Watch: Gap Brand CEO and President to step down
Gap Inc has announced that Jeff Kirwan, brand CEO and president, is planning to step down. Though Gap saw four consecutive quarters of sales growth last year, some analysts say Old Navy was pulling more than its weight. We have also seen the results of exceptional marketing and customer engagement reflected in increased traffic, improved sales, and the strength of the digital business. For now, the search is on to find Kirwan’s replacement while interim CEO Brent Hyder keeps the ship steady.