San Francisco — Gap Inc.’s president and chief executive officer, Art Peck, will step down from his position and from the company’s board. Peck will leave Gap after a brief transition. Effective immediately, Robert J. Fisher, the company’s current non-executive chairman of the board, will also serve as president and CEO on an interim basis. Additionally, the board has appointed Bobby Martin, chair of its compensation and management development committee, as lead independent director. “On behalf of the entire board, I want to thank Art for his many contributions to …
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San Francisco — Gap Inc. has appointed Mary Beth Laughton as president and chief executive officer of Athleta. Laughton will begin her new role in late October and will serve on Gap Inc.’s senior leadership team reporting to president and chief executive officer Art Peck. She joins Gap from Sephora. “Mary Beth brings a strong background in digital operations, a keen understanding of customers and an ability to deliver innovative experiences,” says Peck. “She is the right leader for Athleta, with a proven track record in driving consistent results in …
San Francisco — Jeff Kirwan, president and CEO of Gap brand, will leave Gap Inc. A search is underway for a new president of Gap brand. In the interim, Brent Hyder, currently serving as Gap Inc.’s executive vice president, global talent and sustainability, will oversee the brand.
San Francisco — Gap Inc.’s executive vice president and chief financial officer, Sabrina Simmons, will be leaving the company. Simmons will remain with Gap Inc. through the end of the 2016 fiscal year, ensuring a seamless transition over the coming months.