Gap stock falls 10% on news CEO Art Peck will leave company

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Gap CEO Art Peck to step down; stock falls over 8%

Gap Inc. GPS, +1.86% shares fell more than 10% in the extended session Thursday after the retailer said that President and Chief Executive Officer Art Peck will step down from his position and from the company's board. Peck will "depart from the company after a brief transition," Gap said, without providing further details. Board Chairman Robert J. Fisher will also serve as interim president and chief executive officer, the company said.

#div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FYI hmeisler.

Australia Australia Latest News, Australia Australia Headlines