Gap Inc. Announces Richard Dickson as New President and CEO

Richard Dickson, President and CEO, Gap, Inc. (Photo courtesy Gap, Inc.)

NEW YORK, July 31, 2023 (VSNewsNetwork.com) - In a recent announcement, U.S. specialty apparel giant, Gap Inc., revealed that Richard Dickson will assume the role of President and Chief Executive Officer, effective August 22, 2023.

Mayo A. Shattuck III, the lead independent director at Gap Inc., commented on the appointment, stating, “Richard has invaluable expertise in areas critical to the work Gap Inc. is doing to strengthen the company for the long term. And we are thrilled to have his visionary leadership as the company redefines the future potential of Gap Inc. and its renowned American fashion brands.”

Dickson's move to Gap Inc. follows a significant term as President and Chief Operating Officer at Mattel. At Mattel, he was celebrated for rejuvenating iconic brands, such as Barbie and Hot Wheels. Reflecting on the new journey ahead with Gap Inc., Dickson said, "Gap Inc. is a portfolio of iconic brands, known for having defined American style with bold thinking and making quality fashion accessible to millions. But it's the work ahead that excites me most - the chance to work hand-in-hand with the teams to evolve Gap Inc. for a new era. Under Bobby's leadership, the team has begun to truly reset the company for long-term success, establishing a new foundation that I'm eager to build on."

The transition was further underscored by Bobby Martin, the interim CEO, who expressed his confidence in Dickson: “Gap Inc. has a rich heritage, with brands that have great meaning in people’s lives. Amidst a deliberate and thoughtful search process, it became clear that Richard is destined for this role at this moment. His experience as a proven transformational brand builder and belief in the power of inclusivity make him a perfect fit for Gap Inc.”

Martin, set to continue as Chair of the Board, added, “I'm incredibly proud of the organization’s commitment to the success of this company, as they are embracing operational rigor, regaining product and customer obsession, with an eye on modernizing the way we work, all of which becomes a strong foundation for what’s ahead.”

For more information, visit Gapinc.com.

Source: Gap Inc.