Old Navy president resigns

Share this article:
Tom Wyatt
Tom Wyatt

John Thomson (Tom) Wyatt, president of Gap Inc.'s Old Navy brand, resigned his position in order to become CEO of Portland-based global education company Knowledge Universe–U.S., said John Fread, director of PR at Knowledge Universe.

Wyatt will begin his new job on Feb. 3, according to a Gap Inc. statement.

While Gap Inc. conducts a formal search to replace Wyatt, his shoes will be filled by two Gap Inc. executives, according to the statement: Nancy Green, EVP and chief creative officer for Old Navy; and Tom Sands, EVP of stores and operations for Old Navy. Both will report directly to Glenn Murphy, chairman and CEO of Gap, Inc.

In his new role, Wyatt will be in charge of all the businesses under the Knowledge Universe umbrella, including childcare and education provider KinderCare, which is “by far the biggest,” said Fread. Other companies in the Knowledge Universe family include Champions, Knowledge Beginnings, Cambridge Schools and The Grove Schools brand.

Knowledge Universe conducted a “global search” that was “in-depth and covered all points” before selecting Wyatt, who was “by far the most perfect fit,” Fread said.

Wyatt joined Gap in 2006 as Gap Body president before being appointed as president of Old Navy in 2008. Prior to joining Gap, he served as president and CEO of Cutter and Buck; president of Warnaco's Intimate Apparel Group; EVP of strategic planning at Saks and president of Vanity Fair Intimates.

Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

News Byte: Comcast Expanding Global Ad Delivery Through Partnership

News Byte: Comcast Expanding Global Ad Delivery Through ...

Through a partnership with Adstream , Comcast's AdDelivery Service expands its footprint across the globe.

40 Under 40 2014: Nominations Are Now Open!

40 Under 40 2014: Nominations Are Now Open!

It's time to nominate the 2014 crop of young marketing luminaries for Direct Marketing News's 40 Under 40 Awards. The deadline is Friday, June 6, 2014.

News Byte: MediaCrossing Partners with ASL Marketing on Youth Marketing Tool

News Byte: MediaCrossing Partners with ASL Marketing on ...

The digital media trading firm and marketing database company aim to help marketers target 13 to 34 year olds.