The Gymboree Corporation Names Mark Breitbard CEO
Former Gap North America President Brings Diversified Retail Experience to New
SAN FRANCISCO, Jan. 8, 2013
SAN FRANCISCO, Jan. 8, 2013 /PRNewswire/ --The Gymboree Corporation
("Gymboree") today announced the appointment of Mark Breitbard as the
company's new Chief Executive Officer. An accomplished retail executive,
Breitbard will join Gymboree from Gap Inc., where he most recently served as
President of Gap North America, and previously as the Executive Vice President
of GapKids and babyGap.
Breitbard's appointment at Gymboree is effective January 14, 2013, when he
assumes his responsibilities from interim CEO Kip M. Garcia. Garcia will
resume his former duties as President when Breitbard joins the company, and
interim Chief Operating Officer Yvonne Hao will continue to work closely with
the Gymboree management team as she returns to her role as an Operating
Partner at Bain Capital.
Breitbard brings to Gymboree a distinguished retail career in positions of
increasing responsibility with leading apparel brands. In addition to his
experience at Gap brand, Breitbard previously served as President of Levi's
U.S. retail and held executive leadership positions at Abercrombie & Fitch,
Banana Republic and Old Navy. In these various roles, Breitbard has worked
successfully across a variety of functions including merchandising, real
estate, marketing, web commerce, and sourcing. He has a demonstrated track
record of creating effective go-to-market strategies that optimize product
appeal, customer experience in store and online, and marketing initiatives.
"I am thrilled by the opportunity to join Gymboree, an established leader in
the children's apparel market with strong brands, a loyal and valuable
customer franchise, a values-based culture, and a passionate team," said
Breitbard. "I look forward to working with our associates and leadership team
to build on the strategies they've developed and drive our growth
opportunities in our core business, in our new concepts such as Crazy 8, and
in our international markets."
A native San Franciscan, Breitbard, grew up in Los Angeles and graduated from
Vassar College. He earned an M.B.A. degree from the Haas School of Business
at the University of California, Berkeley.
About The Gymboree Corporation
The Gymboree Corporation's specialty retail brands offer unique, high-quality
products delivered with personalized customer service. As of October 27, 2012,
the Company operated a total of 1,228 retail stores, as follows: 634 Gymboree®
stores (consisting of 586 in the United States, 41 in Canada, 1 in Puerto Rico
and 6 in Australia), 156 Gymboree Outlet stores, 130 Janie and Jack® shops and
308 Crazy 8® stores in the United States. The Company also operates three
online stores at www.gymboree.com, www.janieandjack.com and www.crazy8.com,
and offers directed parent-child developmental play programs at 714 franchised
and Company-operated Gymboree Play & Music® centers in the United States and
42 other countries.
SOURCE The Gymboree Corporation
Contact: Kimberly Holtz MacMillan, +1-415-278-7228,
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