Shopping 11 Jan 2007 04:15 am

Gap Execs Go Bye-Bye

by Sean Hackbarth

Gap sweatshirt logo

In a follow up to the post on The Gap’s (GPS) troubles the retailer announced some personnel changes:

Gap announced the departure of Denise Johnston, the president of Gap Adult who joined the company in April, and Ivy Ross, executive vice president of product design for the Old Navy chain. Searches for their replacements are being conducted, the company said.

The company also named Karyn Hillman, formerly of the company’s Banana Republic chain, as senior vice president of merchandising for Gap Adult.

CEO Paul Pressler still has his job. That must burn Investor Trip’s TJP.

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One Response to “Gap Execs Go Bye-Bye”

  1. on 11 Jan 2007 at 11:49 am 1.TJP said …

    I’m disgusted with the recent firings. Management turnover is exceedingly high, and it doesn’t seem to solve the problem.

    Pressler needs to go, instead of top executives that barely spent any time with the company. Sales were sluggish before Denise Johnston arrive, so what’s has been accomplished?

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