---
schema_version: "secwatch.filing_event.v1"
accession: "0000039911-23-000082"
form_type: "8-K"
ticker: "GAP"
cik: "0000039911"
company_name: "GAP INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:30:49.731490+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000039911-23-000082
- form_type: 8-K
- ticker: GAP
- cik: 0000039911
- company_name: GAP INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39911/000003991123000082/0000039911-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39911/000003991123000082/gps-20230718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039911-23-000082
- JSON: https://secwatch.observer/filing/0000039911-23-000082.json
- Plain text: https://secwatch.observer/filing/0000039911-23-000082.txt

## Key facts
- Executive change
  Richard Dickson was appointed as Chief Executive Officer and President at GAP INC.
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: appointed Richard Dickson as the Company's Chief Executive Officer ("CEO") and President, effective August 22, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/39911/000003991123000082/0000039911-23-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.