GAP PROMOTES GREEN
NEW YORK — In another reshuffling of the executive ranks at Gap Inc., Nancy Green has been promoted to senior vice president of women’s merchandising for Gap brand.
Green succeeds Lisa Salamone, who has resigned after 16 years with Gap, and reports to Gap president Ken Pilot.
Most recently, Green was senior vice president of kids and baby merchandising for the Old Navy division.
“Nancy’s a strong leader and merchant with a proven track record at our company,” Pilot said in a statement. “She knows how to motivate and focus her team to consistently deliver the right products to customers in a compelling way.”
In a related move, Maureen Chiquet was promoted to executive vice president of all merchandising and production at Old Navy. A 12-year veteran at Gap Inc., Chiquet most recently supervised adult and accessories merchandising at Old Navy. She continues to oversee those areas and adds those previously managed by Green. She continues to report to Jenny Ming, president of Old Navy.
The executive merry-go-round has functioned at a rapid pace since Gap’s results began to decline in the second half of last year. Since last September, departing executives have included Jim Nevins, former executive vice president of global marketing; Chuck Ferer, Old Navy’s former vice president of finance; Scott Olivet, senior vice president of real estate, and Lisa Shultz, who yielded to Jerome Jessup as executive vice president of product design and development for the Gap brand worldwide. In most cases, their successors have come from Old Navy and Banana Republic.