Jan 8 Mark Breitbard, president of the Gap Inc's
North American division is going to take over as Chief
Executive of children's clothes company Gymboree Corp, the
children's clothes company said on Tuesday.
Breitbard had taken over responsibility for Gap's domestic
performance in October, as a part of a major revamp in the
casual clothes retailer's management line up.
Breitbard's appointment at Gymboree is effective Jan. 14,
the company said, taking over from interim CEO Kip M. Garcia.
Gymboree was taken private by Bain Capital Partners for $1.8
billion in 2011. Chief Executive Matthew McCauley gave in his
resignation in September last year.