ascena Pays Tribute to “Fearless Girl”
March 16 2017 - 3:30PM
Business Wire
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.
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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 Krill said 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170316006239/en/
For investors:ICR, Inc.James Palczynski,
203-682-8229Partnerjp@icrinc.comorFor media:ascena retail group,
inc.Sue Ross, 218-491-2110Corporate
Affairssue.ross@ascenaretail.com
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