Childrenswear specialist Gymboree Corporation has announced that its Board of Directors has approved several executive changes.
Lisa Harper, currently CEO and Chairman of the Board, has been appointed to the newly created position of Chief Creative Officer and will continue as Chairman.
Matthew McCauley, currently serving as President, has been promoted to CEO. Kip Garcia, Senior Vice President of Merchandising, has been promoted to the position of President. Blair Lambert will continue in the role of COO and CFO.
Lisa Harper joined Gymboree Corporation in January 1999 as VP, Design and has served as CEO since February 2001 and Chairman of the Board since June 2002. She has overseen the significant financial turnaround of the company including expansion of the Gymboree brand, the launch of a multi-brand strategy and reinvigoration of the Play & Music franchise business.
Ms Harper said, "I am excited to have the opportunity to focus on product and brand development while remaining actively involved in the management of the company. Matthew, Blair, Kip and the other members of senior management represent an incredibly talented team and are well positioned to lead the Company through its next phase of growth."
Matthew McCauley began his career with Gymboree in July 2001 as Director of Allocation and was promoted to President in June 2005. Prior to joining the company, he was held for various positions at Gap Inc and Payless ShoeSource Inc.
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