ascena honored by the Women’s Forum of New York for achieving at least 25 percent female representation on its board

With 50% percent female board representation, ascena was recognized for its strides towards gender parity in the boardroom

MAHWAH, N.J., 2017-Nov-16 — /EPR Retail News/ — Today (Nov. 14, 2017), ascena and David Jaffe, Chairman and CEO, were honored by the Women’s Forum of New York at the fourth biennial Breakfast of Corporate Champions for achieving at least 25 percent female representation on their board. The company, which has a representation of 50% percent women on their board, was applauded as a corporate game changer who is making special efforts to advance women in the boardroom.

“Diversity makes us stronger,” said David Jaffe, Chairman and CEO. “Our mission revolves around serving and inspiring women. Diversity on our Board, as well as across the company, leads to more innovation and ideas. It’s not only the right thing to do, it’s the smart choice.”

“We congratulate ascena and their work towards achieving a greater gender balance in their boardroom,” said Janice Reals Ellig, CEO, The Ellig Group and Chair of the event. “ascena knows that more women on boards is smart business and their continued success is an inspiration to others.”

The event brought together an audience of over 600, including CEOs and Board Directors along with business leaders, government officials, thought leaders and influential media in special recognition of forward-thinking companies.

This year’s Breakfast of Corporate Champions kicked off with a call to action from tennis legend Billie Jean King, who founded the Billie Jean King Leadership Initiative with Teneo four years ago, to foster more inclusive leadership including more representation of women and diversity in corporate America. The highest honor, the Muriel F. Siebert Leadership Award, will be presented to Mary Barra, CEO of General Motors for under her leadership, the company became the first major industrial corporation to achieve gender parity on its board.

For more information on about ascena please visit https://www.ascena.com or to learn more about the Women’s Forum of New York and the Women’s Forum CEO-Sponsored Database, please visit https://www.womensforumny.org/.

About ascena retail group, inc.

ascena retail group, inc. (NASDAQ: ASNA) is a leading national specialty retailer offering apparel, shoes, and accessories for women under the Premium Fashion segment (Ann Taylor, LOFT, and Lou & Grey), Value Fashion segment (maurices and dressbarn), Plus Fashion segment (Lane Bryant and Catherines), and for tween girls under the Kids Fashion segment (Justice). ascena retail group, inc. operates ecommerce websites and approximately 4,800 stores throughout the United States, Canada and Puerto Rico.

For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, LOFT.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, Catherines.com, and shopjustice.com.

About the Women’s Forum of New York

The Women’s Forum of New York is the city’s premier organization of women leaders. The invitation-only membership of more than 500 women, representing the highest levels of achievement across all professional sectors from finance to fine arts, is dedicated to the advancement of women’s leadership through programs which enrich members lives personally and professionally, through The Education Fund which enables talented women whose potential has been disrupted by extreme adversity to resume their education, and through the Corporate Board Initiative, which extends and expands the contribution of women leaders through corporate board participation. Founded in 1974, the Women’s Forum of New York is the flagship of the International Women’s Forum, a global organization of over 6500 outstanding women leaders in over 74 Forums around the world.

For investors:
ICR, Inc.
James Palczynski
203-682-8229
Partner
jp@icrinc.com

For media:
ascena retail group, inc.
Sue Ross
218-491-2110
Corporate Affairs
sue.ross@ascenaretail.com

Source: ascena retail group, inc.

ascena underscores the importance of female leadership in business and the need for gender equity on public boards

ascena underscores the importance of female leadership in business and the need for gender equity on public boards

 

NEW YORK, 2017-Mar-21 — /EPR Retail News/ — After the ascena retail group, inc.’s quarterly Board of Directors meeting, four women members left the Board Room in Times Square to pay tribute to the “Fearless Girl” statue on Wall Street to underscore the importance of female leadership in business and the need for gender equity on public boards.

ascena Board Members Katie Bayne, Senior Vice President, Global Sparkling Brands, The Coca-Cola Company; Kate Buggeln, Senior Advisor, Irving Place Capital; Linda Yaccarino, Chairman of Advertising Sales & Client Partnerships at NBCUniversal; and Kay Krill, former President and CEO of ANN INC. stand with the “Fearless Girl” on Wall Street in solidarity and celebration of female leadership in business, gender equality and the progress ascena has made regarding equal representation on its Board. (Photo by Angela Pham, BFA)

Four of the eight ascena Board Members are women, including Katie Bayne, Senior Vice President, Global Sparkling Brands, The Coca-Cola Company; Kate Buggeln, Senior Advisor, Irving Place Capital; Kay Krill, former President and CEO of ANN INC.; and Linda Yaccarino, Chairman of Advertising Sales & Client Partnerships at NBCUniversal.

“Today, we are proud to stand in solidarity with each other and with the “Fearless Girl” to honor the significant impact and growing influence women have on the future of business and society,” Kay Krillsaid on behalf of her colleagues on the ascena Board of Directors. “As female leaders, we believe boards need to make meaningful progress in gender equality NOW for the next generation of women as well as for economic success.”

“Gender parity is an issue we feel strongly about, especially as a family of brands that serves women and girls,” said David Jaffe, President and CEO of ascena retail group, inc. “A few years ago, we made the very intentional decision to completely transform our Board with a greater emphasis on gender balance and are proud to have 50% female representation on our Board today.”

About ascena retail group, inc.

ascena retail group, inc. (NASDAQ: ASNA) is a leading national specialty retailer offering apparel, shoes, and accessories for women under the Premium Fashion segment (Ann Taylor, LOFT, and Lou & Grey), Value Fashion segment (maurices and dressbarn), Plus Fashion segment (Lane Bryant and Catherines), and for tween girls under the Kids Fashion segment (Justice). ascena retail group, inc. operates ecommerce websites and approximately 4,900 stores throughout the United States, Canada and Puerto Rico.

For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, LOFT.com, louandgrey.com, maurices.com, dressbarn.com, lanebryant.com, cacique.com, Catherines.com, and shopjustice.com.

Contact:

For investors:
ICR, Inc.
James Palczynski
203-682-8229
Partner
jp@icrinc.com

For media:
ascena retail group, inc.
Sue Ross
218-491-2110
Corporate Affairs
sue.ross@ascenaretail.com

Source: ascena retail group, inc.