Gap Inc. Appoints New Chief Financial Officer to Start in January 2017
November 15 2016 - 4:15PM
Business Wire
Gap Inc. (NYSE: GPS) today announced the appointment of Teri
List-Stoll as executive vice president and chief financial officer,
effective January 17, 2017. List-Stoll will report to Gap Inc.
chief executive officer Art Peck and will serve on the company’s
senior leadership team.
“Teri is a seasoned finance leader with more than three decades
experience, including top leadership positions at global consumer
goods companies,” said Art Peck, chief executive officer, Gap Inc.
“As we remain focused on accelerating our transformation, Teri’s
expertise will help us drive our long-term financial objectives and
continue our commitment to long-term shareholder value.”
List-Stoll will succeed Sabrina Simmons, whose departure was
previously announced on November 2, 2016, and will
have oversight of the company’s global finance function,
as well as loss prevention and corporate administration divisions.
Once List-Stoll joins Gap Inc. in mid-January, Simmons will
shift into an advisory role through the end of the company’s fiscal
year.
“I have tremendous respect for the brands in Gap Inc.’s global
portfolio, and I am excited to join the company during a time of
transformative change,” said List-Stoll. “I look forward to
continuing Gap Inc.’s commitment to a strong balance sheet and
operating discipline and supporting the company’s long-term growth
strategy.”
Most recently, List-Stoll held the position of executive vice
president and chief financial officer for Dick’s Sporting Goods,
Inc. Previously, she served in senior finance roles, including
chief financial officer for Kraft Foods Group, Inc. List-Stoll
spent almost two decades growing her career at The Procter &
Gamble Company, where she ultimately served as senior vice
president and treasurer. She began her career at Deloitte &
Touche LLP.
List-Stoll serves on the board of directors and audit committees
for Microsoft and Danaher. She received her B.A. in Business
Administration from Northern Michigan University and is a Certified
Public Accountant.
About Gap Inc.
Gap Inc. is a leading global retailer offering clothing,
accessories, and personal care products for men, women, and
children under the Gap, Banana Republic, Old Navy, Athleta, and
Intermix brands. Fiscal year 2015 net sales were $15.8 billion. Gap
Inc. products are available for purchase in more than 90 countries
worldwide through about 3,300 company-operated stores, about 450
franchise stores, and e-commerce sites. For more information,
please visit www.gapinc.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161115006727/en/
Gap Inc.Investor Relations Contact:Tina Romani,
415-427-5264Investor_relations@gap.comorMedia Relations
Contact:Jennifer Poppers, 415-427-1729Press@gap.com
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