Ensuring Strong Governance

Ensuring Strong Governance Change starts with leadership

Strong governance is essential to the work of sustainability. These efforts start with a commitment from our leadership, whose input and oversight play a critical role in driving our progress. For us, good governance begins with a strong Board of Directors that has an independent perspective on our business and company management, including our approach to creating social and environmental change.

Gap Inc.'s Board is responsible for oversight of the business, affairs and integrity of the company, determination of the company’s mission, long-term strategy and objectives, and oversight of the company’s risks, while evaluating and directing implementation of company controls and procedures.

Gap Inc corporate governance

Strong governance is essential to the work of sustainability. These efforts start with a commitment from our leadership.

We recognize the value that diversity and women’s leadership brings to our Board and company.

The Board consists of eleven members, including nine independent directors and an Independent Chairman, and meets at least five times per year. It has three committees: Audit and Finance, Compensation and Management Development, and Governance and Sustainability.

We recognize the value that diversity and women’s leadership brings to our Board and company. Accomplished women leaders currently hold four of the eleven seats on our Board.

Meet Padmasree Warrior “Be bold and humble”

Ms. Warrior has been a Gap Inc. Board member since 2013. She was formerly Chief Technology Officer and Chief Strategy Officer, Cisco Systems and CTO, Motorola.

Ms. Warrior joined Gap Inc. CFO Sabrina Simmons to chat with hundreds of Gap Inc. employees at a Gap Women in Leadership (GapWIL) event in honor of Women’s History Month. The frank and friendly conversation ranged from careers and technology to fashion and high heels.

Ms. Warrior described how her successful path from engineer to tech executive almost never happened. She spoke openly about the many challenges she confronted along the way, including narrow-minded stereotypes about the lack of room for women in science and technology fields. To overcome them, she relied on resolute perseverance and some good advice from her dad, “You’ve chosen the path. Now it’s up to you to make the journey interesting. Make it exciting.”

Our Environmental Council plays an important role in embedding sustainability into our business by considering new initiatives and reviewing our progress.

"Being a leader is not always being the one with the answers, but asking the right questions. How do you get other people motivated and energized, so they can find the answer?"

– Padmasree Warrior

Ensuring governance at factories

Sustainability

Our Board’s Governance and Sustainability Committee oversees Gap Inc.’s sustainability programs and practices. Dan Henkle, Senior Vice President, Global Sustainability and President, Gap Foundation, updates and engages the committee on our sustainability programs and progress quarterly. They regularly discuss our efforts to address key social and environmental issues for our business, including our programs to help improve working conditions and environmental sustainability at the factories that make our clothes.

Dan reports to Bobbi Silten, Executive Vice President, Global Talent & Sustainability, who reports directly to Gap Inc. CEO Art Peck.

Our Environmental Council plays an important role in embedding sustainability into our business by considering new initiatives and reviewing progress on existing goals and programs. The council is sponsored by an Executive Vice President and includes other functional leaders and subject matter experts across the company.

We form cross-functional steering committees of senior leaders to oversee key initiatives. Recent examples include our initiative to expand opportunities for women and decision to source products in Myanmar.

Cross-functional steering committees of senior leaders oversee key initiatives.