Gap CEO Syngal exits as margin squeeze deepens
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Gap (GPS) CEO Sonia Synga is Out, Q2 Outlook Updated
July 11, 2022 4:56 PM EDT(Updated - July 11, 2022 4:57 PM EDT)
Shares of Gap, Inc. (NYSE: GPS) fell over 3% after-hours Monday after announcing that President and CEO Sonia Synga will be stepping down from the company. The retailer named Chairman Bob Martin as president and CEO on an interim basis while it conducts a search for a new president and CEO.
My fellow board members and I want to thank Sonia for her steadfast leadership and many... More
