Art Peck to Succeed Glenn Murphy at Gap

Excerpt from WWD.com – October 8, 2014

Elaine Hughes, president of executive search firm E.A. Hughes & Co., noted that “Glenn was not a conventional choice for the ceo role and came under fire from Wall Street for not showing results fast enough. However, his strategic approach to reviving the business’ profitability proved Wall Street wrong.”

Hughes said Peck’s recent roles at Gap have “provided him with the experience to navigate through the complexity of the hyperglobal environment of tech-induced consumerism. Product is important, but the environment and mechanism to satisfy the customer are critical. Art gets that.”

Art Peck to Succeed Glenn Murphy at Gap (paid subscription to WWD.com required)
Article by David Moin