GPS president and CEO Sonia Syngal is out of the top job following a brief transition, the retailer announced, handing the reins over to board executive chairman Bob Martin on an interim basis. The move closes Syngal’s 18 years with the company where she ascended to CEO in March 2020. Syngal’s performance during the pandemic initially garnered praise from pundits before seeing fortunes turn at the stalwart Old Navy brand and effects of supply chain headwinds pile up in recent quarters. The company said it expects fiscal Q2 sales down in ... Log in to view full article.