Ascena Group’s non-executive chair to retire

Elliot S. Jaffe, ascena retail group’s co-founder and non-executive chairman of the board of directors, announced his plan to retire.



Jaffe co-founded dressbarn in 1962 and served as CEO until 2002. He was ascena’s chairman of the board until January 2011, and then transitioned to non-executive chairman.



“EJ’s leadership has, from the start, provided the vision and passion to evolve from a single store with one banner to a family of brands,” said David Jaffe, president and CEO of ascena.