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

United States News News

Gap stock falls 10% on news CEO Art Peck will leave company
United States United States Latest News,United States United States Headlines

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

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

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:

MarketWatch /  🏆 3. in US
 

FYI hmeisler.

United States United States Latest News, United States United States Headlines



Render Time: 2025-01-12 01:32:35