Leadership & Pay ·
Destination XL Group appointed James E. Olsson as Executive Vice President and Chief Growth Officer, effective…
DXLGDestination XL Group, Inc.
Destination XL Group appointed James E. Olsson as Executive Vice President and Chief Growth Officer, effective September 6, 2026. The role is newly created to oversee direct businesses, retail stores, merchandising, planning, global sourcing, and brand strategy. Olsson receives an annual base salary of $475,000, a one-time restricted stock unit award valued at $250,000, and a $100,000 sign-on cash payment due December 11, 2026. He is eligible for an annual target bonus equal to 60% of his base salary and long-term incentive awards targeting 90% of his base salary. Olsson previously served as a consultant to the company from September 2025 through September 2026. Destination XL Group operates in the specialty retail industry, serving as the leading integrated-commerce retailer of Big + Tall men’s clothing and footwear.