Gap US boss stands down as group reshuffles executive team
03 February 2011 10:11
Gap Inc. has made significant changes to its management and organisational structure in a bid to boost performance in North America and deliver global growth.
"I expect more from our Gap business in North America," said Glenn Murphy, chairman and CEO of Gap Inc. "The changes we're making are intended to propel the brand to deliver the product and brand experiences our customers demand worldwide."
Marka Hansen will step down immediately as president of Gap North America and Art Peck, currently responsible for growing the Outlet business, will move into the role.
"Marka has been one of Gap's most passionate champions for 24 years, leaving a strong imprint on the company as a highly-respected leader, talented merchant, and mentor to many," said Glenn Murphy. "During the last four years, Marka has put many foundational pieces in place - such as 1969 denim and our new store design - that should provide a springboard for the future."
"After several conversations, Marka and I agreed this was the right time for a change in the organization in order to take Gap brand to a new level. I am grateful for all that Marka has contributed to the company," Murphy added.
Other changes include Pam Wallack, current president of Gap Adult North America who will become head of Gap's new global creative centre, which will be focused in New York and will also oversee the group's international expansion and e-commerce operations.
Patrick Robinson (adult) and Jennifer Giangualano (kids/baby) will head up the team.In addition, the group has made significant marketing changes, with Ogilvy & Mather Worldwide appointed marketing agency for the Gap brand globally and Seth Farbman appointed Gap's chief marketing officer.
Commenting on the departure of Marka Hansen, who has been with the group for 24 years, chairman and CEO Glenn Murphy said that it was "the right time for a change in the organisation in order to take the Gap brand to a new level."
In addition, the group will merge its Outlet division with the Gap and Banana Republic brands.
"The Outlet team is known for working in a nimble and decisive manner, which has contributed to its impressive growth. We'll tap into the strongest leaders from both Gap and the Outlet divisions to drive sustainable performance going forward," added Mr Murphy.
Retail news is updated every weekday and is provided courtesy of: 
