The election is another vote of confidence for Chamandy, who took helm of Gildan last week after being ousted from the top amid accusations that he was no longer fit to run the firm
shareholders have elected the company’s newly returned CEO to its board alongside a slate of candidates put forward by activist investors.
The election is another vote of confidence for Glenn Chamandy, who took the helm of the company last week after being ousted from the top job last year amid accusations that he was no longer fit to run the firm. Activist shareholders, including Browning West, pushed for Chamandy’s return to the Montreal-based apparel manufacturer for months after former Fruit of the Loom executive Vince Tyra took over Gildan’s CEO post., paving the way for Chamandy’s return and for Browning West’s slate of directors to be elected.
Leading proxy firms Institutional Shareholder Services Inc., Glass Lewis and Egan Jones all recommended Browning West’s group of candidates be elected. In April, Gildan previously replaced five directors and said it would back two Browning West nominees.Study and track financial data on any traded entity: click to open the full quote page. Data updated as of
Company Slate Board Chamandy Week Return Ceo Institutional Shareholder Services Inc. Glass Lewis Vince Tyra
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