GAP Inc. Names Tom Keiser As Cheief Information Officer

January 12, 2010 // Franchising.com // San Francisco – Tapping a proven retail technology executive with significant experience building global platforms, Gap Inc. (NYSE: GPS) today announced that Tom Keiser joined the company as Executive Vice President and Chief Information Officer. In this role, Keiser will lead the strategy to improve the business effectiveness of Gap Inc.'s global technology platform that spans brand, product and corporate employee systems. Keiser reports to chairman and CEO Glenn Murphy, and serves as a member of the Executive Leadership Team.

"Tom brings with him a successful track record in the retail industry," said Glenn Murphy, chairman and CEO of Gap Inc. "Through his leadership of rolling out effective technology platforms that delivered solutions for employees, customers and stores around the world, he has consistently demonstrated how effective IT investments and execution can deliver business results."

"I'm excited about joining Gap Inc. as the company executes on its plan to further expand online and internationally," said Keiser. "And I look forward to leading the IT team to ensure we have the most effective infrastructure and platform to support this growth strategy."

Through his 20-year career, Keiser has led major global technology initiatives for consumer product and retail companies. Most recently, as EVP and CIO for Limited Brands, he spearheaded a multi-year, transformational program to build a new business and technology operating model that supported both current and future business needs. During 12 years with Ernst & Young, his international expertise grew as he managed the rollout of 15 major systems in Europe and the Middle East.

About Gap Inc.

Gap Inc. is a leading global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy, Piperlime and Athleta brand names. Fiscal 2008 sales were $14.5 billion. Gap Inc. operates more than 3,100 stores in the United States, the United Kingdom, Canada, France, Japan and Ireland. In addition, Gap Inc. is expanding its international presence with franchise agreements in Asia, Europe, Latin America and the Middle East.

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