Banana Republic 2011 Annual Report Download - page 22

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Executive Officers of the Registrant
The following are our executive officers:
Name, Age, Position, and Principal Occupation:
Michelle Banks, 48, Executive Vice President, General Counsel, Corporate Secretary, and Chief Compliance Officer
since March 2011; Senior Vice President, General Counsel, Corporate Secretary, and Chief Compliance Officer from
March 2008 to March 2011; Senior Vice President and General Counsel from November 2006 to March 2008; Vice
President from March 2005 to November 2006; Associate General Counsel from February 2003 to March 2005;
Senior Corporate Counsel from January 1999 to February 2003.
Colin Funnell, 50, Executive Vice President, Global Supply Chain since September 2011; Senior Vice President,
Supply Chain Strategy, Strategic Sourcing, and Global Logistics from June 2010 to August 2011; Senior Vice
President, Corporate Operations and Logistics from 2008 to June 2010; Senior Vice President, Logistics from 2006
to 2007; Senior Vice President, Global Production and Old Navy Supply Chain from 2004 to 2005.
John T. (Tom) Keiser, 46, Executive Vice President and Chief Information Officer since January 2010; Executive
Vice President and Chief Information Officer of The Limited Brands, Inc., an apparel company, from 2006 to
October 2009; Senior Vice President, INSIGHT Program of The Limited Brands, Inc. from 2004 to 2006.
Glenn Murphy, 50, Chairman and Chief Executive Officer since August 2007; Chief Executive Officer of Shoppers
Drug Mart Corporation, a drug store chain, from 2001 to 2007.
Art Peck, 56, President, Gap North America since February 2011; Executive Vice President of Strategy and
Operations from May 2005 to February 2011; President, Gap Inc. Outlet from October 2008 to February 2011;
Acting President, Gap Inc. Outlet from February 2008 to October 2008; Senior Vice President of The Boston
Consulting Group, a business consulting firm, from 1982 to May 2005.
Eva Sage-Gavin, 53, Executive Vice President, Global Human Resources and Corporate Affairs since February 2010;
Executive Vice President, Human Resources, Communications and Global Responsibility from April 2008 to
February 2010; Executive Vice President, Human Resources and Communications from February 2007 to April
2008; Executive Vice President, Human Resources from March 2003 to February 2007.
Sabrina Simmons, 48, Executive Vice President and Chief Financial Officer since January 2008; Executive Vice
President, Corporate Finance from September 2007 to January 2008; Senior Vice President, Corporate Finance
and Treasurer from March 2003 to September 2007; Vice President and Treasurer from September 2001 to
March 2003.
Item 1A. Risk Factors.
Our past performance may not be a reliable indicator of future performance because actual future results and
trends may differ materially depending on a variety of factors, including but not limited to the risks and
uncertainties discussed below. In addition, historical trends should not be used to anticipate results or trends in
future periods.
Global economic conditions and the impact on consumer spending patterns could adversely impact our
results of operations.
The Company’s performance is subject to global economic conditions and their impact on levels of consumer
spending worldwide. Some of the factors influencing consumer spending include higher levels of unemployment,
higher consumer debt levels, reductions in net worth based on market declines and uncertainty, home foreclosures
and reductions in home values, fluctuating interest rates and credit availability, government austerity measures,
fluctuating fuel and other energy costs, fluctuating commodity prices, and general uncertainty regarding the
overall future economic environment. Consumer purchases of discretionary items, including our merchandise,
generally decline during periods when disposable income is adversely affected or there is economic uncertainty.
8Gap Inc. Form 10-K