Fashion > Retail

Art Peck Out at Gap Inc.; Robert Fisher Steps In

11 days ago   |   By WWD

Art Peck, president and chief executive officer of Gap Inc., will step down from his position after years of struggling to revive the Gap brand and more recently seeing Old Navy flounder.
Gap Inc. said late Thursday afternoon that Peck will depart from the company and its board after a brief transition. Effective immediately, Robert J. Fisher, non-executive chairman of the board and son of the late founder of Gap, Don Fisher, will also serve as president and ceo on an interim basis.
Wall Street reacted swiftly to the news, dragging Gap Inc. stock down 7 percent in after-hours...
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Gap CEO Art Peck Is Stepping Down

Gap CEO Art Peck Is Stepping Down

11 days ago   |   By Fashionista

After nearly 15 years at Gap Inc. and five years as its CEO, Art Peck is stepping down - both from the role and from the company's board. The company announced the news Thursday afternoon, noting that Robert J. Fisher, the company's current non-executive chairman of the Board and a member of...
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Art Peck is Out at Gap Inc

11 days ago   |   By WWD

Art Peck is out at Gap Inc.
Peck, president and chief executive officer of Gap Inc., will depart from the company after a brief transition, and Robert J. Fisher, the company's current non-executive chairman of the board, will also serve as president and chief executive officer on an interim basis.
Peck is leaving in advance of the company's intention to spin off Old Navy into a separate public company and years of difficulties getting the Gap brand back on track.
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