U.S. apparel group Gap Inc. has announced the appointment of Richard Dickson to the role of president and chief executive Officer, effective August 22.
The owner of Old Navy, Gap, Banana Republic and Athleta poached Dickson from toy company Mattel, where he served as president and chief operating officer of the Barbie maker.
Before Mattel, Dickson was president and CEO of branded businesses for The Jones Group. Dickson also co-founded Gloss.com, the first online retailer dedicated to high-end cosmetics, and served as an executive at Bloomingdale’s.
“Richard has invaluable expertise in areas critical to the work Gap Inc. is doing to strengthen the company for the long term. And we are thrilled to have his visionary leadership as the company redefines the future potential of Gap Inc. and its renowned American fashion brands,” said Gap’s lead independent director, Mayo Shattuck III.
Dickson replaces Bob Martin, who will remain chair of the board and ensure a smooth transition.
“Gap Inc. is a portfolio of iconic brands, known for having defined American style with bold thinking and making quality fashion accessible to millions. But it’s the work ahead that excites me most – the chance to work hand-in-hand with the teams to evolve Gap Inc. for a new era,” said Martin.
“Under Bobby’s leadership, the team has begun to truly reset the company for long-term success, establishing a new foundation that I’m eager to build on.”
Prior to his CEO appointment at Gap Inc., Dickson was appointed to the company’s board of directors in November, 2022.