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Ascena Retail Group, Inc. (ASNA)


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Ascena Retail Group, Inc.

933 MacArthur Boulevard
Mahwah, NJ 07430
United States
551-777-6700
http://www.ascenaretail.com

SectorServices
IndustryApparel Stores
Full Time Employees16,000

Key Executives

NameTitlePayExercisedAge
Mr. David R. JaffeChairman, Chief Exec. Officer and Pres2.11M3.64M58
Mr. Robert GiammatteoChief Financial Officer and Exec. VP716.29kN/A45
Mr. Duane D. HollowayExec. VP, Gen. Counsel and Assistant Sec.216.84kN/AN/A
Mr. John PershingChief HR Officer and Exec. VP803.19kN/A47
Mrs. Roslyn S. JaffeCo-Founder, Sec. and Director EmeritusN/AN/A88
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Corporate Governance

Ascena Retail Group, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 2. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.