Exklusiver Live-Stream direkt von der World of Trading - 2 Tage mit einzigartigen Themen und Experten. Kostenlos teilnehmen + Videos erhalten. -w-
11.07.2022 23:12:25

Gap CEO Sonia Syngal To Step Down; Expects Q2 Sales To Decline

(RTTNews) - Specialty apparel company Gap Inc. (GPS) announced on Monday that the current President and Chief Executive Officer Sonia Syngal would be stepping down from her position and from the company's Board. She will leave the company after a brief transition period.

The company said that Bob Martin, the current executive chairman of the Board, will serve as interim president and chief executive officer, with immediate effect. Mayo Shattuck will continue to serve as a lead independent director.

The company also announced that Horacio "Haio" Barbeito would join the Gap Inc. Leadership Team as president and chief executive officer of Old Navy. He will take over his new position from August 1.

Gap said that it is expecting net sales in the second quarter to decline in the approximately high-single digit range, which is in-line with its prior expectations. Furthermore, the company now anticipates second quarter adjusted operating margin percentage to be zero to slightly negative.

Analysen zu Gap Inc.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Gap Inc. 23,61 13,62% Gap Inc.