Destination XL appoints Chairman Lionel Conacher as Interim CEO; Kanter retires

DESTINATION XL GROUP, INC.

Lionel Conacher named Interim CEO effective Aug 12, 2026, succeeding Harvey Kanter who retires and resigns from Board.
Conacher receives $80K/month salary plus $15K/month in vested stock; no severance or change-in-control benefits.
Board committee changes: Conacher steps down from Audit and Compensation; Carmen Bauza named Lead Independent Director.
Press release references FullBeauty merger transaction and Zodiac Partners' unsolicited tender offer as key near-term items.
Conacher to lead search for permanent CEO; company focuses on FiTMAP rollout, AI investment, and GLP-1 usage response.

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