Ascena CFO to retire, succeeded by restaurant vet

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Suffern, N.Y. -- Ascena Retail Group Inc. said Tuesday that CFO Armand Correia is retiring after 21 years with the company that is parent to Dressbarn, Justice and other brands.

Restaurant veteran Dirk Montgomery will succeed Correia, effective Jan. 16. Montgomery most recently served as EVP and chief value chain officer of Bloomin' Brands, which operates the Outback Steakhouse and Bonefish Grill chains.