People: Ascena Retail Group Inc (ASNA.O)
ASNA.O on Nasdaq
19.94USD
9:55am EDT
19.94USD
9:55am EDT
Price Change (% chg)
$-0.13 (-0.65%)
$-0.13 (-0.65%)
Prev Close
$20.07
$20.07
Open
$19.93
$19.93
Day's High
$20.00
$20.00
Day's Low
$19.80
$19.80
Volume
79,811
79,811
Avg. Vol
1,540,899
1,540,899
52-wk High
$22.18
$22.18
52-wk Low
$15.95
$15.95
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Elliot Jaffe |
86 | 2002 | Chairman of the Board |
David Jaffe |
53 | 2002 | President, Chief Executive Officer, Director |
Dirk Montgomery |
49 | 2013 | Chief Financial Officer, Executive Vice President |
Michael Rayden |
64 | 2009 | Chief Executive Officer of Tween Brands, Inc.; Director |
John Sullivan |
59 | 2011 | Chief Operating Officer, Executive Vice President |
Jay Levine |
48 | 2011 | Senior Vice President, Chief Accounting Officer, Corporate Controller |
David Johns |
2013 | Senior Vice President, Chief Information Officer | |
Gene Wexler |
57 | 2005 | Senior Vice President, General Counsel, Assistant Secretary |
Kate Buggeln |
51 | 2004 | Independent Director |
Klaus Eppler |
82 | 1993 | Independent Director |
Randy Pearce |
57 | 2005 | Independent Director |
John Usdan |
54 | 2002 | Independent Director |
Biographies
| Name | Description |
|---|---|
Elliot Jaffe |
Mr. Elliot S. Jaffe is Chairman of the Board of Ascena Retail Group, Inc. He is a co-founder of the Company, was Chief Executive Officer from the founding of the Company in 1962 until 2002. Mr. Jaffe is founder and Director Emeritus of the Company, and they are the parents of David Jaffe, a director and CEO, Elise Jaffe, a non-executive officer and a more than 5% stockholder, and Richard Jaffe, a more than 5% stockholder. The Board selected Mr. Jaffe to serve as a director based on his over 60 years of experience in the apparel industry and broad knowledge of the Company business, including as the Company founder, as the Company Chairman for 45 years, and as the Company Chief Executive Officer for 40 years. |
David Jaffe |
Mr. David R. Jaffe is President, Chief Executive Officer, Director of Ascena Retail Group, Inc., since 2002. Previously, he had been Vice Chairman and Chief Operating Officer since 2001. Mr. Jaffe joined the Company in 1992 as Vice President, Business Development and became Senior Vice President in 1995, Executive Vice President in 1996 and Vice Chairman in 2001. Roslyn S. Jaffe is a co-founder and Director Emeritus. |
Dirk Montgomery |
Mr. Dirk A. Montgomery has been appointed as Chief Financial Officer, Executive Vice President of Ascena Retail Group, Inc., effective January 16, 2013. Mr. Montgomery was most recently Executive Vice President and Chief Value Chain Officer of Bloomin’ Brands, Inc. Prior to that position, he served as Chief Financial Officer of Bloomin’ Brands for six years. Prior to joining Bloomin’ Brands in 2005, Mr. Montgomery served in a variety of domestic and international leadership roles in the areas of finance, procurement, strategic planning and operations in the retail and consumer products segments. This included experience in financial leadership roles such as Chief Financial Officer of the $9 billion Con Agra Foods Retail Group, as Chief Financial Officer of Express (previously a division of Limited Brands) and in several senior management positions with the Sara Lee Corporation. Mr. Montgomery began his career at Ernst & Young as an auditor and corporate finance consultant. He has an undergraduate degree in Accountancy from Miami University of Ohio, a CPA from the State of Ohio, and an MBA from the University of Chicago with a concentration in Finance and a specialization in Policy. |
Michael Rayden |
Mr. Michael W. Rayden is Chief Executive Officer of Tween Brands, Inc., a subsidairy Company; Director of the Ascena Retail Group, Inc. He is the Chief Executive Officer of Tween Brands, Inc. Prior to the acquisition of Tween Brands, Inc. by the Company on November 25, 2009, Mr. Rayden served as Chief Executive Officer of Tween Brands, Inc. since March 1996 and was elected Chairman of the Board of Tween Brands, Inc. in August 1999. Mr. Rayden also served as the President of Tween Brands, Inc. from March 1996 until January 2007. Before joining Tween Brands, Inc., he served as President, Chief Executive Officer and Chairman of the Board of Pacific Sunwear of California, Inc. from 1990 to 1996, President and Chief Executive Officer of The Stride Rite Corporation from 1987 to 1989 and President and Chief Executive Officer of Eddie Bauer Inc. from 1984 to 1987. |
John Sullivan |
Mr. John J. Sullivan is Chief Operating Officer, Executive Vice President of Ascena Retail Group, Inc., effective November 07, 2011. Mr. Sullivan's executive career spans more than 30 years. Prior to joining the Company, he served as Executive Vice President and Chief Information Officer for QVC. While at QVC, he architected a multi-year strategy to support its multi-channel business including a global consumer website, a comprehensive Warehouse Management System, and a Customer Relationship Management System that enabled strategic promotions, cross selling, and customer personalization. Prior to joining QVC, Mr. Sullivan was the Senior Vice President Sourcing, Systems and Chief Information Officer for Liz Claiborne, where he was responsible for the company's global information systems, merchandise replenishment, global apparel and accessories manufacturing, and customer service for both wholesale and retail operations. During his tenure, he spearheaded a five-year plan to transform the company's supply chain and sourcing strategy. |
Jay Levine |
Mr. Jay Levine is Senior Vice President, Chief Accounting Officer and Corporate Controller of Ascena Retail Group, Inc., since 2011. He is responsible for SEC reporting, internal reporting, corporate budgeting/financial planning, shared accounting services and global tax and compliance. Prior to joining the Company, Mr. Levine was Vice President and Corporate Controller for Ralph Lauren Corporation for five years and, preceding that, had roles of increasing responsibility for twelve years at Time Warner Inc., including his last role as Vice President and Chief Accounting Officer of Time Warner Inc.'s Music Division. Mr. Levine started his career and spent eight years at Ernst & Young LLP. |
David Johns |
Mr. David Johns has been appointed as Senior Vice President, Chief Information Officer of Ascena Retail Group, Inc. Mr. Johns joins ascena with experience, including the past nine years at Owens Corning where he held the position of Senior Vice President, Chief Information Officer & Chief Global Shared Services Officer. In this role, Mr. Johns had oversight for all Owens Corning business shared service centers, manufacturing technology, project portfolio management, sourcing and information systems. Mr. Johns held several senior leadership roles at Owens Corning including Senior Vice President, Chief Information Officer and Chief Supply Chain Officer. Prior to his experience at Owens Corning, Mr. Johns held technology positions with Honeywell, Inc. and Time Warner. In both of these roles, he orchestrated computer systems development and management activities at both the division and corporate levels. David holds a Bachelor of Science in Computer Science Engineering from The Ohio State University and a Master of Business Administration from the University of Dayton. He was inducted into the CIO Hall of Fame in 2009 and was named one of Computerworld's Premier 100 information technology leaders for 2012. |
Gene Wexler |
Mr. Gene L. Wexler, Esq., is Senior Vice President, General Counsel and Assistant Secretary of Ascena Retail Group, Inc., since 2005. |
Kate Buggeln |
Ms. Kate Buggeln is Independent Director of Ascena Retail Group, Inc. She is on the Governing Board of the Business Council for Peace. Ms. Buggeln has provided business strategy and brand management consulting services since 2005. Ms. Buggeln was Senior Vice President, Strategic Planning and Business Development for Coach, Inc. from 2001 to 2004. Ms. Buggeln is also a director of VS Holdings, Inc., the parent company of The Vitamin Shoppe, Inc. She previously served on the board of directors of Timberland Company until its acquisition in September 2011. |
Klaus Eppler |
Mr. Klaus Eppler is Independent Director of Ascena Retail Group, Inc. He is a pensioned partner in the law firm of Proskauer Rose LLP. He was an equity partner of Proskauer Rose LLP from 1965 to 2001. Mr. Eppler is also a director of Bed Bath & Beyond Inc. Mr. Eppler has served as a director of one or more retailers continuously for over 35 years. Throughout his career as a practicing attorney, he represented numerous public companies, including many retail companies. |
Randy Pearce |
Mr. Randy L. Pearce is Independent Director of Ascena Retail Group, Inc. He was from February 2011 until his retirement on June 30, 2012 President of Regis Corporation, an owner, operator and franchisor of hair and retail product salons. From 1998 until February 2011, Mr. Pearce served as Senior Executive Vice President, Chief Financial and Administrative Officer of Regis Corporation, and held various executive positions at Regis Corporation since 1985. The Board selected Mr. Pearce to serve as a director based on his financial background in auditing and in internal controls over financial reporting of publicly held retail companies. On August 2, 2012, Mr. Pearce was appointed to the Board of Directors, and Chair of the Audit Committee, of Appliance Recycling Centers of America. |
John Usdan |
Mr. John Usdan is Independent Director of Ascena Retail Group, Inc. Since 1981, been President of Midwood Management Corporation, a company specializing in real estate ownership, development and management. The Board selected Mr. Usdan to serve as a director because of his background in real estate and strategic planning. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Elliot Jaffe |
683,162 |
David Jaffe |
7,168,510 |
Dirk Montgomery |
-- |
Michael Rayden |
5,685,660 |
John Sullivan |
-- |
Jay Levine |
-- |
David Johns |
-- |
Gene Wexler |
1,357,900 |
Kate Buggeln |
-- |
Klaus Eppler |
-- |
Randy Pearce |
-- |
John Usdan |
-- |
As Of 27 Jul 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Elliot Jaffe |
0 | 0 |
David Jaffe |
600,000 | 8,454,000 |
Dirk Montgomery |
0 | 0 |
Michael Rayden |
0 | 0 |
John Sullivan |
0 | 0 |
Jay Levine |
0 | 0 |
David Johns |
0 | 0 |
Gene Wexler |
16,000 | 235,522 |
Kate Buggeln |
0 | 0 |
Klaus Eppler |
0 | 0 |
Randy Pearce |
0 | 0 |
John Usdan |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
RAYDEN MICHAEL W |
40,000 | $10.40 |
RAYDEN MICHAEL W |
40,000 | $19.08 |
CORREIA ARMAND S |
26,556 | $18.75 |
WEXLER GENE L |
20,000 | $18.29 |
WEXLER GENE L |
20,000 | $7.50 |
SULLIVAN JOHN JOSEPH |
5,000 | $0.00 |
SULLIVAN JOHN JOSEPH |
1,852 | $18.65 |
WEXLER GENE L |
7,000 | $18.93 |
JAFFE ELISE S |
160,000 | $3.38 |
JAFFE DAVID R |
600,000 | $3.38 |
RAYDEN MICHAEL W |
44,962 | $20.64 |
RAYDEN MICHAEL W |
59,586 | $21.19 |
CORREIA ARMAND S |
22,224 | $20.64 |
CORREIA ARMAND S |
48,554 | $0.00 |
JAFFE ELISE S |
20,319 | $0.00 |
RAYDEN MICHAEL W |
104,548 | $0.00 |
WEXLER GENE L |
33,689 | $0.00 |
JAFFE DAVID R |
156,890 | $0.00 |
CORREIA ARMAND S |
8,029 | $21.32 |
CORREIA ARMAND S |
8,029 | $7.50 |
JAFFE ELLIOT S |
105,000 | $5.92 |
JAFFE ELLIOT S |
105,000 | $20.87 |
JAFFE ELLIOT S |
300,000 | $20.21 |
JAFFE ELLIOT S |
300,000 | $5.92 |
JAFFE ELLIOT S |
75,000 | $5.92 |

