MAHWAH, N.J.--(BUSINESS WIRE)--Sep. 9, 2014--
Ascena Retail Group, Inc.(NASDAQ:ASNA) today announced that
Ernest LaPorte joined the company as SVP, Chief Accounting Officer. As
CAO, Mr. LaPorte will oversee Ascena’s accounting, financial reporting
and accounting shared service functions.
“Ernie’s deep background in accounting and finance will be a great asset
to Ascena,” said David Jaffe, President and CEO of the Ascena Retail
Group, Inc. “Ernie’s experience combined with his strong leadership
makes him an ideal match for this position.”
For the last seven years, Mr. LaPorte held the position of SVP,
Controller at Saks Incorporated. Prior to Saks, Mr. LaPorte gained
experience at the Movado Group, Inc. as VP of Finance and Principal
Accounting Officer and Barnes & Noble where he spent six years in
finance. Mr. LaPorte has also held various accounting and finance
leadership positions at General Electric.
“I’m so impressed with Ascena’s business model and track record of
results. I look forward to leveraging my prior experience in helping the
Ascena team build upon its positive momentum,” said Mr. LaPorte.
Mr. LaPorte is a CPA and holds a B.S. in accounting from Mercy College
in Dobbs Ferry, NY.
About Ascena Retail Group, Inc.
Ascena Retail Group, Inc. (NASDAQ:ASNA) is a leading specialty retailer
offering clothing, shoes, and accessories for missy and plus-size women
under the Lane Bryant, Cacique, maurices, dressbarn
and Catherines brands; and for tween girls and boys, under
the Justice and Brothers brands. Ascena Retail Group, Inc.
operates through its subsidiaries approximately 4,000 stores throughout
the United States and Canada.
For more information about Ascena Retail Group, Inc. and its brands,
Source: Ascena Retail Group, Inc.
Ascena Retail Group, Inc.
James Palczynski, 203-682-8229