It said earlier this year that it expects adjusted earnings per share in fiscal 2019 to be "moderately above" a range of $1.70 to $1.75. Effective on your Start Date, your annual salary will be $1,300,000, payable every two weeks.
“I’m committed to fully realising the potential of our portfolio and the advantage of our scale, with a focus on strengthening the love that our millions of customers have for our brands. The company also announced Thursday that current board member Bobby Martin become executive chairman, also effective March 23.Gap is set to report fourth-quarter and full-year earnings on March 12.Syngal has been leading Old Navy's business since 2016. Its stock has fallen a little more than 50% over the past 12 months. She will also now be joining Gap's board of directors later this month, the company said.Got a confidential news tip? Global Business and Financial News, Stock Quotes, and Market Data and Analysis.Its stock closed Thursday down more than 6%, amid a broader sell-off.
Today our CEO Sonia Syngal was selected to join California Governor Gavin Newsom's Task Force on Business and Jobs Recovery.
Board Service. We want to hear from you."I'm committed to fully realizing the potential of our portfolio and the advantage of our scale, with a focus on strengthening the love that our millions of customers have for our brands," Syngal said in a statement. Syngal was heading Gap's Old Navy unit that has been a topic of much speculation after the company scrapped its plan to spin-off the unit in January. Rankings In 2018 , Sonia Syngal's compensation ranked 2,206th out of 13,541 executives tracked by ExecPay. Together with leaders of other businesses in California, including Apple, Salesforce and The Walt Disney Company, the task force will focus on tangible actions to support the quick and safe recovery of the state.
Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune's Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. We Empower, Engage and Elevate, connecting them to an amazing network that inspires and grows each others' efforts.You must be logged in to submit your story. The company has a market cap of about $4.99 billion. (Reuters) - Apparel retailer Gap Inc on Thursday named long-time executive Sonia Syngal as its new chief executive officer, nearly four months after the surprise exit of its then chief Art Peck. Sonia Syngal is the Chief Executive Officer of Gap Inc. leading the $16 billion business across all geographies and channels with a team of nearly 130,000 employees. After Indra Nooyi stepped down as PepsiCo head in 2018, 49-year-old Syngal is the highest-ranked Indian-American female CEO of a Fortune 500 company. Syngal also received $65.9K in non-equity incentive plan, $1.4M in option awards, $1.1M in salary and $68.7K in other compensation. From leaders, game changers, board members, executives, sportspersons and more, we engage with women who enrich the world with new ideas, innovations, inspiration and engagement.Picture Credit- The Indian ExpressYou will love it. "To do that, we must better prioritize initiatives and capabilities that will improve execution and drive value creation."Its shares climbed more than 1% in after-hours trading on the news.Sign up for free newsletters and get more CNBC delivered to your inboxThe retailer is calling for total same-store sales and net sales in fiscal 2019 to be down mid-single digits and down low-single digits, respectively. Please check your email inbox to confirm.This email is already subscribed to our newsletter.Founded by award winning journalist Shaili Chopra, SheThePeople.TV is the voice Indian women today need.In India, millions of women are getting online withevery passing year. But in 2020 she'll have an even bigger profile. In February 2019, it was announced that Old Navy will spin off from the organization to become a standalone public company in 2020, and with that, Syngal will join the small group of female CEOs in the Fortune 500. Syngal will receive an annual base salary … Salary. Indian American Sonia Syngal has been appointed as the CEO of retail giant Gap Inc. Syngal’s post will be effective from March 23, the company said in an announcement on Thursday. More to women power!SheThePeople.TV is India's biggest digital storytelling for women, dedicated to passionately championing and promoting their journeys.
Sonia Syngal is President and CEO of GAP, a subsidiary within the Gap Inc. portfolio. [1] As of March 18th, 2019, Ms. Syngal's estimated Net Worth is at least $9.09 million … To do that, we must better prioritize initiatives and capabilities that will improve execution and drive value creation,” said Syngal.Thank you, your sign-up request was successful!
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