American designer Ralph Lauren steps down, appoints GAP global president as new CEO

Q.  American designer Ralph Lauren has appointed whom as the new CEO of his company?
- Published on 02 Oct 15

a. Arthur L. Peck
b. Stefan Larsson
c. Jan Larsson
d. None of the above

ANSWER: Stefan Larsson
 
American designer Ralph Lauren who has constructed a mega fashion brand is stepping down as CEO and has named GAP’s populist President, Old Navy brand to the current position. Ralph Lauren Corp has founded by him in the 1960s. R.L Corp’s new CEO is the global president of GAP’s Old Navy division, Stefan Larsson. Lauren will continue to remain the executive chairperson and head the design team.

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