Business Leaders Host Conversations At New Canaan Library

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David Jaffe, president and CEO of Ascena Retail Group, will speak at the New Canaan Library at 5 p.m. on Sunday, May 4.
David Jaffe, president and CEO of Ascena Retail Group, will speak at the New Canaan Library at 5 p.m. on Sunday, May 4. Photo Credit: New Canaan Library

NEW CANAAN, Conn. - David Jaffe will speak at the sixth annual Conversations with Business Leaders at the New Canaan Library at 5 p.m. on Sunday, May 4.

Jaffe is president and CEO of Ascena Retail Group Inc., a leading specialty retailer of apparel for women and tween girls. Ascena generates $5 billion in annual sales, and operates nearly 4,000 stores across the U.S. and Canada.

He began his retail career with Dress Barn in 1992, and became president and CEO in 2002. Jaffe spearheaded the transition of Dress Barn from an off-price discount store to a lifestyle specialty-store brand. That success led to three successful mergers: the first with Maurices in 2005, followed by Justice in 2009, and the most recent one with Lane Bryant and Catherines in 2012. The parent company was renamed Ascena Retail Group in 2011.

His 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 bachelor's from the Wharton School/University of Pennsylvania and an MBA from the Stanford Graduate School of Business. He is a director of the National Retail Federation and the Baker Retailing Center at the Wharton School. David also serves as a trustee of the Connecticut Chapter of The Nature Conservancy.

He lives with his wife and four children in New Canaan.

The New Canaan Library is located at 151 Main St. Call 203-594-5000 or visit www.newcanaanlibrary.org for more information.

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