Gap Inc., the parent company of the Athlete, Banana Republic, Gap, and Old Navy, hired Eric Chan as chief business and strategy officer and Amy Thompson as chief people officer, reporting to Gap, Inc. President and CEO Richard Dickson.
“Eric Chan and Amy Thompson will play a critical role in solidifying our foundation as we redefine Gap Inc. for a new era—one where operational rigor becomes a consistent cornerstone of strength for us, bolstered by best-in-class talent and a culture of creativity—all paving the way for brand reinvigoration and cultural relevance,” said Dickson.
With over 20 years of financial and operational experience working at Fortune 500 and startups, most recently as CFO of the LA Clippers, Chan is said to have a “proven track record of leading scaled, creative and entrepreneurial business strategies, fiscal and organizational goal setting and operations oversight.” Previously, Chan was the COO for The Bouqs Company and, before that, CFO for Loot Crate, where it is reported that “he helped scale the company from a startup to $165 million in revenue.”
“There is so much potential in Gap, Inc.’s portfolio of iconic brands, and I’m excited to join the team at such a pivotal moment in the company’s history,” said Chan. “I look forward to working alongside Gap, Inc. leadership to develop and execute against our strategic agenda.”
Chan joined Gap, Inc. last week.
“I’m thrilled that Eric will now be at the helm of our business and strategy operations, leading the development of Gap, Inc.’s corporate strategy and the critical business levers that will enable us to execute that strategy with excellence,” Dickson added.
As chief people officer, Thompson reportedly brings 25 years of experience leading “cultural change for companies and brands and scaled retail operations with a startup mentality.” Most recently, she was the CPO at Mattel, and, before that, the CPO at Toms and in HR executive roles at Starbucks and Ticketmaster.
Forbes, Fast Company, and the Great Place to Work Institute have recognized Thompson’s workplace achievements. She has succeeded Sheila Peters, CPO at Gap Inc. since 2020.
Thompson will join Gap, Inc. on January 22.
“I have long admired Gap Inc. for its dedication to its teams, customers, and the communities it serves,” Thompson said. “I look forward to working hand in hand with leadership to empower and energize the organization, creating a culture that thrives on collaboration, creativity, and purpose, that will serve as a strong foundation in this exciting new era.”
“Amy uniquely understands the careful alchemy of people, strategy and culture driving extraordinary results and has distinguished herself as a builder of purpose-driven, highly effective teams dedicated to driving business success. I’m confident she is the right leader to help us build a winning culture while championing values that allow Gap, Inc. to matter more to our teams, customers, and communities,” Dickson said.
Images courtesy Gap, Inc.
