Old Navy's New Leaders
San Francisco–based Gap Inc. named Lorenzo Moretti and Abinta Malik to jointly lead the effort to open Old Navy stores outside North America. The news comes on the heels of John Ermatinger’s departure as president of Old Navy International. Old Navy parent company Gap Inc. recently combined its international operations into one division based in London. Moretti is based in the international division in London, and Malik is based in Old Navy’s San Francisco headquarters. The apparel and retail giant plans to proceed with its international expansion plans for Old Navy beginning with the opening of the first Old Navy store in Japan in late 2012.
