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* Clothing retailer Gap Inc. named longtime executive Marka Hansen as the president of its upscale Banana Republic chain. Hansen, 50, who has been with Gap since 1987, will oversee about 440 stores in the U.S. and Canada. She replaces Maureen Chiquet, who resigned last month to take a job at Chanel Inc. in France
* Coca-Cola Co. named Daniel Palumbo chief marketing officer as the No. 1 soft drink maker revamps its ad and media campaigns against arch-rival PepsiCo Inc. Palumbo is a former Eastman Kodak Co. executive.
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