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Destination XL Group Inc (DXLG.OQ)

DXLG.OQ on NASDAQ Stock Exchange Global Select Market

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15 Dec 2017
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Summary

Name Age Since Current Position

Seymour Holtzman

79 2000 Chairman of the Board

David Levin

65 2000 President, Chief Executive Officer, Director

Peter Stratton

43 2017 Chief Financial Officer, Executive Vice President, Treasurer

Brian Reaves

54 2017 Executive Vice President and Vice President and Chief Customer Officer

Sahal Laher

2017 Senior Vice President, Chief Digital and Information Officer

Jack McKinney

59 2002 Senior Vice President, Chief Information Officer

Derrick Walker

46 2012 Senior Vice President, Chief Marketing Officer

Robert Molloy

55 2014 Senior Vice President, General Counsel, Secretary

Walter Sprague

66 2006 Senior Vice President - Human Resources

Angela Chan

48 2015 Senior Vice President, Chief Sourcing Officer

Francis Chane

52 2011 Senior Vice President - Distribution and Logistics

Kenneth Ederle

50 2013 Senior Vice President, Chief Merchandising Officer

Peter Schmitz

56 2013 Senior Vice President, Chief Real Estate Officer

Nancy Youssef

2015 Senior Vice President - International Business Development

John Cooney

32 2015 Chief Accounting Officer, Vice President - Finance, Controller

Jack Boyle

2017 Director

John Kyees

68 2014 Director

Willem Mesdag

63 2014 Director

Oliver Walsh

2017 Director

Ward Mooney

66 2006 Independent Director

Mitchell Presser

50 2007 Independent Director

Ivy Ross

59 2013 Independent Director

Biographies

Name Description

Seymour Holtzman

Mr. Seymour Holtzman serves as Chairman of the Board and director of the company. He has been a director since April 7, 2000 and Chairman of the Board since April 11, 2000. On May 25, 2001, the Board of Directors hired Mr. Holtzman as an employee. Mr. Holtzman has been involved in the retail business for over 40 years. For many years, he has been the Chairman, Chief Executive Officer and President of Jewelcor, Incorporated, a former New York Stock Exchange listed company that operated a chain of retail stores. From 1986 to 1988, Mr. Holtzman was Chairman of the Board and also Chief Executive Officer of Gruen Marketing Corporation, an American Stock Exchange listed company involved in the nationwide distribution of watches. For at least the last five years Mr. Holtzman has served as Chairman, Chief Executive Officer and President of Jewelcor Management, Inc., a company primarily involved in investment and management services. Mr. Holtzman is the Chairman and Chief Executive Officer and indirectly, with his wife, the majority owner of C.D. Peacock, Inc., a Chicago, Illinois retail jewelry establishment, the managing member of Luxury Swiss, LLC, a retail Rolex Watch establishment, and the Chief Executive Officer and managing member of Homeclick, LLC, a privately held internet retailer specializing in luxury brands for the home. Mr. Holtzman was the Chief Executive Officer and Co-Chairman of the Board of George Foreman Enterprises, Inc., formerly MM Companies, Inc. until his resignation in November 2010. Mr. Holtzman is a successful entrepreneur with extensive experience working with public companies and provides valuable insight to the Board with respect to strategic planning.

David Levin

Mr. David A. Levin serves as President, Chief Executive Officer and Director of the company. He has been our President and Chief Executive Officer since April 10, 2000 and a director since April 11, 2000. From 1999 to 2000, he served as the Executive Vice President of eOutlet.com. Mr. Levin was President of Camp Coleman, a division of The Coleman Company, from 1998 to 1999. Prior to that, Mr. Levin was President of Parade of Shoes, a division of J. Baker, Inc., from 1995 to 1997. Mr. Levin was also President of Prestige Fragrance & Cosmetics, a division of Revlon, Inc., from 1991 to 1995. Mr. Levin has worked in the retail industry for over 30 years. Since joining us, Mr. Levin has been instrumental in transforming us from a company which exclusively operated Levi Strauss & Co. branded apparel to the largest specialty retailer of big & tall men’s apparel. In May 2012, Mr. Levin joined the board of directors of Christopher & Banks Corporation, a New York Stock Exchange listed company that specializes in women’s apparel. Mr. Levin brings to the Board valuable experience in merchandising and marketing initiatives.

Peter Stratton

Mr. Peter H. Stratton, Jr., is Chief Financial Officer, Executive Vice President, Treasurer of the company. Mr. Stratton became our Senior Vice President, Chief Financial Officer and Treasurer on June 1, 2014. From August 2009 to May 31, 2014, Mr. Stratton was our Senior Vice President of Finance, Corporate Controller and Chief Accounting Officer. Mr. Stratton joined us in June 2009 as Vice President of Finance. Prior to joining the Company, Mr. Stratton served as Senior Director of Corporate Accounting at BearingPoint, Inc from May 2007 to June 2009. Prior to May 2007, Mr. Stratton held various finance and accounting leadership positions at Legal Sea Foods, Inc., Shaw’s Supermarkets, Inc. and Cintas Corporation

Brian Reaves

Mr. Brian S. Reaves is Executive Vice President and Vice President and Chief Customer Officer of the company. Mr. Reaves served as Senior Vice President - Store Sales and Operations of Destination XL Group Inc. He joined our Company in May 2010 as our Senior Vice President of Store Sales and Operations. Prior to joining our Company, Mr. Reaves was the Vice President – Outreach and Group Sales for David’s Bridal from 2007 to 2009. Before that, Mr. Reaves was the Senior Vice President of Sales for The Bridal Group from 2004 to 2007.

Sahal Laher

Mr. Sahal Laher is Senior Vice President, Chief Digital and Information Officer of the Company. Mr. Laher has over 20 years of senior operational experience with a focus on digital and Omni-channel strategies. He was most recently Executive Vice President of Digital Innovation and Technology & Global CIO at Brooks Brothers, where he was responsible for ensuring that the company's information technology investments, resources and project execution were aligned with its strategic business objectives. Prior to Brooks Brothers, Laher was Global CIO at Stride Rite Corporation where he worked closely with the Stride Rite executive leadership team in delivering an IT strategy that supported growth by integrating the global supply chain across brands and geographies. Sahal also held senior strategic consulting positions at Deloitte Consulting, Andersen Consulting and Data General Corporation. Mr. Laher holds a Bachelor of Science degree with Distinction in Electrical/Computer Engineering and International Studies from Worcester Polytechnic Institute in Massachusetts.

Jack McKinney

Mr. Jack R. McKinney serves as Senior Vice President, Chief Information Officer of the company. Mr. McKinney has been our Senior Vice President and Chief Information Officer since June 2002. Mr. McKinney began his career with Casual Male Corp. in 1997 and joined our Company in May 2002 as part of our acquisition of Casual Male Corp.

Derrick Walker

Mr. Derrick Walker is Senior Vice President, Chief Marketing Officer of the company. Mr. Walker joins CMRG from Lenscrafters, where he most recently served as Vice President of Marketing with responsibility for overseeing a $100 million marketing budget, brand and marketing strategy and execution, promotions development, customer relationship marketing, media, and creative. Prior to joining Lenscrafters in 2009, Mr. Walker worked for Finish Line as the Vice President of Marketing and, prior to that, for Radio Shack as the Director of Marketing. He spent a number of years working at CSC Consulting with Brooks Brothers as one of his many retail clients. Derrick earned dual Masters Degrees in Management and Mechanical Engineering from Massachusetts Institute of Technology. He earned his BS in Manufacturing Engineering from Central State University.

Robert Molloy

Mr. Robert S. Molloy serves as Senior Vice President and General Counsel of the company. He has been our Senior Vice President and General Counsel since April 2010 and became Secretary of the Company on May 15, 2014. Prior to that, Mr. Molloy was the Vice President and General Counsel since joining the Company in February 2008. Prior to joining the Company, Mr. Molloy served as Vice President, Assistant General Counsel at Staples, Inc. from May 1999 to February 2008. Prior to May 1999, Mr. Molloy was a trial attorney

Walter Sprague

Mr. Walter E. Sprague serves as Senior Vice President - Human Resources of the company. He has been our Senior Vice President of Human Resources since May 2006. From August 2003 through April 2006, Mr. Sprague was our Vice President of Human Resources. Prior to joining our Company, Mr. Sprague was the Managing Director Northeast, for Marc-Allen Associates, a nationwide executive recruiting firm. From 1996 to 2002, Mr. Sprague was the Assistant Vice President—Senior Director of Human Resources for Foot Locker Inc. and prior to that, the Assistant Vice President—Senior Director of Human Resources for Woolworth Corporation, the predecessor company to Foot Locker Inc.

Angela Chan

Ms. Angela Chew serves as Senior Vice President and Chief Sourcing Officer since February 2015. She was Senior Vice President - Global Sourcing and Product Development of Destination XL Group Inc. She has been our Senior Vice President of Global Sourcing and Product Development since March 2013. Prior to that, from May 2010 to March 2013, Ms. Chew was our Vice President of Global Sourcing. Ms. Chew joined the Company in February 2009 as our Director of Global Sourcing. Prior to joining our Company, from October 2007 to December 2008 Ms. Chew was the Senior Product Manager for Redcats USA. From 2007 to 2009, Ms. Chew was an Independent Retail Consultant and Analyst with the Gerson Lehrman Group and in 2006, she held the positions of Director and Executive Vice President of Global Sourcing for Rocawear. Prior to that, Ms. Chew was the founder & partner of several apparel manufacturing companies & franchise restaurants. She also held various merchandising management positions with Macy’s corporate in New York and Hong Kong.

Francis Chane

Mr. Francis Chane is Senior Vice President - Distribution and Logistics of Destination XL Group Inc. He has been our Senior Vice President of Distribution and Logistics since June 2011. Prior to that, Mr. Chane was our Vice President of Distribution & Logistics since joining the Company in June 2008. Prior to joining our Company, Mr. Chane was Vice President Operations & Facilities for Redcats USA, a division of the French multi-national company PPR, from 1999 to April 2008.

Kenneth Ederle

Mr. Kenneth M. Ederle serves as Senior Vice President, Chief Merchandising Officer of the company. He has been our Senior Vice President and Chief Merchandising Officer since April 2013. Prior to that, from May 2011 until April 2013, Mr. Ederle was our Senior Vice President – General Merchandising Manager DXL. Mr. Ederle served as our Vice President, General Merchandise Manager of Rochester Clothing from August 2008 until May 2011. From January 2008 to August 2008, Mr. Ederle was our Merchandise Manager of Sportswear for Rochester Clothing and prior to that was one of our Merchandise Managers for Casual Male from November 2006 to December 2007. Prior to joining the Company in 2006, Mr. Ederle was a Senior Buyer and Senior Planner for Limited Brands.

Peter Schmitz

Mr. Peter E. Schmitz serves as Senior Vice President, Chief Real Estate Officer of the company, since June 2013. Prior to that, Mr. Schmitz was our Senior Vice President, Real Estate and Store Development. Prior to joining the Company, Mr. Schmitz was the Vice President of Real Estate for Brooks/Eckerd Pharmacy Chain from October 1995 to August 2007. Before that, Mr. Reaves was the senior vice president of sales for The Bridal Group from 2004 to 2007.

Nancy Youssef

Ms. Nancy S. Youssef is Senior Vice President - International Business Development of Destination XL Group, Inc. Prior to joining Destination XL, Youssef was vice president, international business development since 2009 for NYSE-listed Genesco, Inc. where she was responsible for growing the footwear and apparel retailer's portfolio of brands outside the U.S. In this role she successfully directed the entry of the Fortune 1000 company into more than two dozen countries around the world. Prior to that, she served as senior brand manager for interactive multichannel retailer HSN, Inc. and also has led business development for fashion apparel and accessories importer and distributor SAS-Egypt. Youssef earned her B.S. in Marketing from The Pennsylvania State University with focuses in Accounting and French & International Studies.

John Cooney

Mr. John F. Cooney, serves as Vice President of Finance and Corporate Controller of the company. since June 2014 and in May 2015 he was also appointed Chief Accounting Officer. From November 2010 until May 2014, Mr. Cooney was our Director of Financial Accounting and Reporting. Prior to joining the Company, Mr. Cooney was an audit manager with PricewaterhouseCoopers LLP, which he joined in August 2004. Mr. Cooney received a B.S. in Accounting from Providence College and a M.S. in Accounting from Boston College and is a CPA licensed in the Commonwealth of Massachusetts.

Jack Boyle

Mr. Jack Boyle serves as Director of the Company. Jack Boyle has been the President of Merchandising for Fanatics, Inc., a market leader for officially licensed sports merchandise, since June 2012. Prior to that, from February 2005 to June 2012, Mr. Boyle was the Executive Vice President, general merchandise manager of women's apparel, intimate, cosmetics and accessories for Kohl's Corporation. From October 2003 to February 2005, he served as Senior Vice President, divisional merchandise manager of women's apparel for Kohl's Corporation, Vice President of junior sportswear from July 2000 to October 2003 and Vice President of planning/allocation for women's apparel from December 1999 to July 2000. From June 1990 to December 1999, Mr. Boyle held various merchandise positions, including divisional merchandise manager of women's at May Company. Mr. Boyle brings to the board extensive experience in merchandising, brand management and omni-channel leadership.

John Kyees

Mr. John Edward Kyees is Director of the company. He has been a director since May 3, 2010. From February 2, 2014 until May 31, 2014, Mr. Kyees assumed the position of Interim Chief Financial Officer of the Company. From 2003 until his retirement in 2010, Mr. Kyees was the Chief Financial Officer of Urban Outfitters, Inc. and also served as the Chief of Investor Relations for Urban Outfitters in 2010. Prior to that, from 2002 to 2003, Mr. Kyees was the Chief Financial Officer and Chief Administrative Officer of bebe Stores, Inc. Mr. Kyees is a member of the Board of Directors of Vera Bradley, Inc., a publicly-traded company, and serves as Chairman of the Audit Committee. Mr. Kyees was a member of the Board of Directors of Hot Topic, Inc., a formerly publicly-traded company, and was a member of the Audit Committee. Mr. Kyees is a member of the Board of Directors of Rackwise, Inc., a publicly-traded company, and is a member of the Audit Committee. In addition, Mr. Kyees is also a director of Arhaus Furniture, a privately-held retailer. Mr. Kyees brings to the Board extensive executive-level retail experience having served as Chief Financial Officer for several prominent retailers. His insight with respect to merchandising, operational activities and finance is an asset to our Board. Institutional Investor magazine selected Mr. Kyees as a top specialty retail chief financial officer on five separate occasions, evidencing his strong skills in corporate finance, strategic and accounting matters.

Willem Mesdag

Mr. Willem T. Mesdag J.D. is a Director of the company. He has been a director since January 29, 2014. Mr. Mesdag is the Managing Partner of Red Mountain Capital Partners LLC, an investment firm based in Los Angeles, California. Prior to founding Red Mountain in 2005, Mr. Mesdag was a Partner and Managing Director of Goldman, Sachs & Co., which he joined in 1981. Prior to Goldman, Sachs he was a securities lawyer at Ballard, Spahr, Andrews & Ingersoll, which he joined in 1978. He currently serves on the boards of Encore Capital Group Inc., a NASDAQ-listed company, and Nature’s Sunshine Products Inc., a NASDAQ-listed company. He previously served on the boards of 3i Group plc, Cost Plus, Inc. and Skandia Group AB. Having had an extensive career in international investment banking and finance, Mr. Mesdag brings to the Board significant expertise related to business and financial issues and corporate governance

Oliver Walsh

Mr. Oliver Walsh serves as Director of the Company. Oliver Walsh was Chief Marketing Officer of Aritzia, a company publicly-traded on TSX, from June 2013 to April 2017. From May 2012 to September 2013, Mr. Walsh served as a member of the Board of Directors for Aritzia. Prior to that, from April 2009 to June 2013, Mr. Walsh was the Co-Founder and Chief Executive Officer for Wednesday, an integrated creative agency. From September 2008 to September 2010, Mr. Walsh was the development Director for Saturday Group, a marketing group that invests in and manages firms in the fields of fashion and entertainment marketing. Mr. Walsh brings significant marketing and e-Commerce expertise, brand development and digital experience to the Board.

Ward Mooney

Mr. Ward K. Mooney serves as an Independent Director of the company. He has been a director since July 31, 2006. Mr. Mooney is a founding partner of Crystal Financial LLC and since March 2010 has been the Chief Executive Officer. Prior to 2010, Mr. Mooney was the President of Bank of America Retail Finance Group and Chief Operating Officer of Back Bay Capital, both of which were formerly Bank of Boston businesses which Mr. Mooney founded. Mr. Mooney provides the Board with valuable insight with respect to his extensive experience as a lender in the retail industry.

Mitchell Presser

Mr. Mitchell Stanley Presser serves as an Independent Director of the company.He has been a director since May 1, 2007. Since January 2014, Mr. Presser has been a Senior Advisor to Paine & Partners, LLC, a private equity firm. From November 2006 to January 2014, Mr. Presser was a founding partner of Paine & Partners, LLC. Prior to that, Mr. Presser was a partner with the law firm of Wachtell, Lipton, Rosen & Katz, specializing in mergers & acquisitions. Mr. Presser serves as a director on the boards of several privately-held companies. Mr. Presser’s extensive experience in private equity and strategic planning provides valuable insight to the Board.

Ivy Ross

Ms. Ivy Ross is Independent Director of the company. She has been a director since January 31, 2013. In May 2014, Ms. Ross joined Google X as Head of Glass. From July 2011 until April 2014, Ms. Ross was the Chief Marketing Officer of Art.com from where she oversaw the company’s marketing, branding, merchandising and user-experience functions. Prior to Art.com, from June 2008 to June 2011, Ms. Ross was EVP of Marketing for the Gap brand, and also acted as the Creative Catalyst for all brands within Gap, Inc. Ms. Ross also has held senior creative and product design positions at Disney Stores North America, Mattel, Calvin Klein, Coach, Liz Claiborne, Swatch Watch and Avon. Chosen by Fast Company and BusinessWeek as the new face of leadership, Ross was a contributing author to “The Change Champions Field Guide” and “Best Practices in Leadership Development and Organizational Change.” She has also served on Proctor and Gamble’s design board since its inception. With her industry insight and marketing expertise, Ms. Ross provides a valuable perspective to the Board as we builds our Destination XL brand.