Ascena Retail Group announces senior management changes

Source: businesswire, Monday, May 6, 2019

Ascena Retail Group has announced changes in its senior management structure. David Jaffe is to retire from his role as Chairman and CEO. He will remain on the Board of Directors. Gary Muto, currently President and Chief Executive Officer of Ascena brands, has been named the company’s new CEO and will join the Ascena Board of Directors. In addition, Carrie Teffner has been named Interim Executive Chair of the Board of Directors.