Embracing our responsibility
Governance
We believe that strong corporate governance goes hand in hand with good management. In turn, a better managed company delivers better business results, and ultimately, greater shareholder value.
For us, good governance begins with a strong and dedicated board of directors, which helps ensure a diversity of thought in the boardroom and an independent perspective on the business and oversight of company management. As of June 2009, our board had ten directors, seven of whom were independent, including one lead independent director. At each board meeting, time is set aside for independent directors to meet in executive session. In addition, only independent directors sit on board committees.
The board’s Governance and Nominating Committee oversees the company’s corporate governance practices.
We invite anyone to communicate governance concerns directly to the board by emailing board@gap.com. All emails are reviewed by our board chair, the board’s lead independent director and our corporate secretary’s office.
Read more about our governance practices.