leadership
confidence high
sentiment positive
materiality 0.55
Tanger appoints former Gap CEO Sonia Syngal to board; expands from 9 to 10 directors
TANGER PROPERTIES LTD PARTNERSHIP /NC/
- Sonia Syngal, former CEO of Gap Inc. (2020-2022), elected to Tanger's board effective Sept 23, 2024.
- Syngal doubled Gap's e-commerce revenue and financially stabilized the company during her tenure.
- Tanger's board expanded from nine to 10 members; Syngal is independent and not on any committee yet.
- She brings nearly 30 years of retail, supply chain, and brand management experience from Gap, Ford, and Sun Microsystems.
- Syngal will receive standard non-employee director compensation as described in Tanger's 2024 proxy.