Home / Knowledge / News / Apparel/Garments / Destination XL promotes Peter Stratton to CFO
Destination XL promotes Peter Stratton to CFO
May '14
Destination XL Group, Inc., the largest multi-channel specialty retailer of big & tall men's apparel, announced that Peter H. Stratton, Jr., 42, has been appointed to the position of senior vice president, chief financial officer (CFO) and treasurer, effective June 1, 2014. Stratton replaces John E. Kyees, who was serving as interim CFO, and will report to President and Chief Executive Officer David Levin.
"Peter's strong financial background and passion for our company gives us confidence that he is the right choice to serve as Destination XL's next CFO," said Levin. "We conducted a thorough search that included internal as well as external candidates. Peter clearly demonstrated his financial acumen and leadership strength during this process. 
“In addition, he has been integral in the development and execution of our DXL transformation strategy. We look forward to his future contributions as CFO as we continue to roll out the DXL concept. On behalf of the entire DXL team, I also would like to thank John Kyees, our Board member, for his commitment and contributions to the Company as interim CFO during the past few months and for continuing to act as a resource for our financial strategies."
Stratton said, "I am thrilled to serve Destination XL Group in this new position. We have exciting long-term growth prospects, and I look forward to guiding the Company financially as we continue our DXL transformation."
Stratton has been serving as Destination XL's senior vice president of finance, corporate controller, and chief accounting officer since September 2009. He 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, he held various finance and accounting leadership positions at Legal Sea Foods, Inc., Shaw's Supermarkets, Inc., and Cintas Corporation. Mr. Stratton holds a bachelor's degree in accounting from Babson College and an M.B.A. in finance from Miami University.
About Destination XL Group, Inc. 
Destination XL Group, Inc. is the largest multi-channel specialty retailer of big & tall men's apparel with operations throughout the United States, Canada and in London, England. The retailer operates under six brands: Destination XL, Casual Male XL, Rochester Clothing, B&T Factory Direct, ShoesXL and LivingXL.  Several e-commerce sites and direct mail generate the Company's direct-to-consumer business. With more than 2,000 private label and name brand styles to choose from, big and tall customers are provided with a unique blend of wardrobe solutions not available at traditional retailers.

Destination XL Group

Must ReadView All

(L-R) Mr Shao Bojin, Chairman of Jihua Group and Mr Rohit Aggarwal, President of Huntsman Textile

Textiles | On 28th Oct 2016

Huntsman gets into strategic partnership with Jihua Group

Huntsman Textile Effects, the leading provider of high quality dyes...

Marzoli FT6D roving frames in Sintex’s Unit 2. Coutresy: Marzoli

Textiles | On 28th Oct 2016

Marzoli roving frames erected at Sintex textile division

A total of 48 Marzoli roving frames were erected in units I, II and...

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search