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Gap President Sells Stock: Millard Drexler, president...

From Times Staff and Wire Reports

Gap President Sells Stock: Millard Drexler, president of Gap Inc., has taken in $20.3 million in cash in the first three months of 1990, according to the San Francisco retailer’s latest proxy statement. Drexler reaped his gain by cashing in stock obtained through the company’s incentive-compensation program. The $20.3-million figure doesn’t include Drexler’s regular salary and bonus, which reached $1.7 million for the fiscal year ended Feb. 3.


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