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Article: Gap Inc. Promotes Executives to Lead Gap and Banana Republic Brands; Company names Gary Muto, President, Gap U.S.; Maureen Chiquet, President, Banana Republic.
- Article from:
- Business Wire
- Article date:
- August 8, 2002
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Business Editors
SAN FRANCISCO--(BUSINESS WIRE)--Aug. 8, 2002
Gap Inc. (NYSE:GPS) today announced that Gary Muto, President, Banana Republic, has been named President, Gap U.S. Maureen Chiquet, Executive Vice President, Merchandising, Old Navy, will succeed Mr. Muto as President, Banana Republic.
Mr. Muto, 43, and Ms. Chiquet, 39, each have more than a dozen years of merchandising and management experience at the company. Both will report to Millard Drexler, Gap Inc. President and CEO, until a successor is named for Mr. Drexler, who is retiring from the company.
"I've worked closely with Gary and Maureen for many years, and both have ...