RILA welcomes new Board Chairman Brian Cornell chairman and CEO of Target Corporation

Semi-Annual Meeting Brings New Chairman, Four New Board Members​

Arlington , VA, 2018-Jan-24 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) announced today (1/22/2018) that four top retail executives have been selected to join the association’s Board of Directors in an election that took place during the Board’s semi-annual meeting, held Sunday in Tucson, Arizona. In addition, RILA welcomed a new Board Chairman, Brian Cornell, chairman and chief executive officer of Target Corporation. Cornell, who succeeds former Chairman Bill Rhodes of AutoZone, will serve a two-year term.

New to the association’s Board of Directors are:

  • Gina Boswell, President, Customer Development, Unilever
  • Mark Breitbard, President & Chief Executive Officer, Banana Republic, Gap Inc.
  • Michele Buck, President & Chief Executive Officer, The Hershey Co.
  • Richard Keyes, President & Chief Executive Officer, Meijer, Inc.

“The past year was one of tremendous change in retail as we saw fundamental shifts in where and how people choose to shop. We also saw firsthand the power of our industry when we find common ground and advocate for consumers.  As RILA’s Chairman, I’m looking forward to the opportunity to build upon our shared successes and help drive positive change for our customers, our teams and our industry,” said Brian Cornell, chairman and chief executive officer, Target Corporation.

For a full Q&A with Brian Cornell about his upcoming chairmanship, click here.

“RILA is fortunate to be led by such an exceptional Board of Directors. Our success is in large part a result of their commitment to collaborate with one another and provide us with critical insights and direction,” said RILA President Sandy Kennedy. “We’re thrilled to welcome four additional Board members this year and we’re confident that we will continue to accomplish great things under Brian’s leadership.”

The 2018 RILA Board of Directors:

  • Brian Cornell, Chairman & Chief Executive Officer, Target Corporation (Chairman)
  • Mary Dillon, Chief Executive Officer, ULTA Beauty (Vice Chairman)
  • Bill Rhodes, Chairman, President & Chief Executive Officer, AutoZone, Inc. (Immediate Past Chairman)
  • James Myers, Chairman, Petco Holdings, Inc. (Treasurer)
  • Robert Niblock, Chairman & Chief Executive Officer, Lowe’s Companies, Inc. (Secretary)
  • Gina Boswell, President, Customer Development, Unilever*
  • Mark Breitbard, President & Chief Executive Officer, Banana Republic, Gap Inc.*
  • Shelley Broader, President & Chief Executive Officer, Chico’s FAS, Inc.
  • Michele Buck, President & Chief Executive Officer, The Hershey Co.*
  • James Dinkins, President, Coca-Cola North America, The Coca-Cola Company
  • Marvin Ellison, Chairman & Chief Executive Officer, J.C. Penney Company, Inc.
  • Alexander Gourlay, Co-Chief Operating Officer, Walgreens Boot Alliance and President, Walgreen Co.
  • Alan Hoskins, Chief Executive Officer, Energizer Holdings, Inc.
  • Joe Jensen, Vice President, Internet of Things Group, and General Manager, Retail Solutions Division, Intel Corporation
  • Richard Johnson, President & Chief Executive Officer, Foot Locker, Inc.
  • Hubert Joly, Chairman & Chief Executive Officer, Best Buy Co., Inc.
  • Richard Keyes, President & Chief Executive Officer, Meijer, Inc.*
  • Stephen Laughlin, Vice President & Global Industry Leader, Retail, IBM Corporation
  • Craig Menear, Chairman, Chief Executive Officer & President, The Home Depot, Inc.
  • Michael Polk, Chief Executive Officer, Newell Brands
  • Steve Rendle, President & Chief Executive Officer, VF Corporation
  • Gregory Sandfort, Chief Executive Officer, Tractor Supply Company
  • Jill Standish, Senior Managing Director, Global Retail Consulting Practice, Accenture
  • Todd Vasos, Chief Executive Officer, Dollar General Corporation
  • Sandra Kennedy, President, Retail Industry Leaders Association

*Denotes Newly Elected Member

RILA is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs, and more than 100,000 stores, manufacturing facilities, and distribution centers domestically and abroad.

Contact:
Christin Fernandez
Vice President, Communications
Phone: 703-600-2039
Email: christin.fernandez@rila.org

Source: RILA

Gap Inc. announces the appointment of Mark Breitbard as president and CEO of Banana Republic

SAN FRANCISCO, 2017-Mar-17 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today (March 14, 2017) announced the appointment of Mark Breitbard as president and chief executive officer of Banana Republic. Breitbard will report to Art Peck, president and chief executive officer of Gap Inc., and will serve on the company’s senior leadership team. Peck will continue to directly oversee Banana Republic until Breitbard joins the company in early May.

“Mark brings significant retail leadership experience to Gap Inc., along with deep knowledge of the company and our customer,” said Peck. “We know what Banana Republic is capable of, and Mark’s ability to drive transformation and innovation will help revitalize the brand and position it to achieve its long-term potential.”

“I believe there’s tremendous opportunity for Banana Republic to differentiate itself with optimized product and customer experiences,” said Breitbard.  “I’m looking forward to working with the Banana Republic team to build the brand for the future.”

Most recently, Breitbard served as chief executive officer at The Gymboree Corporation from 2013 until early 2017. From 2010 to 2013, Breitbard held leadership positions across Gap North America, where he was instrumental in delivering the product-led resurgence of Gap’s North America business. He also served as chief merchandising and creative officer of Old Navy from 2009 to early 2010. Previously, Breitbard served in leadership roles at Levi Strauss & Co. and Abercrombie & Fitch.

Breitbard graduated from Vassar College and earned a Master of Business Administration from the Haas School of Business at the University of California, Berkeley.

About Gap Inc.

Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Fiscal year 2016 net sales were $15.5 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Contact: 

650-952-4400

Source: Gap Inc.

The Gymboree Corporation: Mark Breitbard to assume role of Chairman of the Board of Directors; will step down as CEO

SAN FRANCISCO, 2017-Jan-30 — /EPR Retail News/ — The Gymboree Corporation (“Gymboree” or the “Company”), today (January 26, 2017) announced that Mark Breitbard will assume the role of Chairman of the Board of Directors effective February 1, 2017, and will be stepping down as Chief Executive Officer, once a successor has been appointed.

“I have given serious thought to the evolving needs of The Gymboree Corporation as an organization, and I believe this is the right time for the Board of Directors to identify a new CEO to lead the Company forward as we continue to focus on the strategic plans for our brands,” said Breitbard.

The Board of Directors will initiate a search to identify a successor Chief Executive Officer to lead the Company going forward.

“The board is grateful to Mark for his passion, leadership and significant contributions to Gymboree during his tenure, especially for building a very talented management team that will help lead the future of the Company,” said Lew Klessel, a member of the Board of Directors.  “We are also excited that Mark will remain with the Company as Chairman and continue to serve as CEO to ensure a smooth transition.”

About The Gymboree Corporation

The Gymboree Corporation’s specialty retail brands offer unique, high-quality products delivered with personalized customer service. As of October 29, 2016, the Company operated a total of 1,300 retail stores: 591 Gymboree® stores (541 in the United States, 49 in Canada and 1 in Puerto Rico), 174 Gymboree Outlet stores (173 in the United States and 1 in Puerto Rico), 150 Janie and Jack® shops (149 in the United States and 1 in Puerto Rico), and 385 Crazy 8® stores in the United States. The Company also operates online stores at www.gymboree.com, www.janieandjack.com and www.crazy8.com.

Cautionary Note Regarding Forward-Looking Statements

Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such statements include statements as to: Mr. Breitbard’s plans to step down as Chief Executive Officer, the future plans and strategic direction of the Company and other statements identified by words such as “estimates,” “expects,” “projects,” “plans,” “will,” and similar expressions. Potential risks and uncertainties include, but are not limited to, such factors as: our ability to attract a new Chief Executive Officer and the timing of any such hire, the ability of the Company to execute its strategic plans, particularly in light of the Company’s weaker than anticipated results of operations and other risk factors relating to our industry and business as detailed from time to time in Gymboree’s filings with the United States Securities and Exchange Commission, including Item 1A under the heading “Risk Factors” in the Company’s Transition Report on Form 10-K for the transition period from January 31, 2016 to July 30, 2016, filed with the SEC on October 28, 2016. The Company cautions investors not to place considerable reliance on the forward-looking statements contained in this press release.

Source: Gymboree Corporation