With 50% percent female board representation, ascena was recognized
for its strides towards gender parity in the boardroom
MAHWAH, N.J.--(BUSINESS WIRE)--Nov. 14, 2017--
Today, 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
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
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171114006468/en/
Source: ascena retail group, inc.
James Palczynski, 203-682-8229
ascena retail group, inc.
Sue Ross, 218-491-2110