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Stock impact report

Gap Inc. Announces Art Peck to Step Down as Chief Executive Officer

Gap, Inc. (The) (GPS) 
Last gap, inc. (the) earnings: 3/12 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Chairman Robert J. Fisher to Serve as Interim Chief Executive OfficerCompany Also Provides Update on Third Quarter and Fiscal 2019 Earnings Outlook SAN FRANCISCO--(BUSINESS WIRE)--The Gap Inc. (NYSE: GPS) Board of Directors announced today that president and chief executive officer Art Peck will step down from his position and from the company’s Board. Mr. Peck will depart from the company 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 chief executive officer 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 Gap Inc., spanning a nearly 15-year career with the company,” said Mr. Fisher. "Under Art’s tenure as CEO, we have made progress investing in capabilities that bode well fo Show less Read more
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