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Gap Hires Chief Growth Officer, and President and CEO of Banana Republic

Gap store. Shutterstock

Asheesh Saksena has been appointed to Gap Inc.’s new role as chief growth officer. Saskena previously worked as president of Best Buy’s health initiative, and is set to join the retailer in January of 2021. Sandra Stangl is also joining the company in December from Williams and Sonoma as president and CEO of Banana Republic. The news comes as the retailer reported third-quarter earnings where, despite missing estimates and new lockdowns across the country, the company stated it was “optimistic” about the holiday quarter.

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