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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.
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.
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 ...
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] The son of Gap Inc. co-founders Donald Fisher and Doris F. Fisher, he has been involved with the ...
To be sure, Gap enters the second half of the year in chaos mode and in bad need of a leader to take charge. Last week, Gap fired CEO Sonia Syngal after another quarterly sales warning — its ...
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]
Within retail, these departures come after two years of relative stability for the industry.
On February 19, 2014, Glenn Murphy, then CEO of Gap Inc., announced that Gap would raise the minimum wages for its 65,000 U.S. store employees. [ 87 ] In 2020, the Australian Strategic Policy Institute accused at least 82 major brands, including Gap Inc., of being connected to forced Uyghur labor in Xinjiang .