Executive Shift at Gap

San Francisco–based Gap Inc. is losing its chief financial officer. The retail giant announced that Byron Pollitt is leaving to pursue other interests. His duties will be assumed by Sabrina Simmons, who was recently promoted from senior vice president of corporate finance to executive vice president. Simmons, who has been with the company for six years will serve as acting chief financial officer and will report to Glenn Murphy, the company’s chairman and chief executive officer.