Gap names Art Peck CEO
Mr. Peck will join the Board, effective February 1, 2015. Mr. Peck worked in a variety of brand, strategy and operational roles since joining the company in 2005. He is currently responsible for creating the company’s omni-channel and digital strategies, and guiding the emerging Athleta, Intermix and Piperlime brands. Among his various roles within the company, Mr. Peck led the North American division for Gap brand.
Previously he was head of the outlet business for Gap and Banana Republic. In his first few years with the company, he led the development of the global strategy that continues to guide the company, and established and launched its first franchise markets.
Prior to joining Gap Inc., Mr. Peck spent more than 20 years at The Boston Consulting Group where he rose to senior partner, with a focus on consumer technology, media and entertainment, consumer products, and retail.
Mr. Murphy made the personal decision to retire from the company at the end of the fiscal year.
Mr. Murphy joined Gap Inc. in mid-2007. Prior to joining Gap Inc., he had more than 25 years of retail experience in Canada, and led several diverse retail businesses and brands in the areas of food, health and beauty, and books. From 2001 to 2007, he served as chairman and CEO of Shoppers Drug Mart, Canada's largest drug store chain. He also had a 14-year career with Loblaw Companies Ltd, Canada's largest food distributor and supermarket chain.
Mr. Murphy serves as the chairman of the Gap Foundation Board of Trustees. He holds a B.A. from the University of Western Ontario. ■