Can Gap Encounter Major Personnel Changes And Get Out Of Difficulties?

　　 fashion Brand Gap will usher in major personnel changes. In February 1st of next year, Gap chairman and CEO Glenn Murphy will leave, and then CEO will be appointed by Art Peck, the current head of digital business.

Glenn Murphy has been the chairman and CEO of Gap group since July 2007, and witnessed the transformation of Gap. Glenn Murphy said that leaving is a personal choice. He believes that Art Peck will be the right successor.

Art Peck joined Gap in 2005 and served as president of Gap North America in 2011-2012. Art Peck is currently in the Gap group as president of the growth, innovation and digital division. brand Viscosity calls for the return of passenger flow. After taking over CEO in February next year, Art Peck will join the Gap board.

After the news of personnel changes, Gap's share price fell.