Gymboree’s Chief Financial Officer to Resign

Gymboree Corp. said James Curley will resign as senior vice president and chief financial officer of the children’s apparel maker and retailer to pursue other interests. Curley, 42, said he will remain with the Burlingame-based company until the end of January. He has been its CFO for about five years. Gymboree said it hopes to name a replacement for Curley soon. Although Curley played a large part in Gymboree’s success, his departure isn’t expected to weaken investor confidence or the company’s financial performance, analysts said. Last year, Gymboree’s net income rose 20%, to $31.8 million, and revenue increased 17%, to $303.1 million. Gymboree’s stock has risen 26% so far this year, just trailing the 28% rise of the Standard & Poor’s index of small-cap specialty retailers. Gymboree shares fell 6 cents to close at $28.69 on Nasdaq.