Gap Inc. has named Teri List-Stoll as executive vice president and chief financial officer, effective Jan. 17, when she succeeds Sabrina Simmons whose departure was disclosed Nov. 2.

List-Stoll will report to Gap Inc.’s chief executive officer Art Peck and will serve on the company’s senior leadership team.

“Teri is a seasoned finance leader with more than three decades experience, including top leadership positions at global consumer goods companies,” Peck said. “As we remain focused on accelerating our transformation, Teri’s expertise will help us drive our long-term financial objectives and continue our commitment to long-­term shareholder value.”

List-Stoll will oversee the company’s global finance function, as well as loss prevention and corporate administration. In mid-January, Simmons will shift into an advisory role through the end of the company’s fiscal year.

“I have tremendous respect for the brands in Gap Inc.’s global portfolio, and I am excited to join the company during a time of transformative change,” List-Stoll said.

Most recently, List-Stoll was executive vice president and chief financial officer for Dick’s Sporting Goods Inc. Previously, she served in senior finance roles, including chief financial officer for Kraft Foods Group Inc. She also spent almost two decades at The Procter & Gamble Co., where she rose to senior vice president and treasurer. She began her career at Deloitte & Touche LLP.

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