Destination XL Group CEO David Levin's 2018 pay jumps 47% to $2.4M
Destination XL Group reports 2018 executive compensation
By ExecPay News
Published: July 2, 2019
Destination XL Group reported fiscal year 2018 executive compensation information on July 2, 2019.
In 2018, five executives at Destination XL Group received on average a compensation package of $1.2M, a 42% increase compared to previous year.
Average pay of disclosed executives at Destination XL Group
David A. Levin, Chief Executive Officer, received $2.4M in total, which increased by 47% compared to 2017. 35% of Levin's compensation, or $867K, was in non-equity incentive plan. Levin also received $811K in salary, $507K in stock awards, as well as $258K in other compensation.
For fiscal year 2018, the median employee pay was $24,624 at Destination XL Group. Therefore, the ratio of David A. Levin's pay to the median employee pay was 99 to one.
James S. Davey, Chief Marketing Officer, received a compensation package of $1.1M. 37% of the compensation package, or $403K, was in salary.
Brian S. Reaves, Chief Operating Officer, earned $989K in 2018, a 91% increase compared to previous year.
Peter H. Stratton, Jr, Chief Financial Officer, received $822K in 2018, which increases by 34% compared to 2017.
Robert S. Molloy, Chief Administrative Officer, earned $711K in 2018, a 24% increase compared to previous year.
Destination XL Group's fiscal year ends on January 28.
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Source: SEC filing on July 2, 2019.