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Jack Boyle

Director at DESTINATION XL GROUP
Board

About Jack Boyle

Jack Boyle (age 57) has served as a director of Destination XL Group, Inc. since August 2017 and is an independent director. He brings deep merchandising, brand management, and omni‑channel leadership experience from senior roles at Fanatics and Kohl’s; since June 2025 he has been Managing Partner of Fam Bam Sports after retiring from Fanatics in June 2025 .

Past Roles

OrganizationRoleTenureCommittees/Impact
Fanatics, Inc.President, Buying & North America; previously Global Co‑President DTC/Omni‑Channel; President of MerchandisingJan 2024–Jun 2025; Feb 2019–Jan 2024; Jun 2012–2017/2019Led omni‑channel and merchandising; market leader in licensed sports merchandise
Kohl’s CorporationEVP, General Merchandising Manager Women’s; SVP, Divisional Merchandise Manager Women’s; VP roles incl. Junior Sportswear and Planning/AllocationFeb 2005–Jun 2012; Oct 2003–Feb 2005; Dec 1999–Oct 2003Scaled women’s merchandising operations across categories
May CompanyVarious merchandising positions incl. Divisional Merchandise Manager Women’sJun 1990–Dec 1999Merchandising leadership and category management

External Roles

OrganizationRoleTenureNotes
Fam Bam Sports (private)Managing PartnerSince Jun 2025Post‑retirement operating role; not a public company directorship
Public company boardsNo current public company directorships disclosed for Boyle in the past five years

Board Governance

  • Independence: The Board determined Boyle is independent under Nasdaq rules; all committees are composed of independent directors .
  • Committee assignments: Member, Compensation Committee; Chair, Nominating & Corporate Governance Committee .
  • Attendance and engagement: Board met 12 times in fiscal 2024; all directors attended at least 75% of Board and applicable committee meetings and all attended the 2024 Annual Meeting . Nominating & Corporate Governance Committee met 3 times; Compensation Committee met 3 times .
  • Board leadership: Independent Non‑Executive Chairman since Jan 24, 2019; independent executive sessions held at least semi‑annually .
  • ESG oversight: Nominating & Corporate Governance Committee oversees sustainability and ESG, including climate risk assessment .

Fixed Compensation

Director Plan terms (fiscal 2024):

ElementAmount/FrequencyNotes
Independent director retainer$33,750 per quarterPaid partly in stock per ownership requirement
Chairman/Lead Director retainer+$10,000 per quarterApplies to Board chair/lead director
Audit Committee chair+$5,000 per quarterCommittee chair premium
Other committee chair (incl. Nominating & Governance)+$2,500 per quarterCommittee chair premium
Equity ownership requirementReceive at least 60% of annual retainer in common stock until equity ownership ≥3x annual retainerRequired shares cannot be sold while serving without Board approval

Jack Boyle – 2024 director compensation (mix and amounts):

MetricFY 2024Notes
Fees Earned/Paid in Cash ($)$72,500 Boyle elected 50% in cash and 50% in stock
Stock Awards ($)$72,492 Unrestricted common stock; fractional share value forfeited
Option Awards ($)No stock option grants to directors in FY2024
Total ($)$144,992 Cash + stock awards

Performance Compensation

ItemStatusNotes
Performance‑based director payNone disclosed Director compensation consists of retainers, chair fees, and equity via shares; no director performance metrics or bonuses
Options granted in FY2024None Directors received no option grants in FY2024

Other Directorships & Interlocks

TopicDetail
Compensation Committee interlocksNone; Boyle, Mesdag, Conacher served on Compensation Committee, and none was an officer or employee of the Company during FY2024; no reciprocal executive interlocks disclosed

Expertise & Qualifications

  • Merchandising and omni‑channel leadership across Fanatics and Kohl’s; brand management and category depth in women’s apparel and licensed sports merchandise .
  • Governance experience via committee leadership (Nominating & Corporate Governance Chair) and participation on Compensation Committee .

Equity Ownership

MetricValueAs‑ofNotes
Total beneficial ownership (shares)545,893 Jun 13, 2025Includes options exercisable within 60 days
Percent of class1.0% Jun 13, 2025Based on 53,815,004 shares outstanding
Options exercisable within 60 days15,000 Jun 13, 2025Legacy grants outstanding for Boyle and Conacher

Policy alignment:

  • No hedging or pledging of Company securities permitted under the Insider Trading Policy .
  • Director ownership guideline: maintain stock ownership equal to at least 3x annual retainer, with 60% of retainer in shares until guideline met .

Insider trading and filings:

  • The proxy’s Delinquent Section 16(a) disclosure lists late filings for certain parties and officers, but does not identify Boyle among late filers for FY2024 .

Governance Assessment

  • Committee leadership and independence: Boyle’s role as Nominating & Corporate Governance Chair and Compensation Committee member, combined with Board independence, supports robust governance oversight and succession planning; all relevant committees are independent .
  • Engagement and attendance: Strong Board activity (12 meetings) and ≥75% attendance for all directors; annual meeting attendance confirms engagement .
  • Ownership alignment: Director Plan enforces equity ownership (≥3x retainer) and equity receipt (≥60% retainer in stock) until met; Boyle elected 50% stock in FY2024, signaling alignment; hedging/pledging prohibited .
  • Pay practices: No performance‑based director pay or meeting fees; simple retainer plus chair premia; total for Boyle $144,992 in FY2024; no director option grants in FY2024 reduces misalignment risk .
  • Shareholder signals: Recent say‑on‑pay support at 89.4% in 2024 indicates general investor approval of compensation framework and oversight by the Compensation Committee (where Boyle serves) .
  • Conflicts and related parties: No related‑party transactions in fiscal 2024 involving directors or their immediate families; Compensation Committee interlocks absent; reduces conflict risk .

RED FLAGS: None identified in the proxy regarding Boyle. No pledging/hedging allowed by policy, no related‑party transactions reported, and attendance thresholds met. The existence of legacy options (15,000) is modest and not a material risk in the context of policy prohibitions on hedging/pledging and overall equity guidelines .