Destination XL Group CEO Harvey Kanter's 2020 pay falls 33% to $2.1M
Destination XL Group reports 2020 executive compensation
By ExecPay News
Published: July 2, 2021
Destination XL Group reported fiscal year 2020 executive compensation information on July 2, 2021.
In 2020, five executives at Destination XL Group received on average a compensation package of $886K, a 11% decrease compared to previous year.
Average pay of disclosed executives at Destination XL Group
Harvey S. Kanter, Chief Executive Officer, received $2.1M in total, which decreased by 33% compared to 2019. 43% of Kanter's compensation, or $902K, was in non-equity incentive plan. Kanter also received $437K in option awards, $687K in salary, as well as $85K in other compensation.
For fiscal year 2020, the median employee pay was $31,823 at Destination XL Group. Therefore, the ratio of Harvey S. Kanter's pay to the median employee pay was 66 to one.
Peter H. Stratton, Jr, Chief Financial Officer, received a compensation package of $656K, which increased by 12% compared to previous year. 56% of the compensation package, or $369K, was in salary.
Ujjwal Dhoot, Chief Marketing Officer, earned $615K in 2020.
Robert S. Molloy, General Counsel, received $593K in 2020, which increases by 11% compared to 2019.
Anthony J. Gaeta, Senior Vice President, Store Sales and Operations, earned $456K in 2020, a 12% 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, 2021.