Good-bye to Pressler... again
Published: January 22, 2007 at 9:50 PM
Pressler got kicked upstairs to Disney corporate, overseeing Disney's theme parks around the world. Until he was lured away (just before he got pushed out the door, some say) to run The Gap, Inc.
Well, until today. Pressler's out of a job now.
Gap Inc. dumped Paul Pressler as chief executive Monday after a year of broken promises that culminated in a dismal holiday shopping season to deepen the clothing retailer's misery.
"This was a long time coming," said retail industry analyst Jennifer Black. "They need to bring in a visionary, an incredibly talented merchant who can see quite a ways into the future."