Gap Inc. CFO To Depart

Gap Inc. said Wednesday that Sabrina Simmons, the company's chief financial officer, will depart the company at the end of the fiscal year, ending January 2017. Simmons has been with the company since 2001 and became CFO in late 2007. Gap shares are down 0.3% in after-hours trading, but up 9% for the year so far. The S&P 500 Index is up 2.6% for 2016 to date.