David Jaffe

CEO, Ascena (NASDAQ: ASNA)

David Jaffe

CEO, Ascena (NASDAQ: ASNA)

Biography

David Jaffe is President and CEO of ascena retail group, inc., a leading specialty retailer of apparel for women and tween girls. ascena generates over $7 billion in annual sales, operates nearly 5,000 stores across the U.S. and Canada and employs 70,000 associates through its eight distinct brands: Ann Taylor, Loft and Lou & Gray, Lane Bryant, Justice, dressbarn, maurices, Catherines.

David began his retail career with dressbarn in 1992 and spent 10 years learning all aspects of the business, assuming the position of President & CEO in 2002. David drove the transition of dressbarn from an off-price discount store to a lifestyle specialty store brand. With that experience, David began expansion of the company and led four successful acquisitions; the first with maurices in 2005, followed by Justice in 2009, Lane Bryant and Catherines in 2012 and the most recent acquisition of ANN INC. in 2015.

David’s previous experience was as a General Partner of Chemical Venture Partners, a private equity firm, and as a portfolio manager at Merrill Lynch. He received his BS/BA from the Wharton School/University of Pennsylvania and a MBA from the Stanford Graduate School of Business.

David is a Director of the National Retail Federation and the Baker Retailing Center at the Wharton School. He was named the National Ernst & Young Entrepreneur of the Year Family Business Award of Excellence winner in 2013.

David is also a Director of Food Allergy Research & Education and a Trustee of the Connecticut Chapter of The Nature Conservancy.  He lives with his wife and four children in New Canaan, CT.