Destination XL Group, Inc. Announces Employment Contract Extension with Harvey S. Kanter to Continue as its President and Chief Executive Officer Until August 2026
15 Agosto 2023 - 1:00PM
Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated
commerce specialty retailer of Big + Tall men’s clothing and shoes
in the United States (the “Company”), announced that its Board of
Directors (the “Board”) has entered into an amended employment
agreement with Harvey S. Kanter to extend the term of his role as
the Company’s President and Chief Executive Officer. Mr. Kanter has
served as the Company’s President & CEO and as a member of its
Board since April 1, 2019.
Lionel Conacher, Chairman of the Board, commented, “We are
extremely pleased that Harvey has agreed to continue to lead our
Company into at least mid-August 2026. The Company has embarked on
a long-range growth plan, and we expect that the success which the
Company has achieved since navigating the pandemic will be just a
stepping stone to even greater levels of success. With Harvey’s
proven track record of creating shareholder value, we look forward
to his continued successful leadership,” he concluded.
“I am thrilled to be able to be leading the Company on its
long-term growth initiatives,” said Harvey Kanter. “DXLG has a lot
of “blue sky” ahead and with our efforts to achieve our long-term
growth goals, I believe the positive results will be
transformative.”
About Destination XL Group, Inc.
Destination XL Group, Inc. as the leading retailer of Men’s Big
+ Tall apparel, provides Big + Tall men the freedom to choose their
own style and whose brand’s positioning to “Wear What You WantSM”
delivers a Big + Tall shopping experience that fits -- fits his
body, fits his style, fits his life. Subsidiaries of Destination XL
Group, Inc. operate DXL Big + Tall retail and outlet stores and
Casual Male XL retail and outlet stores throughout the United
States, and an e-commerce website, DXL.com, and mobile app which
offer a multi-channel solution similar to the DXL store experience
with the most extensive selection of online products available
anywhere for Big + Tall men. The Company is headquartered in
Canton, Massachusetts, and its common stock is listed on the Nasdaq
Global Market under the symbol "DXLG." For more information, please
visit the Company's investor relations website:
https://investor.dxl.com.
Contact:Investor
Contact:Investor.relations@dxlg.com603-933-0541
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