Gap’s ex-chief got $8.9 million in ’06

Gap Inc. paid $8.9 million last year to Paul Pressler, who stepped down as the company’s chief executive in January after profit fell for six straight quarters.

Compensation for Pressler, hired away from Walt Disney Co. in 2002 to help boost Gap’s declining stock price, included a salary of $1.53 million and stock options valued at $3.24 million, the San Francisco-based company said in a regulatory filing.