SAN
FRANCISCO, Jan. 12, 2024 /PRNewswire/ -- Gap Inc.
(NYSE: GPS) today announced the appointment of Eric Chan as Chief Business and Strategy
Officer, effective this week, and Amy
Thompson as Chief People Officer, effective January 22. Both leaders will join Gap Inc.'s
executive leadership team and report to Gap Inc. President and
Chief Executive Officer, Richard
Dickson.
"Eric Chan and
Amy Thompson will play a critical
role in solidifying our foundation as we redefine Gap Inc. for a
new era – one where operational rigor becomes a consistent
cornerstone of strength for us, bolstered by best-in-class talent
and a culture of creativity – all paving the way for brand
reinvigoration and cultural relevance," said Dickson.
With more than 20 years of financial and
operational leadership experience at both Fortune 500 and start-up
companies, most recently as CFO of the LA Clippers, Chan has a
proven track record of leading scaled, creative and entrepreneurial
business strategies, fiscal and organizational goal setting and
operations oversight. Previously, Chan served as COO for The Bouqs
Company and, prior to that, CFO for Loot Crate, where he helped
scale the company from a startup to $165
million in revenue.
"There is so much potential in Gap Inc.'s
portfolio of iconic brands, and I'm excited to join the team at
such a pivotal moment in the company's history," said Chan. "I look
forward to working alongside Gap Inc. leadership to develop and
execute against our strategic agenda."
"I'm thrilled that Eric will now be at the helm
of our business and strategy operations, leading the development of
Gap Inc.'s corporate strategy and the critical business levers that
will enable us to execute that strategy with excellence," Dickson
added.
As Chief People Officer, Thompson brings 25 years
of experience leading cultural change for world-class companies,
iconic brands, and scaled retail operations balancing rigor and
excellence with a start-up mentality. She most recently served as
Chief People Officer at Mattel, and before that as Chief People
Officer at TOMS and in HR executive roles at Starbucks
and Ticketmaster. During her time at Mattel, Thompson
successfully led the effort to elevate corporate mission, purpose,
and values, while supporting a comprehensive business
transformation with an improved operating model, talent
initiatives, and enhanced performance incentive programs. The
culture and results Thompson has driven have been recognized by
Forbes, Fast Company, and the Great Place to Work
Institute. She succeeds Sheila
Peters, who has served as Chief People Officer at Gap Inc.
since 2020.
"I have long admired Gap Inc. for its dedication
to its teams, customers, and the communities it serves," Thompson
said. "I look forward to working hand in hand with leadership to
empower and energize the organization, creating a culture that
thrives on collaboration, creativity, and purpose, that will serve
as a strong foundation in this exciting new era."
"Amy uniquely understands the careful alchemy of
people, strategy and culture driving extraordinary results and has
distinguished herself as a builder of purpose-driven, highly
effective teams dedicated to driving business success. I'm
confident she is the right leader to help us build a winning
culture, while championing values that allow Gap Inc. to matter
more to our teams, customers and communities," Dickson said.
About Gap Inc.
Gap Inc., a collection of purpose-led lifestyle brands, and is the
largest American specialty apparel company offering clothing,
accessories, and personal care products for men, women, and
children under the Old Navy, Gap, Banana Republic, and
Athleta brands. The company uses omni-channel capabilities to
bridge the digital world and physical stores to further enhance its
shopping experience. Gap Inc. is guided by its purpose, Inclusive,
by Design, and takes pride in creating products and experiences its
customers love while doing right by its employees, communities, and
planet. Gap Inc. products are available for purchase worldwide
through company-operated stores, franchise stores, and e-commerce
sites. Fiscal year 2022 net sales were $15.6
billion. For more information, please visit
www.gapinc.com.
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SOURCE Gap Inc.