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.

ascena retail announces Linda Yaccarino as the 9th member of its Board of Directors

MAHWAH, N.J., 2016-Oct-12 — /EPR Retail News/ — ascena retail group, inc. (NASDAQ:ASNA), today (Oct. 11, 2016) announced that, after an extensive search, Linda Yaccarino has been appointed as an independent director of ascena, effective immediately. Her appointment returns the ascena Board of Directors to nine members.

Ms. Yaccarino currently serves as Chairwoman, Advertising, Sales and Client Partnerships for NBCUniversal, Inc.With nearly $10 billion dollars of annual revenue responsibility, she is responsible for national advertising revenues and marketplace strategy and innovation for the company’s wide-reaching portfolio, which comprises two broadcast networks, 15 cable networks, and over 50 digital properties.

Since joining NBCUniversal, Inc. in 2011, Ms. Yaccarino has transformed advertising sales into the leading sales and marketing organization in the industry. Prior to joining NBCUniversal, Ms. Yaccarino served as Executive Vice President and COO of Turner Entertainment Advertising Sales, where she was responsible for advertising revenues, marketing and program acquisitions for the company’s portfolio of networks.

Ms. Yaccarino was recognized in 2015 by The Hollywood Reporter’s “Women in Entertainment: Power 100” for the third year in a row. She was also recognized by Variety’s “Power of Women of New York” in 2014 and as a “CEO of Tomorrow” by BusinessWeek.

As an active leader in community and philanthropic work, Ms. Yaccarino sits on the Executive Committee and Board of the Ad Council and on numerous philanthropic boards such as Adults and Children with Learning and Development Disabilities (ACLD) and the John A. Reisenbach (JAR) Foundation. Her community and professional affiliations include active involvement with Women in Cable & Telecommunications and Penn State University, where she sits on the Dean’s Advancement Council in the College of Communications.

“We are delighted to have Linda join our Board,” said Elliot S. Jaffe, Co-Founder and Non-Executive Chairman of the Board. “She brings a wealth of experience that we believe will add great value to our Board.”

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 Ann Taylor, LOFT, Lou & Grey, Lane Bryant, maurices, dressbarn and Catherines brands, and for tween girls under the Justice brand. ascena retail group, inc. operates ecommerce websites and approximately 4,900 stores throughout the United States, Canada and Puerto Rico.

Contact:

For investors:
ascena retail group, inc.
Stacy Turnof
551-777-6928
Vice President of Investor Relations
stacy.turnof@ascenaretail.com

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

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

Source: ascena retail group, inc.