Gap Inc. Appoints New CFO, Effective January 2017

by Katie Lee

San FranciscoGap Inc. has appointed Teri List-Stoll as executive vice president and chief financial officer, effective January 17, 2017. List-Stoll, joining the company from Dick’s Sporting Goods, will report to Gap Inc. CEO Art Peck.

“Teri is a seasoned finance leader with more than three decades experience, including top leadership positions at global consumer goods companies,” says Peck. “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 succeed Sabrina Simmons, whose departure was previously announced on November 2, 2016, and will have oversight of the company’s global finance function, as well as loss prevention and corporate administration divisions. Once List-Stoll joins Gap Inc. in mid-January, Simmons will shift into an advisory role through the end of the company’s fiscal year.

Most recently, List-Stoll held the position of executive vice president and CFO for Dick’s Sporting Goods, Inc. Previously she served in senior finance roles, including CFO for Kraft Foods Group, Inc.

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. Gap Inc. has about 3,300 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, visit www.gapinc.com.

SOURCE: Gap Inc.

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