Matthew K. McCauley
| Matthew K. McCauley | |
|---|---|
| Born | 1973[1] |
| Residence | Woodside, California, United States[2] |
| Education | B.A. (1997) American Studies |
| Alma mater | Brigham Young University |
| Occupation | CEO of Gymboree 2006-2012 |
| Salary | US$ 645,000 |
| Net worth | US$ 8,787,661[3] |
| Religion | The Church of Jesus Christ of Latter-day Saints |
Matthew K. McCauley is an American businessman and was the CEO of the child clothing store Gymboree from 2006 to 2012.[4]
Career
He received his B.A. in American Studies from Brigham Young University in 1997.[2] McCauley started his career at Payless Shoes and subsequently worked a variety of positions at The Gap, Inc., including Planning Manager from 2000 to 2001 and Manager of Business Solutions in 2001.[1][5] McCauley joined Gymboree in July 2001 as Director of Allocation and was named Vice President of Planning and Allocation in 2003, Senior Vice President and General Manager in February 2005, and President in June 2005. He has served as CEO from 2006 until 2012 and as Chairman of the Board since July 2006.[3]
After McCauley ascension to CEO in January 2006, Gymboree posted its first profitable second quarter in 10 years, and McCauley was quickly rewarded with the Chairman's spot and a major upswing in stock value. In his first six months, McCauley increased gross margin from 40.1% to 46.2%, net margin from 1.9% to 6.9%, and ROE from 8.1% to 21.7%.[6]
On September 24, 2012, Matthew K. McCauley provided notice of his resignation from his position as Chief Executive Officer of The Gymboree Corporation effective September 25, 2012. McCauley continued to serve as a member of the Board of Directors of the Company.[7]
McCauley has listed his father, mother, and Stuart Moldaw as his mentors in life and business. He said his hardest decision has been to close down Gymboree's Janeville division, which required substantial layoffs.[5]
Awards
Matthew McCauley received the Ernst & Young Entrepreneur Of The Year© Award in 2007. The Ernst & Young Entrepreneur Of The Year award is the world’s most prestigious business award for entrepreneurs, spanning more than 140 cities and 50 countries worldwide.
References
- 1 2 "America's Youngest CEOs". Forbes. 2006-07-06. Retrieved 2008-05-25.
- 1 2 "Matthew K. McCauley". Brigham Young University. Retrieved 2008-05-25.
- 1 2 "Matthew McCauley". Forbes. Retrieved 2008-05-25.
- ↑ "CEO's Under 40". BusinessWeek. Retrieved 2008-06-04.
- 1 2 "Executive Profile: Matthew McCauley". San Francisco Business Times. 2007-12-02. Retrieved 2008-06-04.
- ↑ "Jamboree at Gymboree". "Motley Fool". Retrieved 2008-06-04.
- ↑ " "Change in Directors or Principal Officers". "Yahoo Finance". Retrieved 2012-09-27.