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Gap brand president and CEO steps down

US clothing brand Gap has announced that Jeff Kirwan, president and chief executive of the Gap brand, has stepped down.

FASHION

Gap brand president and CEO steps down

US clothing brand Gap has announced that Jeff Kirwan, president and chief executive of the Gap brand, has stepped down.

In a statement Art Peck, chief executive of Gap Inc., said: “Under Jeff’s leadership we made significant progress on the operating model of Gap brand. 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.

“While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand. As we move into the brand’s next phase of development, Jeff and I agreed it was an appropriate time for a change in leadership.”

The company is currently conducting a search for Kirwan’s replacement. In the interim period, Brent Hyder, currently Gap Inc. executive vice president for global talent and sustainability, will oversee the brand.

Prior to his current role, Hyder served as chief operating officer at Gap brand. He was also previously vice president and general manager of Gap Japan where he led all aspects of the Gap Inc. business in Japan.

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