MAHWAH, N.J.--(BUSINESS WIRE)--Feb. 11, 2015--
Ascena Retail Group, Inc.(NASDAQ: ASNA) today announced that
after a thorough search of internal and external candidates, Robb
Giammatteo has been appointed to serve as ascena’s Chief Financial
Officer. As CFO, Mr. Giammatteo will oversee ascena’s finance
organization, which includes accounting, financial planning and
analysis, internal audit, investor relations, lease administration, tax,
and treasury functions.
David Jaffe, President and CEO of Ascena Retail Group, Inc., said “We
realized, during the course of our search for a new Chief Financial
Officer, that Robb has a deep command of our business, strong
communication skills, a powerful work ethic and clear leadership
ability. He has demonstrated that he is an extraordinarily capable and
valued team member and we are pleased to have found exactly the
candidate we desired within our own organization. The board of directors
and the balance of our management team have high expectations,
confidence and enthusiasm for him in this position.”
Mr. Giammatteo joined ascena in September 2013 as its Senior Vice
President of Financial Planning and Analysis and Investor Relations.
Before joining ascena, he held the position of Vice President of
Corporate Financial Planning and Analysis at VF Corporation. Prior to VF
Corporation, Mr. Giammatteo spent several years in a variety of
financial leadership roles at Limited Brands and General Motors. He
holds a Master’s Degree in Mechanical Engineering from Rensselaer
Polytechnic Institute, a Master’s Degree in Aeronautical Engineering
from the Massachusetts Institute of Technology (MIT), and an MBA from
MIT’s Sloan School of Management.
Mr. Giammatteo said, “I am very grateful for the opportunity to have
supported the ascena finance team through this transitional period, and
I am excited to partner with David and the rest of the ascena senior
leadership team to help realize the full potential of our business model
as we move forward.”
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 3,900 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
Senior Managing Director