art peck

Art Peck is out at Gap Inc.

Peck, president and chief executive officer of Gap Inc., will depart from the company after a brief transition, and Robert J. Fisher, the company’s current non-executive chairman of the board, will also serve as president and ceo on an interim basis.

Peck is leaving in advance of the company’s intention to spin off Old Navy into a separate public company and years of difficulties getting the Gap brand back on track.

Read more from WWD: 

Art Peck Traces the Sustainable Journey of a Pair of Gap Jeans

Gap Inc. Names New Chief for Athleta

Old Navy to Open 800 Stores; Gap Continues to Retreat

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