Destination XL Group (DXLG) executive compensation, 2025 proxy

Harvey S. Kanter, President and Chief Executive Officer, was paid $2.9M in 2024, down 51% from $6M the year before. The CEO-to-median-employee pay ratio was 58:1, on median employee pay of $50,013.

Filed
June 30, 2025
Annual meeting
August 7, 2025
Pay year
2024
Named executives
5
CEO total pay
$2.9M-51% vs prior year
CEO to median employee
58:1median $50,013
CEO pay in equity
25%$722,498 in awards
Prior say-on-pay support
89%of votes cast
CEO salary
$850,000
CEO stock awards
$722,498Performance and time-based LTIP awards
CEO incentive pay
$1,162,110Annual and long-term incentive payouts
Non-PEO NEO average
$822,7732024 Summary Compensation Table average

How Kanter was paid

$2.9M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary29%Stock awards25%Non-equity incentive40%All other compensation6%

Named executive officers

ExecutiveTotal
Harvey S. KanterPresident and Chief Executive Officer$2,894,568
Peter H. Stratton, Jr.Executive Vice President, Chief Financial Officer and Treasurer$931,911
Anthony J. GaetaChief Stores and Real Estate Officer$779,463
Robert S. MolloyGeneral Counsel and Secretary$799,065
James F. ReathChief Marketing Officer$780,651

What changed and why

  • $2.9M$2,894,568 CEO total compensation in 2024, down from $5,959,023 in 2023.
  • $1.2M$1,162,110 CEO non-equity incentive compensation included annual and long-term incentive payouts.
  • $722K$722,498 CEO stock awards comprised performance-based and time-based LTIP awards.
  • 89.4%89.4% of votes cast supported the 2024 say-on-pay proposal.
  • $50,01358:1 was the 2024 CEO-to-median-employee pay ratio, with median employee compensation of $50,013.
  • 2024-2026 LTIP awards included time-based RSUs vesting in four tranches through April 2028.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.