Gap Inc. Appoints New Head of Athleta
September 24 2019 - 6:15PM
Business Wire
Gap Inc. (NYSE: GPS) Gap Inc. today announced the
appointment of Mary Beth Laughton as president and chief executive
officer of Athleta. Laughton will begin her new role in late
October and will serve on Gap Inc.’s senior leadership team
reporting to president and chief executive officer Art Peck.
“Mary Beth brings a strong background in digital operations, a
keen understanding of customers and an ability to deliver
innovative experiences,” said Peck. “She is the right leader for
Athleta, with a proven track record in driving consistent results
in multiple growth markets, including performance apparel and
beauty.”
“Athleta is a powerful brand that empowers women and girls
through its inclusive, inspirational community and I am excited
about the significant opportunity ahead for us,” said Laughton.
“With innovative and sustainable product, beautiful marketing and a
strong B Corp certification, Athleta is well positioned to grow and
capture market share.”
Laughton is a 20+ year retail and digital executive with a
strong background in driving omni-channel growth through innovative
experiences at companies, including Sephora and Nike. Most
recently, she was EVP of Omni retail for Sephora U.S. leading both
the e-commerce and stores channels. She has overseen areas
including digital marketing and merchandising, store operations and
field, CRM/analytics, omnichannel experience and digital
innovation. Additionally, during her tenure, Laughton increased the
company’s online business 5x and improved store performance through
a focus on innovative customer experiences coupled with operational
rigor.
Prior to that, Laughton spent nine years at Nike, in a variety
of roles including general manager of e-commerce for Europe and the
director of e-commerce for Nike subsidiaries, including Cole Haan,
Converse and Hurley. She has been a board member of REI since 2017.
Laughton began her career at McKinsey & Company, focusing on
the retail and digital sectors. She graduated from Harvard Business
School with a Master of Business Administration and received a
Bachelor of Science in Accounting and Finance from Indiana
University.
About Gap Inc.
Gap Inc. is a leading global retailer offering clothing,
accessories, and personal care products for men, women, and
children under the Old Navy, Gap, Banana Republic, Athleta,
Intermix, Janie and Jack, and Hill City brands. Fiscal year 2018
net sales were $16.6 billion. Gap Inc. products are available for
purchase in more than 90 countries worldwide through
company-operated stores, franchise stores, and e-commerce sites.
For more information, please visit www.gapinc.com.
About Athleta:
A certified B Corporation, Athleta creates versatile premium
performance apparel designed by women athletes to inspire a
community of active, confident women and girls to reach their
limitless potential. Founded in 1998, Athleta integrates
performance and technical features across its collection to carry a
woman through her life in motion – from yoga and training to
commute and travel. In 2016 the company launched Athleta Girl
mirroring its signature performance in styles for the next
generation. Based in San Francisco, CA and a Gap Inc. brand (NYSE:
GPS), Athleta apparel is available at its about 170 retail stores
across the country, through its catalog, and at Athleta.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190924006089/en/
Press Contacts: Trina Somera press@gap.com
415-427-3145
Kate Flannery press@athleta.com 415-427-9410
Investor Relations: Tina Romani
Investor_relations@gap.com 415-427-5264
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