Gap CEO Art Peck on Improving Company Diversity

The transcript discusses the importance of diversity in a company, highlighting gender and racial diversity among employees and in advertising. CEO Art Peck emphasizes the company's commitment to inclusivity, mentioning initiatives like Old Navy Plus to cater to diverse body types. The company aims to reflect the modern world in its advertising, promoting mixed race and same-sex couples. Peck acknowledges areas for improvement, particularly in racial diversity and board representation, while celebrating achievements in gender equality and pay equity.

What percentage of the company's global employees are women?

• 80%

• 69%

• 74%

• 50%

What motivated the company to expand its product range to include plus sizes?

• Customer complaints

• Competitor analysis

• Employee advocacy

• Market research

What area does the company acknowledge needing improvement in, despite its success in gender diversity?

• Customer service

• Racial diversity

• Product quality

• Environmental sustainability

What is the company's approach to diversity on its board?

• Focusing solely on gender diversity

• Increasing gender and racial diversity

• Maintaining current diversity levels

• Prioritizing financial expertise over diversity

How did the public react to the company's advertisement featuring two men in the same T-shirt?

• It was largely criticized

• It led to a boycott

• It received overwhelming support

• It was ignored

What is one of the key values of the company's brands as reflected in their advertising?

• Luxury

• Exclusivity

• Democracy

• Minimalism

How does the company view the impact of diversity in advertising on its customer base?

• It has no impact

• It negatively affects sales

• It positively influences customer diversity

• It confuses customers