Gap Inc., the parent of Athleta, has appointed Kirsten Green, the founder and managing partner of Forerunner Ventures, to the company’s Board of Directors, effective immediately.
“Green brings more than two decades of experience recognizing fundamental shifts in how people relate to the world and supporting the leaders who translate those shifts into generation-defining companies,” Gap Inc. said in a media release. “Since founding Forerunner in 2012, she led the firm to partner with more than 100 companies from their earliest stages through scale, including Oura, Chime, Hims & Hers, Faire, Wispr Flow, Suno, Warby Parker, Dollar Shave Club, and Town.”
Green founded Forerunner Ventures in 2012. Under her leadership, Forerunner has reportedly raised nearly $3 billion from leading institutional investors and established a track record of engaged founder partnerships from seed stage through IPO.
“Kirsten understands what it takes to turn bold ideas into lasting sources of growth,” said Mayo A. Shattuck III, Chair of the Board, Gap Inc. “Her experience partnering with businesses as they evolve and scale will add an important dimension to our Board.”
Green has earned 10 consecutive appearances on the Forbes Midas List, alongside recognition among TIME’s 100 Most Influential People, Forbes’ World’s 100 Most Powerful Women, Barron’s Most Influential Women in Finance and The New York Times’ Top 20 Venture Capitalists.
“Gap Inc.’s brands have an extraordinary place in people’s lives and in culture,” said Green. “I’m inspired by the momentum Richard and the team have created and the opportunity ahead to build on that legacy. I’m honored to join the Board and contribute to the company’s continued growth.”
Green’s appointment comes as Gap Inc. builds on the progress of its transformation, strengthening its core businesses while pursuing opportunities to extend the relevance and reach of its brands, including its recent expansion into beauty and accessories.
Images courtesy Forerunner Ventures
