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Gap Turns to eToys Founder for Online Group
Toby Lenk rode famous dot-bomb eToys into the ground, but that hasn't deterred Gap (GPS Quote) from hiring him.
The apparel retailer on Thursday announced that it has hired Lenk to head its online operations. Lenk formerly served as founder and chief executive officer of eToys, which closed its doors after filing for Chapter 11 bankruptcy two years ago.
"Toby's intimate knowledge of online retailing will be a tremendous asset as we leverage our growing online businesses to serve our customers and provide a seamless and integrated shopping experience with our stores," Gap CEO Paul Pressler said in a statement. ...
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