By  on September 30, 2008

NEW YORK — Mothers Work Inc. said Monday that Dan Matthias, who in 1982 cofounded the business with his wife, Rebecca, is retiring as chief executive officer today. Matthias, who is also the company’s chairman, will continue to serve as a director of Mothers Work and as nonexecutive chairman of the board. He will remain available to management in an advisory capacity through September 2012.

Matthias, who will be 65 years old on Oct. 5, will be succeeded on Wednesday by Edward “Ed” Krell, chief operating officer of Mothers Work. Rebecca Matthias, president and chief creative officer, will continue in those roles and will report to Krell.

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