US children's wear retailer Gymboree has named Gap North America president Mark Breitbard as its new CEO.

He will join the company on 14 January, taking over from Kip Garcia. Garcia will resume his former duties as president, while interim COO Yvonne Hao will continue to work closely with the Gymboree management team as she returns to her role as an operating partner at Bain Capital.

Breitbard, who has also served as executive vice president of GapKids and babyGap, has also worked as president of Levi's US retail and held senior roles at Abercrombie & Fitch, Banana Republic and Old Navy.