Thursday August 13, 11:29 am Eastern Time
Company Press Release
SOURCE: Gymboree Corporation
Gymboree Supports Growth With New Vice Presidential Appointments
BURLINGAME, Calif., Aug. 13 /PRNewswire/ -- Leading children's apparel retailer and play program franchiser Gymboree Corporation (Nasdaq: GYMB - news) has named three new vice presidents to support the company's growth. The announcement was made by Gymboree CEO Gary White, who is spearheading the company's aggressive plans.
The newly appointed vice presidents, each of whom brings extensive experience to their respective areas, are:
F. Mario Petrocco, Vice President & Treasurer
Edward Wong, Vice President, Merchandise Planning & Allocation
Susan Neal to Vice President, Business Development
As Vice President and Treasurer, Petrocco will be responsible for managing all treasury functions, foreign exchange borrowing, insurance and investment/portfolio management. Most recently the treasurer of Chela Financial, Inc., Petrocco has an MBA in finance and a BA in economics from the University of Denver.
Wong joins Gymboree as Vice President of Merchandise Planning and Allocation, a part of the designated leadership team for the merchandising organization. Prior to joining Gymboree, Wong was the divisional Vice President of Retail Planning for Eddie Bauer. Wong is a graduate of the University of California in San Diego and has a strong background in merchandise planning, buying and systems development.
In the position of Vice President of Business Development, Neal will continue to develop initiatives of growth and expansion with which she was involved as consultant to the company in 1994 and later as Gymboree's Director, Business Development. In those positions, she led the business analysis and development of many of Gymboree's new business initiatives, including the company's global expansion. In her new role Neal will continue to explore other exciting opportunities for Gymboree's product extension and develop new channels of delivery. Formerly a senior consultant at Deloitte & Touche, Neal holds a Bachelor's degree from Harvard University and an MBA from INSEAD.
''With each new appointment, we mark the continuous commitment we've made to our growth expansion in the next millennium,'' says White.
The Gymboree Corporation designs, manufactures and retails a complete line of children's fashion: apparel, accessories and play products exclusively in 500 Gymboree owned and managed retail stores in the United States, Canada, the United Kingdom and the Republic of Ireland. Gymboree Play Programs is also the founder and worldwide leader in interactive parent/child play programs with over 390 locations in 10 countries around the world.
SOURCE: Gymboree Corporation |
