New at Old Navy

There’s a new president at Old Navy, a division of Gap Inc., in San Francisco. Tom Wyatt, who had been acting president since February, has officially taken the reins of the retail chain, whose clothes are trendy but sold at modest prices. Wyatt joined Gap in early 2006 as president of Gap’s outlet division. Before that, he was president of Warnaco Intimate Apparel and a senior executive with Saks.