John L. Welborn Jr. serves as Independent Director of the Company. Mr. Welborn serves as a Managing Director of Stadium Capital Management, LLC (“Stadium”), an investment advisory firm that focuses on smaller capitalized publicly-traded companies in the U.S., Canada and Western Europe. In his role at Stadium, Mr. Welborn has led or supported Stadium’s due diligence across many different industries, including financial services, retail, software and business services. Mr. Welborn joined Stadium in 2000 as an Associate. Prior to joining Stadium, from 1998 to 2000, Mr. Welborn was a Financial Analyst at The Beacon Group, LLC, an investment and advisory firm that is now part of J.P. Morgan Chase & Co. At Beacon, Mr. Welborn was a member of the Mergers & Acquisitions Group, focusing on financial services and consumer product companies and the Liquid Investments Committee. From 2012 to 2014, Mr. Welborn served as a director and member of the governance committee of Intermountain Community Bancorp and as a director of Panhandle State Bank, Inc. From 2009-2013, Mr. Welborn was a board observer of West Coast Bancorp.
As the Independent Director of Ascena Retail, the total compensation of John Welborn at Ascena Retail is $227,388. There are 3 executives at Ascena Retail getting paid more, with Gary Muto having the highest compensation of $3,199,940.
John Welborn is 42, he's been the Independent Director of Ascena Retail since 2018. There are 11 older and no younger executives at Ascena Retail. The oldest executive at Ascena Retail Group, Inc. is Paul Keglevic, 66, who is the Independent Director.
John's mailing address filed with the SEC is C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH, NJ, 07430.
Over the last 14 years, insiders at Ascena Retail have traded over $25,903,541 worth of Ascena Retail stock and bought 264,400 units worth $4,120,359 . The most active insiders traders include David R Jaffe, Michael W Rayden, and Carl Rubin. On average, Ascena Retail executives and independent directors trade stock every 28 days with the average trade being worth of $26,344. The most recent stock trade was executed by Gary Muto on 30 June 2020, trading 25,000 units of ASNA stock currently worth $15,158.
Ascena Retail Group, Inc. engages in the retail of apparel for women, and tween girls. It operates through the following segments: Premium Fashion, Value Fashion, Plus Fashion, and Kids Fashion. The Premium Fashion segment consists of products under Ann Taylor and LOFT brands. The Value Fashion segment includes the Dressbarn brands. The Plus Fashion segment covers the products under Lane Bryant and Catherines brands. The Kids Fashion segment comprises of products under Justice brand. The company was founded by Elliot S. Jaffe and Roslyn S. Jaffe in 1962 and is headquartered in Mahwah, NJ.
Ascena Retail executives and other stock owners filed with the SEC include: