Gap Inc. has selected the head of its fastest-growing brand as chief executive. The struggling apparel giant named Sonia Syngal, CEO of Old Navy since 2016, as chief executive officer, effective March 23. She will also join Gap’s board.
Syngal joined Gap Inc. in 2004, and has served in key leadership and general management roles, including managing director for the company’s Europe business, senior VP for Gap Inc.’s international division and international Outlet division. Prior to leading Old Navy, she was executive VP of global supply chain and product operations, responsible for managing Gap Inc.’s global supply chain.
The company also announced that board member Bobby Martin will take the role of executive chairman, effective March 23. Martin’s served as president and CEO of Wal-Mart International and is a former director at Dillard’s Inc. He has been on the Gap board since 2002.
The company also announced the election of two new members to serve on its board, effective April 1. It is adding Elizabeth Smith, former CEO of Bloomin’ Brands, and Amy Miles, who served as CEO of Regal Entertainment Group from 2009 to 2018.
