Utilize the input text as a context reference, choose the right relationship between Old Navy and SAN FRANCISCO from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

SAN FRANCISCO - September 29, 2015 - Gap Inc. (NYSE: GPS) today announced that Stefan Larsson will step down as global president of Old Navy effective October 2, 2015.

Answer: location_of_formation