Gymboree Names New President and CEO

The Gymboree Corporation announced this week the appointment of Daniel Griesemer as the company's new president and CEO. Griesemer joins Gymboree after a successful five-year tenure leading Tillys, an action sports-inspired teen and young adult apparel retailer where he also served as president and CEO. Griesemer assumes his responsibilities from Interim CEO Mark Weikel, who will continue his role as a member of the Gymboree's board of directors.

"We're extremely pleased to welcome Dan to the Gymboree team," said Lew Klessel, a member of the company's board of directors. "He's an agile and experienced retail executive with an established track record of building customer loyalty in an omnichannel environment. Dan's proven leadership in the specialty store sector, combined with his operational and financial experience, make him an ideal person to lead Gymboree into the future as the team works to establish a sustainable capital structure and position the company for long-term success."

In addition to his experience at Tillys, Griesemer previously served as president and CEO at Coldwater Creek, a women's clothier, and held executive leadership positions at Gap Inc., GapKids and Gap Inc. International division. He began his career with Macy's Stores.