Gap names Mark Hansen to head Gap stores


Gap names Mark Hansen to head Gap stores

Filed under: Management, Employees, Gap Inc (GPS)In the newest bit of musical chairs over at The Gap Inc. (NYSE:GPS), the company named Mark Hansen, currently of the Banana Republic unit, to head the flagship Gap brand. Mark Pressler recently resigned as CEO, and the company continues its search for a new top executive. Gap, which owns Banana Republic, Gap, and Old Navy has been struggling of late, and the Gap brand has been in a lot of trouble. According to the press release, "During the past 20 years, (Hansen) has developed a unique blend of deep merchandising expertise, extensive leadership experience and a real appreciation for the company's culture and creative heritage."The move to promote a man who has been with the company for 20 years could be ...

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