{"id":1004159487,"date":"2016-11-18T05:54:14","date_gmt":"2016-11-18T13:54:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004159487"},"modified":"2020-05-18T00:11:49","modified_gmt":"2020-05-18T08:11:49","slug":"new-cfo-takes-the-helm-at-the-gap","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-cfo-takes-the-helm-at-the-gap\/","title":{"rendered":"New CFO Takes the Helm at The Gap"},"content":{"rendered":"
\"Teri<\/a>

Teri List-Stoll<\/p><\/div>\n

San Francisco<\/strong>\u2014Gap Inc.<\/a> will start the new year with a new executive vice president & CFO at the helm. Teri List-Stoll will take on the role in January 2017, and will report to Gap Inc. CEO Art Peck. List-Stoll will be replacing Sabrina Simmons, whose departure from the company was announced earlier this month, and will oversee the company\u2019s global finance operations, as well as the loss prevention and corporate administration divisions.<\/p>\n

\u201cTeri is a seasoned finance leader with more than three decades\u2019 experience, including top leadership positions at global consumer goods companies,\u201d said Peck in a statement. \u201cAs we remain focused on accelerating our transformation, Teri\u2019s expertise will help us drive our long-term financial objectives and continue our commitment to long-term shareholder value.\u201d<\/p>\n

List-Stoll\u2019s most recent position was that of executive vice president & CFO for Dick\u2019s Sporting Goods Inc., a position she left last August. Prior to that, she served in various senior finance roles, including CFO for Kraft Foods Group, The Procter & Gamble Co., and Deloitte & Touche LLP. List-Stoll serves on the board of directors and audit committees for Microsoft and Danaher, is a CPA, and holds a B.A. in Business Administration from Northern Michigan University.<\/p>\n

Back in 2011, Gap Inc. announced plans to close down 189 U.S. retail stores<\/a> by the end of 2013, a result of declining sales numbers over the previous years. In April 2016, the company announced that even more locations would be shut down, after reporting comparable sales had fallen 3 percent in March, according to Fortune Magazine<\/a><\/em>. But The Gap isn\u2019t the only major retail company having a hard time keeping up sales volume. Macy\u2019s has also announced plans<\/a> to close 100 retail stores in early 2017, and focus on better-performing assets and a stronger digital presence.<\/p>\n

Image via LinkedIn<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The California-based retail chain will start fresh next year with Teri List-Stoll as executive VP & CFO.<\/p>\n","protected":false},"author":1269,"featured_media":1004159488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21744,21749,1609,15],"tags":[],"class_list":["post-1004159487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-people","category-retail","category-san-francisco","category-west"],"acf":[],"yoast_head":"\nNew CFO Takes the Helm at The Gap - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-cfo-takes-the-helm-at-the-gap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New CFO Takes the Helm at The Gap\" \/>\n<meta property=\"og:description\" content=\"The California-based retail chain will start fresh next year with Teri List-Stoll as executive VP & CFO.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-cfo-takes-the-helm-at-the-gap\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-18T13:54:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T08:11:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Teri-List-Stoll.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"448\" \/>\n\t<meta property=\"og:image:height\" content=\"603\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-cfo-takes-the-helm-at-the-gap\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-cfo-takes-the-helm-at-the-gap\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"New CFO Takes the Helm at The Gap\",\"datePublished\":\"2016-11-18T13:54:14+00:00\",\"dateModified\":\"2020-05-18T08:11:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-cfo-takes-the-helm-at-the-gap\\\/\"},\"wordCount\":319,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-cfo-takes-the-helm-at-the-gap\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/11\\\/Teri-List-Stoll.jpg\",\"articleSection\":[\"National\",\"News\",\"People\",\"Retail\",\"San Francisco\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-cfo-takes-the-helm-at-the-gap\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-cfo-takes-the-helm-at-the-gap\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-cfo-takes-the-helm-at-the-gap\\\/\",\"name\":\"New CFO Takes the Helm at The Gap - 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