Matthew K. McCauley
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Matthew K. McCauley | |
Born | 1973[1] |
---|---|
Residence | Millbrae, California, USA[2] |
Education | B.A. (1997) American Studies |
Alma mater | Brigham Young University |
Occupation | CEO of Gymboree |
Salary | US$ 645,000 |
Net worth | US$ 8,787,661[3] |
Religious beliefs | The Church of Jesus Christ of Latter-day Saints |
Matthew K. McCauley is an American businessman who is the CEO of the child clothing store Gymboree.[4] 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.[5][1] McCauley joined the 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 since January 2006 and as Chairman of the Board since July 2006.[3]
After McCauley ascension to CEO in January 2006, Gymboree posted it's first profitable Q2 in 10 years, and McCauley was quickly rewarded with the Chairman's spot and a massive 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]
McCauley's first job was framing houses. He enjoys fixing things, and has cited that as a favorite part of his job. McCauley has listed his father, mother, and Stewart 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]
[edit] References
- ^ a b America's Youngest CEOs. Forbes Magazine. Retrieved on 2008-05-25.
- ^ a b Matthew K. McCauley. Brigham Young University. Retrieved on 2008-05-25.
- ^ a b Matthew McCauley. Forbes Magazine. Retrieved on 2008-05-25.
- ^ "CEO's Under 40". BusinessWeek. Retrieved on 2008-06-04.
- ^ a b "Executive Profile: Matthew McCauley. San Francisco Business Times. Retrieved on 2008-06-04.
- ^ "Jamboree at Gymboree". "Motley Fool". Retrieved on 2008-06-04.