NEW YORK, Nov. 24, 2014 /CNW/ -- ANN INC. (NYSE: ANN), the
parent Company of Ann Taylor and
LOFT, today announced that Katie J.
Bayne has been elected to its Board of Directors. Ms. Bayne
serves as Senior Vice President, Global Sparkling Brands at The
Coca-Cola Company. In this role, she is responsible for global
marketing, portfolio strategy and innovation for the flagship
brand, Coca-Cola, and the Company's other sparkling brands around
the world. She also oversees worldwide licensing, retail and
attractions for The Coca-Cola Company.
Ms. Bayne joined Coca-Cola in 1989 in brand management and has
since held roles of increasing responsibility, focused on consumer
strategy, retail marketing and consumer marketing in the U.S. and
Australia. From 2010 to 2013, she was President and General
Manager, Sparkling Beverages, Coca-Cola North America. Prior to her
current position, Ms. Bayne served as President, North America
Brands for The Coca-Cola Company.
An active leader in community and philanthropic work, Ms. Bayne
currently sits on the Board of Trustees for the American Film
Institute (AFI) and the Board of Trustees of the Lovett School in
Atlanta. She also serves on the
Board of the Atlanta Women's Foundation, an organization dedicated
to being a catalyst for change in the lives of women and girls and
to ending generational poverty. Ms. Bayne holds a BA from
Duke University and an MBA from the
Fuqua School of Business at Duke
University.
"Katie is an outstanding addition to ANN INC.'s Board of
Directors. She brings an exceptional background in strategic
marketing and brand management that will add value to the Company,"
said Ron Hovsepian, Non-Executive
Chairman of the Board. "We're delighted to welcome her to the Board
and look forward to her insights and contributions."
"I am honored to join ANN INC.'s Board and work with this
remarkable team," said Ms. Bayne. "ANN INC. is one of the leading
women's specialty retailers and I look forward to sharing my
experiences and contributing to the future direction and growth of
the Company."
The Board appointed Ms. Bayne following an extensive
search. Ms. Bayne will serve as a Class I Director with a
term expiring at the 2016 Annual Meeting of Stockholders of the
Company in accordance with the Company's Certificate of
Incorporation. Ms. Bayne's appointment increases the size of
the ANN INC. Board to nine members, eight of whom are independent
directors. For more information, visit the Company's Investor
Relations website at http://Investor.ANNINC.com.
About ANN INC.
ANN INC. is the parent Company
of Ann Taylor and LOFT, two of the
leading women's specialty retail fashion brands in North
America. As of November 1,
2014, the Company operated 1,050 Ann
Taylor, Ann Taylor Factory, LOFT, LOFT Outlet and Lou &
Grey stores in 47 states, the District of
Columbia, Puerto Rico and
Canada. Our Ann Taylor and LOFT brands are also available
online in more than 100 countries worldwide at AnnTaylor.com and
LOFT.com or at our LOFT franchise stores in Mexico. Visit
ANNINC.com for more information (NYSE: ANN).
SOURCE ANN INC.