US-based apparel retailer GAP Inc.’s CFO, Sabrina Simmons will be leaving the company. She will remain with the company through the end of 2016 to ensure the orderly transition in the coming months.
Art Peck, Chief Executive Officer of GAP said, “Throughout her 15-year tenure, Sabrina has been one of our most passionate and respected leaders. She was critical in establishing Gap’s capital structure framework and maintaining operating discipline across the enterprise, both of which have delivered significant value to our shareholders. After joining GAP in 2001, Simmons has traversed through key positions of Vice President and Treasurer to executive vice president. She served as the company CFO since late 2007.
Also Read – Gap Inc. appoints new Presidents of Gap & Banana Republic labels
GAP Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the GAP, Banana Republic, Old Navy, Athleta, and Intermix brands. The company’s products are available for purchase in more than 90 countries worldwide through about 3,300 company-operated stores, about 450 franchise stores, and e-commerce sites.
