Myles McCormick, chief financial officer at apparel store chain The Gymboree Corporation, has resigned from the company.

Blair Lambert, who is taking on the position of Gymboree's chief operating officer next month, will also take on responsibility for the company's finance functions.
Lambert has been on the company's board of directors since 2003 and will oversee finance, real estate, store operations, distribution and information systems.

Gymoree's chairman and chief executive officer, Lisa Harper, said that Lambert's knowledge of the company would help make the change a "very smooth" one.

The Gymboree Corporation operates 585 Gymboree retail stores, 54 Janie and Jack retail shops, and 13 Janeville stores throughout the US and Canada.