Destination XL on Tuesday announced that it has entered into an amended employment agreement with Harvey Kanter to extend the term of his roles as chief executive officer and company president. 

Kanter’s term was originally set to expire in April 2025, and will now go through Aug. 11, 2026, according to documents filed with the U.S. Securities and Exchange Commission. 

Kanter has served as the company’s chief executive since 2019.

When Kanter joined Destination XL the company had posted net losses for every year since 2012. Then came 2020, and the pandemic put the company’s finances under further strain. By the end of that year, the company’s stock had been delisted from Nasdaq. However, the following year Destination XL turned things around and posted record sales and profit numbers for fiscal 2021, all under Kanter’s leadership. 

“We are extremely pleased that Harvey has agreed to continue to lead our company into at least mid-August 2026,” Lionel Conacher, Chairman of the Board, commented. “The company has embarked on a long-range growth plan, and we expect that the success which the company has achieved since navigating the pandemic will be just a stepping stone to even greater levels of success. With Harvey’s proven track record of creating shareholder value, we look forward to his continued successful leadership.”