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Syngal was seen as a potential savior for Gap when she took over as CEO in March 2020 from interim CEO and board member Robert Fisher, who in turn had stepped in for ousted chief executive Art Peck.
The news comes shortly after another major executive shift for the company in April, when Nancy Green stepped down from her role as president and CEO of Old Navy. Gap Inc. CEO Sonia Syngal to Step ...
Pressler left Disney in September of 2002 to become the chief executive at Gap Inc. after initially turning them down. [3] Gap was struggling with an over-expansion of store locations. Pressler brought in several other Disney executives. In summer 2004, he had Gap launch a new chain, Forth & Towne. He resigned on January 22, 2007. [7]
Gap's shares were down 21% under Syngal's CEO tenure compared to a 43% rise in the S&P 500. No permanent CEO at the Gap yet. Likely inventory bulge exiting the lackluster second quarter of sales.
[3] [5] He also helped launch Gap's Product Red campaign in 2006, a campaign that also partnered with other retailers such as Converse, Apple, and Nike. [5] He became CEO of Gap Inc. in February 2015. [3] [6] Peck stepped down as CEO of Gap Inc. in November 2019 with a bonus estimated at $8 million. [7]
Robert Joseph "Bob" Fisher (born August 26, 1954) is an American businessman who is the current chairman of Gap Inc. and has been a director since 1990; he was previously chairman of the board (2004–2007) and interim chief executive officer. [1]
In recent quarters, Gap Inc. has made progress under CEO Dickson, who came to the company from toymaker Mattel last summer after orchestrating the blockbuster comeback of Barbie, Mattel’s iconic ...
Sonia Syngal, CEO, Gap Inc. Syngal was born to Sushma and Satya Syngal in India, before her family moved to Canada at a young age. She later moved to the United States where she got her bachelor's degree in Mechanical Engineering from Kettering University in 1993.