AnnTaylor Stores Corporation announced that Robert C. Grayson has resigned from the Company's Board of Directors to devote more time to his other business obligations. Mr. Grayson is President of The Grayson Company. He has served as a Director of the Company since 1992.
Commenting on the announcement, Chairman of Ann Taylor's Board, Ronald W. Hovsepian, stated, "We regretfully accept Bob's resignation, but understand his desire to spend more time on other obligations. We thank him for his contributions to Ann Taylor and wish him all the best in the future."
Mr. Grayson added, "It has been my privilege to serve on Ann Taylor's Board for the last 15 years. I leave to spend more time on other commitments, proud of my association and tenure with such a well-respected retailer."
AnnTaylor Stores Corporation