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Fri, May 24, 2002 - Page 21 News List

Gap hunts for leader with corporate sense

NY TIMES NEWS SERVICE , NEW YORK

Harold Reiter, chief executive of Herbert Mines Associates, the executive search firm that will be helping Gap hunt down Drexler's replacement, admitted that he and the company are looking for a hard-to-find mix of skills. "The people who are running specialty stores used to be department store people," he said. "We are going to make the next move. This is going to be about finding someone who is an experienced large corporation executive, most likely an incumbent chief executive."

But the new chief executive will have to have a sense of merchandising, he said. "You don't have to come from fashion but you have to have a gut and you have to like it."

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