Interview with the President and CEO and the Executive Vice President and CFO: Destination XL Group Inc. (NASDAQ:DXLG)
Harvey S. Kanter is the President, Chief Executive Officer and a director of Destination XL Group Inc. Mr. Kanter joined the company on February 19, 2019, in a transition role as Advisor to the Acting CEO and assumed the role of President and Chief Executive Officer and a director of the company on April 1, 2019. Mr. Kanter has over 30 years of business experience, with an extensive background in the retail industry having served from March 2012 until June 2017 as the president and chief executive officer of Blue Nile, Inc., a leading online retailer of high-quality diamonds and fine jewelry. From March 2012 until February 2020, Mr. Kanter served as a member of the board of directors of Blue Nile, Inc. and, from January 2014 until February 2020, he served as its chairman. From January 2009 to March 2012, Mr. Kanter was the chief executive officer and president of Moosejaw Mountaineering and Backcountry Travel, Inc., a leading multi-channel retailer of premium outdoor apparel and gear. From April 2003 to June 2008, Mr. Kanter served in various executive positions at Michaels Stores, Inc. Mr. Kanter currently serves as a non-executive co-chair, Seattle University Center for Leadership Formation, Albers School of Business and Economics. Mr. Kanter served as a director and a member of the compensation committee of Potbelly Corporation, a publicly traded company, from August 2015 until May 2019. He was a former brand ambassador for the Fred Hutch Cancer Research Institute and previously served as an advisory board member to the Seattle University Executive MBA Program. Mr. Kanter received his MBA. in Marketing from Babson College and his undergraduate degree with a B.S. in Marketing from Arizona State University. Profile
Peter H. Stratton, Jr. was promoted to Executive Vice President, Chief Financial Officer and Treasurer of Destination XL Group Inc. in November 2017. Mr. Stratton was appointed Senior Vice President, Chief Financial Officer and Treasurer in June 2014. Prior to that, he was Senior Vice President of Finance, Corporate Controller, and Chief Accounting Officer since August 2009. Mr. Stratton joined the company in June 2009 as Vice President of Finance. From May 2007 to June 2009, he served as Senior Director of Corporate Accounting at BearingPoint, Inc. 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. Mr. Stratton holds a B.S. in Accounting from Babson College and an MBA in Finance from Miami University. Profile
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TWST: For the benefit of the readers, let’s start with a recap of the company’s history and when you both joined Destination XL Group.