Gap CEO Sonia Syngal Is Stepping Down

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Hole changed chief government Sonia Syngal after slightly greater than two years on the job, making her the newest chief who has been unable to assist the casual clothing company regain its standing amongst American consumers.

The attire retailer mentioned Monday its government chairman Bob Martin, a former Walmart government, would function interim CEO efficient instantly whereas it searches for a everlasting alternative. The corporate additionally mentioned it employed former Walmart government Horacio Barbeito to take over as CEO of the Outdated Navy chain. Hole mentioned Ms. Syngal additionally resigned from the corporate’s board.

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