I thought when Gap reported Q1 earnings, they would announce a new CEO. Exec team said they were very close to choosing a candidate several months ago. Makes me wonder what is going on with the company. The longer they wait, the worse it is for Gap's image!
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Haha. So true. But all CEOs get millions from sign on bonus, stock options and a golden parachute when they get canned a year or two later. But maybe no one wants to carry the legacy of being captain of the Titanic!
Any viable candidate would run far far away. Who in their right mind would take on such a spectacular failure?