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Gary Muto replaces David Jaffe as Ascena’s new CEO

Ascena Retail Group, Inc. has announced changes in its senior management structure. The company said, David Jaffe will retire from his role as chairman and CEO but will remain on the board of directors. Gary Muto, currently president and chief executive officer of Ascena Brands, has been named the company’s Chief Executive Officer and will join...

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Ascena Retail Group announces leadership changes

Ascena Retail Group has announced consolidation of its executive leadership structure as part of its efforts to reinvigorate top-line growth, enhance its culture of performance and accountability. As a part of the development, Gary Muto has been appointed to the newly created position of President and CEO of Ascena Brands, with responsibility...