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Finance & Capital Management

  • Gymboree names former Gap exec as CEO

    San Francisco -- Gymboree Corp. announced Tuesday that it has appointed Mark Breitbard as CEO, effective Jan. 14. Breitbard joins Gymboree from Gap Inc., where he was president of Gap North America.

    He also has served as EVP of GapKids and babyGap.

    Breitbard succeeds interim CEO Kip M. Garcia, who will resume his former duties as president. Garcia stepped in when former CEO Matthew McCauley resigned last September.

    Interim COO Yvonne Hao will return to her role as an operating partner at Bain Capital.

     

  • Whole Foods Market names information chief

    Austin, Texas -- Whole Foods Market announced Tuesday the hiring of Jason J. Buechel as global VP and chief information officer, effective immediately.

    Buechel will report to co-CEO Walter Robb and CFO Glenda Flanagan.
     
    Buechel previously was a senior executive and managing director, retail operations, for Accenture.
     

  • Wolverine Worldwide announces new operating groups

    Rockford, Mich. -- Wolverine Worldwide said Tuesday it will make several organizational moves to drive future growth and global brand building in the wake of its October 2012 acquisition of the Performance & Lifestyle Group.

  • Wolverine steps up global brand building

    ROCKFORD — Wolverine Worldwide is making organizational changes to drive its future growth and global brand building.

    Capitalizing on the momentum following Wolverine’s October 2012 acquisition of the Performance & Lifestyle Group, it will migrate from four to three brand operating groups. Wolverine expects the new operating group alignment to maximize brand synergies and leverage global growth opportunities. Veteran company leaders Ted Gedra, Mark Neal and Jim Zwiers will lead the new operating groups.

  • Glimcher acquires University Park Village for $105 million

    Fort Worth, Texas -- Columbus, Ohio-based Glimcher Realty Trust announced Monday the acquisition of University Park Village, an open-air center located in Fort Worth, Texas.

    The 173,220-sq.-ft. center is 97% occupied, generates sales of more than $800/sq. ft., and is tenanted by Apple, Anthropologie, J. Crew, Lululemon Athletica and Madewell, among others.

    Glimcher purchased University Park Village for $105 million.

  • Ascena Retail Group nabs new CFO

    SUFFERN, N.Y. — Ascena Retail Group has named Dirk Montgomery as its new EVP and CFO.

    Current EVP and CFO Armand Correia is retiring after 21 years with the specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women and tween girls, under the Justice, Lane Bryant, Maurices, Dressbarn and Catherines brands.

  • Eisenhower Square sees tenant additions

    Savannah, Ga. -- Brixmor Property Group announced the recent openings of a 34,103-sq.-ft. Save-A-Lot and a 1,000-sq.-ft. Maison De Macarons at Eisenhower Square, located in Savannah, Ga.

    Also, a lease has been executed for an 8,640-sq.-ft. Generation One, a hospital-based, senior-related healthy aging program.

    Brixmor, based in New York City, is the owner of Eisenhower Square.

     

  • Newell Rubbermaid exec joins Aaron’s

    Andrea Freeman has joined lease-to-own retailer Aaron’s as VP of marketing.

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