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Destination Maternity Corporation (DEST)

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Destination Maternity Corporation

Moorestown Corporate Center
232 Strawbridge Drive
Moorestown, NJ 08057
United States
856-291-9700
http://www.destinationmaternitycorp.com

SectorServices
IndustryApparel Stores
Full Time Employees1,300

Key Executives

NameTitlePayExercisedAge
Mr. David R. SternExec. VP & CFO238.23kN/A50
Mr. Ronald James MasciantonioExec. VP & Chief Admin. Officer459.26kN/A40
Mr. Bruce Allen WeinsteinInterim CEO & Independent DirectorN/AN/A70
Mr. David L. CourtrightSr. VP, Chief Accounting Officer & Corp. ControllerN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Destination Maternity Corporation designs and retails maternity apparel. As of January 28, 2017, the company operated 1,220 retail locations, including 515 stores in the United States, Canada, and Puerto Rico under the Motherhood Maternity, A Pea in the Pod, and Destination Maternity names; and 705 leased department locations in the United States and Puerto Rico. It also operated 213 international franchised locations comprising 19 stand-alone stores in the Middle East, South Korea, Mexico, Israel, and India; and 194 shop-in-shop locations in South Korea, Mexico, Israel, and India. The company’s Motherhood Maternity brand serves the moderate priced portion of the maternity apparel business with stores located in regional malls, strip and power centers, and central business districts; and A Pea in the Pod brand offers an assortment of designer label maternity pieces with stores located in regional malls, lifestyle centers, and central business districts. Its Destination Maternity stores provide Motherhood Maternity and A Pea in the Pod products; and a line of maternity-related accessories, nursing products, health and fitness products, books, and body and nutritional products located in regional malls and lifestyle centers. The company also sells its merchandise on the Internet through brand-specific Websites, including Motherhood.com and APeaInThePod.com; DestinationMaternity.com; and MotherhoodCanada.ca and Amazon.com Websites. The company was formerly known as Mothers Work, Inc. and changed its name to Destination Maternity Corporation in December 2008. Destination Maternity Corporation was founded in 1982 and is headquartered in Moorestown, New Jersey.

Corporate Governance

Destination Maternity Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.