company.

Mr. Krell, on behalf of the Board of Directors, noted, "The Board greatly appreciates Dan's contributions to Mothers Work as a co-founder from its inception as a small catalog business 25 years ago to its current position as the leader in maternity apparel.

The entrepreneurial spirit instilled in the Company by Dan and our President and co-founder, Rebecca Matthias, has been immeasurably important to the Company's growth and success.

We are appreciative that Dan has agreed to serve as our non-executive Chairman of the Board and look forward to his continued contributions to the Company.

In addition, the Board and I greatly value Rebecca's service as President and Chief Creative Officer as she continues to drive our merchandising, creative and publicity initiatives.

Ms. Matthias, on behalf of the Board of Directors, commented, "We are very pleased to announce Ed Krell's promotion to Chief Executive Officer.

Since he joined us in 2002, Ed has continually taken on more and more operational responsibility and has played a key role in devising and implementing our strategic and operational initiatives to expand our leadership position in the maternity apparel business and increase shareholder value.

Ed was instrumental in developing our strategic restructuring, announced in July 2008, to streamline our merchandise brands and store nameplates, reduce our cost structure and improve the long-term profitability of our business.

Under Ed's leadership, we will be determined to increase profitability while continuing to maintain the keen focus ongenerating cash flow which Ed has been driving.

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search