Horacio Barbeito

An influential force in global retail, Horacio Barbeito has steered leading brands through periods of transformation and growth, culminating in his current role at the helm of Old Navy. Horacio “Haio” Barbeito stands as one of the most accomplished retail executives of his generation, now serving as President and CEO of Old Navy, the largest brand at Gap Inc.’s American portfolio. Since August 2022, his leadership has driven Old Navy through nine consecutive quarters of market share gains.

Early Career and Educational Foundation

Born in Argentina, Barbeito’s career began at Deutsche Bank (1991–1995) as a Risk Analyst in Corporate Banking. He holds a management degree from Universidad Catolica Argentina and completed executive education at Harvard Business School, Wharton School, and London Business School. Barbeito’s robust academic background, combined with his financial expertise and global retail experience, has consistently empowered him to lead diverse teams, navigate complex challenges, and implement strategic solutions for sustained business growth worldwide.

26-Year Walmart Legacy

Barbeito’s expertise in retail was shaped during a 26-year tenure at Walmart. He started as a trainee buyer in 1995 and advanced to senior leadership across multiple international markets. He worked as Director of Replenishment Argentina (1995–2001) before becoming Global Replenishment Director for Walmart International (2002–2005),  managing operations from Bentonville, Arkansas. Later, in Puerto Rico, he oversaw supply chain and retail operations as Sr Director of Supply Chain and Sr Director of Retail Operations. By 2008, Barbeito was Chief Merchandising & Marketing Officer for Walmart Argentina, directing all buying and marketing activities. Throughout this period, he frequently demonstrated adaptability, operational expertise, and a forward-thinking approach that became hallmarks of his management style in the rapidly evolving global retail sector. His steady progression through diverse international markets equipped him to lead large teams and deliver consistent results.

CEO Excellence Across Markets

Barbeito’s executive journey accelerated in 2012 when he became President & CEO of Walmart Argentina. His work earned industry honors, including Retailer of the Year 2014 by ENR Argentina. As President & CEO of Walmart Argentina and Chile (2015–2019), he consistently developed the business and championed talent and inclusion. During his final Walmart post as President & CEO of Walmart Canada (2019–2022), Barbeito led Walmart Canada through significant modernization efforts and expanded the brand’s reach, focusing on digital transformation and omnichannel growth, without referencing a specific annual revenue figure.

Old Navy Transformation

Gap Inc. chose Barbeito in July 2022 to guide Old Navy’s expansion. Bob Martin, then interim CEO at Gap Inc., said: “Haio is a true multi-disciplined retail leader who shares our vision of bringing the democracy of style and service to millions of Old Navy customers, leveraging our greatest assets – our people and our product. We are thrilled for Haio to bring his authentic leadership style to the team, backed by a strong track record of delivering growth through challenging times at complex global organizations,” said Martin.

Since his arrival, Barbeito has achieved significant milestones. In Q1 2025, Old Navy recorded $2 billion in net sales, rising 3% over the prior year, with market share growth in activewear and denim.

Innovation and Technology Leadership

Barbeito’s tenure at Old Navy is marked by his commitment to innovation. In March 2025, the brand partnered with RADAR to roll out AI-powered RFID technology across stores. “Building on the rigor and discipline that is now core to how we operate, this new technology can place power in the hands of our frontline teams to better serve our customers – an important factor in our long-term strategy to make Old Navy the most loved apparel brand in North America, standing for on-trend style, consistent quality, and frictionless experience, all at an accessible price,” Horacio Barbeito pointed out.

A standout accomplishment is the 2025 signing of New York City’s largest retail lease, launching a new 55,000-square-foot flagship in Herald Square for opening in 2026. “As we look to modernize the Old Navy customer experience, this new location will enable us to deliver a fresh, immersive, digitally led experience that invites visitors and shoppers from around the world to come play with style,” Horacio Barbeito pointed out.

Industry Recognition and Community Impact

Barbeito has also received extensive industry recognition. In January 2023, he joined the National Retail Federation Board of Directors. Under his leadership, Old Navy earned the Boys and Girls Clubs of America’s President’s Award for support and community service

Leadership Philosophy and Personal Life

Barbeito’s approach centers on fostering collaboration, adaptability, and a strong focus on both customer and team needs. He is committed to creating a positive work culture and values continuous improvement within Old Navy. Outside of work, he enjoys family life with his spouse, Lenny, and their four children.

Financial Performance and Future Outlook

Old Navy’s financial results affirm Barbeito’s impact. The brand reported a solid $2.2 billion cash position and is projecting sales growth of 1–2% in fiscal 2025. As Old Navy moves toward its ambitious revenue goals, Barbeito’s leadership continues to drive progress and innovation across the retail landscape.

Barbeito’s journey is defined by his forward-looking mindset and drive to shape the future of retail, making his leadership at Old Navy a standout example in the industry. His commitment to innovation, dedication to team excellence, and emphasis on customer value continue to set new benchmarks for success and inspire change throughout the sector.