Gap Inc. Appoints New Global Head of Banana Republic
March 14 2017 - 4:15PM
Business Wire
Gap Inc. (NYSE:GPS) today announced the appointment of Mark
Breitbard as president and chief executive officer of Banana
Republic. Breitbard will report to Art Peck, president and chief
executive officer of Gap Inc., and will serve on the company’s
senior leadership team. Peck will continue to directly oversee
Banana Republic until Breitbard joins the company in early May.
“Mark brings significant retail leadership experience to Gap
Inc., along with deep knowledge of the company and our customer,”
said Peck. “We know what Banana Republic is capable of, and Mark’s
ability to drive transformation and innovation will help revitalize
the brand and position it to achieve its long-term potential.”
“I believe there’s tremendous opportunity for Banana Republic to
differentiate itself with optimized product and customer
experiences,” said Breitbard. “I’m looking forward to working with
the Banana Republic team to build the brand for the future.”
Most recently, Breitbard served as chief executive officer at
The Gymboree Corporation from 2013 until early 2017. From 2010 to
2013, Breitbard held leadership positions across Gap North America,
where he was instrumental in delivering the product-led resurgence
of Gap’s North America business. He also served as chief
merchandising and creative officer of Old Navy from 2009 to early
2010. Previously, Breitbard served in leadership roles at Levi
Strauss & Co. and Abercrombie & Fitch.
Breitbard graduated from Vassar College and earned a Master of
Business Administration from the Haas School of Business at the
University of California, Berkeley.
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 2016 net sales were $15.5 billion. Gap
Inc. products are available for purchase in more than 90 countries
worldwide through about 3,200 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/20170314006336/en/
Gap Inc.Investor Relations Contact:Tina Romani,
415-427-5264Investor_relations@gap.comMedia Relations
Contact:Kari Shellhorn, 415-427-1805Press@gap.com
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