Gap Inc. appoints Richard Dickson as President and CEO, effective Aug 22, 2023

GAP INC

Dickson, former Mattel COO, succeeds interim CEO Bob Martin; Martin remains Board Chair.
Base salary $1.4M, target bonus 185% of base, up to $1.35M in initial cash bonuses.
Equity grants valued at ~$22.5M in RSUs and performance RSUs over next two years.
Dickson has served on Gap's board since Nov 2022; led brand transformation at Mattel.
Relocation benefits include temporary housing, commuting expenses, and home sale assistance.

item 5.02 item 7.01 item 9.01

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Appointed

Richard Dickson

Chief Executive Officer and President

GAP · GAP INC

Effective: 2023-08-22
Filed: July 26, 2023, 7:59 PM ET

appointed Richard Dickson as the Company's Chief Executive Officer ("CEO") and President, effective August 22, 2023

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Richard Dickson was appointed as Chief Executive Officer and President at GAP INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

appointed Richard Dickson as the Company's Chief Executive Officer ("CEO") and President, effective August 22, 2023

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Source: SEC EDGAR

accession 0000039911-23-000082

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