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Gap Inc. rewarded for efforts to improve lives of female workers
WASHINGTON -- Gap Inc. announced that it has received the International Center for Research on Women (ICRW) Champions for Change Award for Innovation in recognition of the company’s P.A.C.E. (Personal Advancement and Career Enhancement) program. This workplace program was developed by Gap Inc. in 2006 to provide life skills and enhanced technical skills education to female garment workers to help them advance in the work place and in their personal lives.
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CEO at AEO to go
PITTSBURGH – Shortly after reporting a 16% increase in continuing operations for its fourth quarter ended Jan. 29, American Eagle Outfitters, announced that its CEO, James O’Donnell, has informed the board of directors of his intention to retire, and the company has initiated a succession process to be jointly led by O’Donnell and the board. American Eagle said O’Donnell will continue with the company as CEO until a successor is named and through an orderly transition period.