Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 15, 2012, the Compensation and Management Development Committee of
the Board of Directors of The Gap, Inc. (the "Company") approved the following
management change: Art Peck, President of Gap North America, will become
President of Innovation, Digital Strategy and New Brands. Effective November 5,
2012, Mr. Peck will begin to transition into his new role. On October 16, 2012,
the Company issued a press release announcing this management change. A copy of
this press release is attached hereto as Exhibit 99.1.
Item 7.01. Regulation FD Disclosure
On October 15, 2012, the Compensation and Management Development Committee of
the Board of Directors of the Company approved certain Company management
changes including:
• Stephen Sunnucks, President of Gap Inc. International, will become Global
President of Gap brand;
• Jack Calhoun, President of Banana Republic North America, will become
Global President of Banana Republic; and
• Art Peck, President of Gap North America, will become President of
Innovation, Digital Strategy and New Brands.
Effective November 5, 2012, these individuals will begin to transition into
their new roles. On October 16, 2012, the Company issued a press release
announcing these management changes. A copy of this press release is attached
hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
99.1 Press Release dated October 16, 2012