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Gap stock rises as Michael Francis takes Old Navy CEO role amid struggles
Source: invezz.com
Management & GovernanceCompany FundamentalsCorporate Guidance & Outlook
Gap shares rose ~17% premarket after appointing industry veteran Michael Francis as president and CEO of Old Navy, replacing Haio Barbeito. Francis will assume the role on November 2, providing a near-term catalyst framed around leadership change for Gap’s largest brand.
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