Proxy battle cost Gildan US$65M, as investors re-elect Chamandy, new slate to board

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Proxy battle cost Gildan US$65M, as investors re-elect Chamandy, new slate to board
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The bitter battle over who would run Gildan Activewear Inc. cost the company at least US$65 million, according to its newly returned CEO.

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Gildan Activewear shareholders elect Chamandy, board put forward by activist investorGildan Activewear shareholders elect Chamandy, board put forward by activist investorGildan Activewear Inc. shareholders have elected the company’s newly returned CEO to its board alongside a slate of candidates put forward by activist investors.
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Gildan Activewear shareholders elect Chamandy, board put forward by activist investorGildan Activewear shareholders elect Chamandy, board put forward by activist investorMONTREAL — Gildan Activewear Inc. shareholders have elected the company’s newly returned CEO to its board alongside a slate of candidates put forward by activist investors.
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Gildan Activewear shareholders elect Glenn Chamandy, board put forward by activist investorGildan Activewear shareholders elect Glenn Chamandy, board put forward by activist investorThe 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
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Live at 3:30: Gildan CEO Glenn Chamandy speaks with BNN BloombergLive at 3:30: Gildan CEO Glenn Chamandy speaks with BNN BloombergAfter Gildan Activewear Inc.’s entire board of directors and Chief Executive Officer quit last week, BNN Bloomberg will speak with Glenn Chamandy, the clothing company’s reappointed CEO and president, to discuss the five-month feud with activist investors and the future of Gildan under his reinstated leadership.
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Live Now: Gildan CEO Glenn Chamandy speaks with BNN BloombergLive Now: Gildan CEO Glenn Chamandy speaks with BNN BloombergAfter Gildan Activewear Inc.’s entire board of directors and Chief Executive Officer quit last week, BNN Bloomberg will speak with Glenn Chamandy, the clothing company’s reappointed CEO and president, to discuss the five-month feud with activist investors and the future of Gildan under his reinstated leadership.
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Glenn Chamandy officially back at the Gildan helm after boardroom battleGlenn Chamandy officially back at the Gildan helm after boardroom battleMONTREAL — Glenn Chamandy is officially back as the chief executive of Gildan after a months-long public battle over leadership of the Montreal-based clothing company he co-founded.
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