Matthew K. McCauley
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| Matthew K. McCauley | |
|---|---|
| Born | 1973[1] |
| Residence | Woodside, California, USA[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] |
Matthew K. McCauley is an American businessman who was the CEO of the child clothing store Gymboree from 2006 to 2012.[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.[1][5] 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 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'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 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,[citation needed] spanning more than 140 cities and 50 countries worldwide.
References
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External links
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