Gap Management

Management criteria checks 1/4

Gap's CEO is Richard Dickson, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is $15.19M, comprised of 4.6% salary and 95.4% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth MX$69.44M. The average tenure of the management team and the board of directors is 1.3 years and 5.7 years respectively.

Key information

Richard Dickson

Chief executive officer

US$15.2m

Total compensation

CEO salary percentage	4.6%
CEO tenure	1.3yrs
CEO ownership	0.04%
Management average tenure	1.3yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Richard Dickson's remuneration changed compared to Gap's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 03 2024	n/a	n/a	US$767m
May 04 2024	n/a	n/a	US$678m
Feb 03 2024	US$15m	US$697k	US$502m
Oct 28 2023	n/a	n/a	US$44m
Jul 29 2023	n/a	n/a	US$108m
Apr 29 2023	n/a	n/a	-US$58m
Jan 28 2023	US$204k	n/a	-US$202m

Compensation vs Market: Richard's total compensation ($USD15.19M) is above average for companies of similar size in the MX market ($USD2.48M).

Compensation vs Earnings: Richard's compensation has increased by more than 20% in the past year.

CEO

Richard Dickson (56 yo)

1.3yrs

Tenure

US$15,189,050

Compensation

Mr. Richard Dickson is Chief Executive Officer and President of The Gap, Inc. from August 22, 2023 and as its Director since November 08, 2022. He had been the President and Chief Operating Officer of Matt...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Richard Dickson	CEO, President & Director	1.3yrs	US$15.19m	0.043% MX$ 69.4m
Katrina O'Connell	Executive VP & CFO	4.7yrs	US$6.85m	no data
Chris Blakeslee	President & CEO of Athleta	1.3yrs	US$10.18m	0.032% MX$ 51.4m
Mark Breitbard	President & CEO of Gap Brand	7.5yrs	US$6.79m	0.033% MX$ 53.6m
Horacio Barbeito	President & CEO - Old Navy	2.3yrs	US$8.06m	no data
Sven Gerjets	Chief Technology Officer	less than a year	no data	no data
Whitney Notaro	Head of Investor Relations	no data	no data	no data
Julie Gruber	Executive VP	8.8yrs	US$6.36m	0.00037% MX$ 602.0k
Amanda Thompson	Executive VP & Chief People Officer	less than a year	no data	no data
Sally Gilligan	Executive VP	3.5yrs	no data	no data
Eric Chan	Executive VP and Chief Business & Strategy Officer	less than a year	no data	no data
Zac Posen	Executive VP & Creative Director	less than a year	no data	no data

1.3yrs

Average Tenure

53yo

Average Age

Experienced Management: GAP1 *'s management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Richard Dickson	CEO, President & Director	2yrs	US$15.19m	0.043% MX$ 69.4m
Mayo Shattuck	Independent Chairman	22.8yrs	US$360.99k	0.041% MX$ 67.5m
Doris Fisher	Co-Founder & Honorary Lifetime Director	15.8yrs	US$45.20k	no data
Robert Fisher	Independent Director	34.8yrs	US$302.49k	14.89% MX$ 24.2b
Kathryn Hall	Independent Director	2.5yrs	US$280.99k	0.90% MX$ 1.5b
Amy Miles	Independent Director	4.6yrs	US$315.99k	0.0089% MX$ 14.5m
Tracy Gardner	Independent Director	9yrs	US$293.99k	0.014% MX$ 22.4m
William Fisher	Independent Director	15yrs	US$274.99k	16.7% MX$ 27.2b
Elisabeth Donohue	Independent Director	3yrs	US$287.49k	0.0020% MX$ 3.3m
Christopher O'Neill	Independent Director	6.8yrs	US$281.70k	0.0030% MX$ 4.9m
Salaam Smith	Independent Director	3.7yrs	US$287.49k	0.0021% MX$ 3.4m
Tariq Shaukat	Independent Director	1.5yrs	US$248.37k	0% MX$ 0

5.7yrs

Average Tenure

59yo

Average Age

Experienced Board: GAP1 *'s board of directors are considered experienced (5.7 years average tenure).

Gap Management

Management criteria checks 1/4

Key information

Recent management updates

The Gap, Inc., Annual General Meeting, May 07, 2024

Gap Inc. Appoints Zac Posen as Executive Vice President, Creative Director

Gap Inc. Announces Management Appointments

Insider recently sold Mex$562m worth of stock

Executive VP & CFO recently sold Mex$4.2m worth of stock

The Gap, Inc Appoints Richard Dickson as President, Effective August 22, 2023

Recent updates

Second quarter dividend of US$0.15 announced

Gap Inc. Announces Fourth Quarter of Fiscal Year 2024 Dividend, Payable on or After January 29, 2025

The Gap, Inc. to Report Q3, 2025 Results on Nov 21, 2024

Upcoming dividend of US$0.15 per share

Now 24% undervalued after recent price drop

Second quarter 2025 earnings released: EPS: US$0.55 (vs US$0.32 in 2Q 2024)

The Gap, Inc. Revises Earnings Guidance for the Full Year Fiscal 2024

First quarter dividend of US$0.15 announced

Gap Inc Announces Dividend for the Third Quarter of Fiscal Year 2024, Payable on or After October 30, 2024

The Gap, Inc. to Report Q2, 2025 Results on Aug 29, 2024

Upcoming dividend of US$0.15 per share

First quarter 2025 earnings released: EPS: US$0.42 (vs US$0.049 loss in 1Q 2024)

Investor sentiment improves as stock rises 38%

Now 40% overvalued after recent price rise

The Gap, Inc. Revises Earnings Guidance for the Full Year Fiscal 2024

Fourth quarter dividend of US$0.15 announced

Gap Inc Announces Dividend for the Second Quarter Fiscal Year 2024, Payable on or After July 31, 2024

The Gap, Inc. to Report Q1, 2025 Results on May 30, 2024

Upcoming dividend of US$0.15 per share

The Gap, Inc., Annual General Meeting, May 07, 2024

Now 25% overvalued after recent price rise

Investor sentiment improves as stock rises 19%

Full year 2024 earnings released: EPS: US$1.36 (vs US$0.55 loss in FY 2023)

Third quarter dividend of US$0.15 announced

The Gap, Inc. to Report Q4, 2024 Results on Mar 07, 2024

Gap Inc. Appoints Zac Posen as Executive Vice President, Creative Director

Gap Inc. Announces Management Appointments

Upcoming dividend of US$0.15 per share at 2.8% yield

Insider recently sold Mex$562m worth of stock

Now 22% undervalued

Third quarter 2024 earnings released: EPS: US$0.59 (vs US$0.77 in 3Q 2023)

The Gap, Inc. Reaffirms Financial Guidance for the Fourth Quarter and Full Year of 2023

Press Release: Gap Inc. Announces Fourth Quarter Dividend, Payable on or After January 31, 2024

The Gap, Inc. to Report Q3, 2024 Results on Nov 16, 2023

Upcoming dividend of US$0.15 per share at 5.9% yield

Executive VP & CFO recently sold Mex$4.2m worth of stock

Second quarter 2024 earnings released: EPS: US$0.32 (vs US$0.13 loss in 2Q 2023)

Gap Inc. Provides Earnings Guidance for the Third Quarter and Fiscal 2023

The Gap, Inc. Announces Dividend for Third Quarter Fiscal Year 2023, Payable on or After October 25, 2023

The Gap, Inc. to Report Q2, 2024 Results on Aug 24, 2023

The Gap, Inc Appoints Richard Dickson as President, Effective August 22, 2023

Gap Inc Appoints Chris Blakeslee as the New President, Effective from August 7, 2023

Upcoming dividend of US$0.15 per share at 6.9% yield

High number of new directors

the Gap, Inc. Provides Sales Guidance for the Second Quarter and Year 2023

First quarter 2024 earnings released: US$0.049 loss per share (vs US$0.44 loss in 1Q 2023)

The Gap, Inc. Announces Second Quarter Dividend, Payable on or After July 26, 2023

The Gap, Inc. to Report Q1, 2024 Results on May 25, 2023

High number of new directors

Upcoming dividend of US$0.15 per share at 6.6% yield

Full year 2023 earnings released: US$0.55 loss per share (vs US$0.68 profit in FY 2022)

High number of new directors

The Gap, Inc. to Report Q4, 2023 Results on Mar 09, 2023

Baozun Inc. (NasdaqGS:BZUN) completed the acquisition of Gap (Shanghai) Commercial Co., Ltd and Gap Taiwan Limited from The Gap, Inc. (NYSE:GPS) and Gap (UK Holdings) Limited.

Jakubowitz Law Announces Securities Fraud Class Action Lawsuit Commences on Behalf of Shareholders of The Gap, Inc

Upcoming dividend of US$0.15 per share

Investor sentiment deteriorated over the past week

Bernstein Liebhard LLP Announces Securities Class Action Lawsuit Against The Gap, Inc

High number of new directors

Third quarter 2023 earnings released: EPS: US$0.77 (vs US$0.40 loss in 3Q 2022)

Baozun Inc. (NasdaqGS:BZUN) signed definitive agreements to acquire Gap (Shanghai) Commercial Co., Ltd and Gap Taiwan Limited from The Gap, Inc. (NYSE:GPS) and Gap (UK Holdings) Limited for $50 million.

The Gap, Inc. Appoints Richard Dickson as Director, Member of the Board's Compensation and Management Development Committee

White Horse Hongkong Holding Limited entered into a share purchase agreement to acquire Gap Greater China for $40 million.

The Gap, Inc. to Report Q3, 2023 Results on Nov 17, 2022

Upcoming dividend of US$0.15 per share

Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.68 profit in 2Q 2022)

Gap Inc. Announces Third Quarter Dividend, Payable on or After October 26, 2022

The Gap, Inc. to Report Q2, 2023 Results on Aug 25, 2022

The Gap, Inc. Provides Sales Guidance for the Second Quarter of Fiscal 2022