GROVEPORT, Ohio — Presiding over his first Gap Inc. annual shareholders’ meeting Wednesday, president and chief executive Paul Pressler praised the retailer’s team and turnaround efforts, citing improvements in profits and sales last quarter, with Old Navy leading the revenue gains.

“We have a tremendous organization with extreme talent,” said Pressler, who left a 15-year career with Disney to join Gap Inc. in September and has since brought four former Disney executives on board. “The depth of talent is the key to the success that we’re seeing.”

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