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Gap Inc.

Maggie Gauger Appointed as CEO of Athleta by Gap Inc.

| 8-K |Consumer Cyclical

Summary

Gap Inc. announced on July 29, 2025, that Maggie Gauger will be appointed as the new President and Chief Executive Officer of Athleta, effective August 1, 2025. This follows the departure of Chris Blakeslee, who will step down from his role as CEO of Athleta on July 31, 2025. Maggie Gauger brings over 20 years of experience in the women's active apparel market, most recently serving as the head of North America Women's business at Nike. The transition is aimed at reinvigorating Athleta and driving profitable, sustainable growth.

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About Gap Inc.

Gap Inc. is a leading global retail company specializing in clothing and accessories. Known for its diverse collection of casual wear, Gap Inc. operates a portfolio of brands that includes Gap, Old Navy, Banana Republic, Athleta, and Intermix. Each brand caters to distinct consumer segments, ranging from affordable fashion to high-end clothing and activewear. The company's primary function is the design, manufacturing, and retail of apparel, footwear, and accessories for men, women, and children. Gap Inc. has a strong market presence with a combination of physical retail stores and a robust online shopping platform, impacting the global retail sector and consumer lifestyle trends. Founded in 1969 and headquartered in San Francisco, the company plays a significant role in defining casual and contemporary fashion, continually adapting to market shifts and consumer preferences within the rapidly evolving retail landscape.

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