The struggling retailer announced Thursday that Tom Wyatt will leave Old Navy Feb. 3. It named two senior executives to assume his duties while a search is held for a permanent replacement.
The departure of Wyatt is another blow to Gap as it struggles to turn around its falling sales trends. Wyatt joined Gap in 2006 and took over as head of the Old Navy brand in 2008.
Wyatt, 56, is leaving to become the CEO of Portland, Ore.-based childhood education company Knowledge Universe.
