Bebe names Singh to board of directors
Brisbane, Calif. — Veteran entrepreneur and executive Narry Singh has been named to the board of directors of Bebe Stores.
Singh, who holds more than 20 years of business experience with a focus on digital entertainment, new media, software and e-commerce, was most recently chief executive of mobile entertainment provider Outfit7.
Toys ‘R’ Us names interim CEO
New York — Toys "R" Us has appointed Antonio Urcelay, 61, the head of its European operations, as interim CEO, according to a filing the retailer made on Monday with the Securities and Exchange commission, The Record reported.
Urcelay replaces Gerald Storch, who announced in February that he would be stepping. At the time, Storch said he would remain as CEO during the transition. While his role as chief executive ended Sunday, he continues to serve as chairman of the board.
Urcelay will continue to serve in his current role as the president of Toys "R" Us, Europe, while the chain searches for a permanent CEO.
In other news, Michael D. Fascitelli and Michael Ward have resigned their spots on the Toys "R" Us board of directors. Fascitelli has been a director of the board since 2005, while Ward has been a director since 2007.
Taking their place are Joseph Macnow, who has served as EVP of finance and administration and CFO of Vornado Realty Trust since January 1998, and Greg Why, who has served as an operating partner at Bain Capital since December 2009.
Additionally, the board filled two vacancies with its appointments of Adam Waglay and Dan Guglielmone. Waglay has served as a principal at Kohlberg Kravis Roberts & Co. since July 2010. Guglielmone has served as SVP of Vornado since September 2003.
Former Gap VP named CEO of David’s Bridal
Conshohocken, Pa. — David’s Bridal has named Pamela B. Wallack as CEO, effective May 28. She joins David’s Bridal from Gap Inc., where she has held senior positions since 2005.
Wallack was the president of Gap Adult, Body and Accessories from 2010 to 2011 and the president of Gap Kids and Baby from 2005 to 2010. In 2011, she was tapped to establish and lead the Gap Global Creative Center, responsible for global design, marketing and production
“Pam, whom I know from my days at the Gap and before that at Disney, brings extraordinary strategic, branding and merchandizing capabilities that will complement our talented leadership team as we work to increase our sophistication and effectiveness in serving our customers at a critical juncture in their lives,” said Paul S. Pressler, former Gap CEO and now chairman of David’s Bridal, and Clayton, Dubilier & Rice Partner.(A fund-managed by Clayton, Dubilier & Rice, a private investment firm, acquired David’s Bridal in October 2012.)
Prior to Gap, Wallack spent seven years at Toys “R” Us, Inc. where she was responsible for product development, production and merchandising for the Babies “R” Us/ Toys “R” Us juvenile and apparel line. Wallack has also spent time at other retail brands including Coach, The Disney Store and Laura Ashley.