Sonia Syngal: President and CEO, Old Navy

No Limits with Rebecca Jarvis

ABC News

Business, Careers

4.7 • 703 Ratings

🗓️ 11 June 2019

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Released Apr 2, 2018 As President and CEO of Old Navy, Sonia Syngal begins her day by reading customer comments every morning. She became CEO of the $7 billion, 57,000-employee business in 2017 and has lead the company to record growth. But her path to retail wasn’t always so clear. Sonia, who has a background in mechanical engineering, began her career working for a car company before eventually finding her way to Silicon Valley and eventually to Gap Inc. and then exclusively Old Navy. On this episode, Sonia opens up about why she veered from her position at Ford for grad school in Silicon Valley, career transitioning at a senior level, and what she believes it takes to become the CEO of a public company. Congratulations to our No Limits Entrepreneur of the Week: Hipatia Lopez, CEO of H.L. Unico LLC and Inventor of Empanada Fork Find out more: http://www.empanadafork.com/ Want to be a featured NLEOTW? Know someone who should? Send your nominations to [email protected] Don’t forget to subscribe and leave us a review! It’s easy! Click here: http://bit.ly/2ks4f90 ABOUT REBECCA JARVIS: Rebecca Jarvis is an Emmy Award-winning journalist and the Chief Biz, Tech and Econ correspondent for ABC News. Learn more about your ad choices. Visit

Transcript

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0:05.2	They charge you a lot, we charge you a little. So naturally, when they announced they'd be raising their prices due to inflation, we decided to deflate our prices due to not hating you.
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0:20.9	Give it a try at mintmobile.com slash switch.
0:23.7	$45 up-front payment equivalent to $15 per month.
0:26.3	New customers on first three-month plan only.
0:27.8	Taxes and fees extra.
0:28.7	Speed's lower above 40 gigabytes.
0:30.0	See details.
0:30.5	Hey, everyone.
0:31.5	It's me, Rebecca.
0:33.0	I'm currently on maternity leave.
0:34.8	And while I'm away, we picked out some of our earlier episodes
0:38.1	from the No Limits Vault so that you can get caught up and enjoy while I'm off. And just so
0:43.7	you know, I pre-recorded this, so I actually am spending time with my baby right now.
0:52.0	I'm 21 years old, a young engineer, don't know a lot, and that role was supervising a midnight shift manufacturing line.
1:01.3	So probably one of the youngest people in the room?
1:03.0	I was by far the youngest.
1:04.5	The supervisor.
1:05.4	The supervisor, you know.
1:06.8	And there I was with my clipboard and my pencil and my stopwatch.
1:10.5	And my job was to my clipboard and my pencil and my stopwatch.
	...

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