Peter Abruzzo

Peter Abruzzo (born April 7, 1957) is an American entrepreneur and CEO of Xedo North America and PromGuy.com.

Peter Abruzzo
Born (1957-04-07) April 7, 1957
Chicago
NationalityAmerican
OccupationCEO of Xedo

Career

Starting off in 1979, when he took over his grandfather’s tuxedo rental company, Abruzzo was driven. As the CEO, he grew the business from a single location to multiple stores and one of the highest grossing formalwear companies nationwide. Abruzzo also oversaw and negotiated the profitable sale of the business in 2003 May Department Store, which is currently the parent company of Macy’s.[1]

Abruzzo created and formed the Tuxedo American Group. As the President & CEO, he gathered and managed organizations that represented a 400-store conglomerate and organized collective purchasing through NYC suppliers, reducing costs 30%.[2]

In 2003, Abruzzo joined PJA Consulting as the president and CEO.

From 2009 to 2012, Abruzzo worked alongside the CEO of David's Bridal as a consultant.[3]

He is currently CEO of Xedo North America and PromGuy.com. Xedo is a formalwear, allowing customers to rent or purchase clothing online.[4] Suit Up, Inc., a part of the ACS Clothing Group.[5]

Other Organizations
  • Village Bank / Northwest Community Bank[6] – Former founding board member.
  • American Tuxedo Group – Former Chairman

Other interests

Abruzzo competed in 2006 Kentucky Derby with Cause to Believe[7] and won the Kentucky Oaks with Blind Luck in 2010.[8]

References
  1. Meek, Andy. "Xedo Launches Memphis Distribution Center". The Daily News. Retrieved December 5, 2016.
  2. Garennes, Christine des. "Tuxedo shops press forward". Chicago Tribune. Retrieved December 5, 2016.
  3. McCulloch, Scott (September 17, 2015). "ACS Clothing gears for US expansion with £8.5m follow-on investment". Daily Record. Retrieved December 5, 2016.
  4. "Suit Up Taps Peter Abruzzo as CEO of North America". Close Up (magazine). September 10, 2015. Archived from the original on November 15, 2018. Retrieved February 16, 2017.
  5. "Formal wear hire firm measures up for US assault". The Scotsman. Retrieved February 23, 2017.
  6. "CHANGE OF CONTROL". Illinois Department of Financial and Professional Regulation. Retrieved December 5, 2016.
  7. Milbert, Neil. "Ill. Derby favorite has the genes". Chicago Tribune. Retrieved December 5, 2016.
  8. Andersen, Steve (May 3, 2010). "Mother Goose next for Oaks winner Blind Luck?". ESPN.com. Retrieved December 5, 2016.
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