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Montreal-based Gildan reinstates co-founder Glenn Chamandy as president and CEO after shareholder activism.
Montreal-based clothing company Gildan has brought back co-founder Glenn Chamandy as its president and CEO following a months-long public battle over leadership.
Chamandy was previously terminated to make way for Vince Tyra, which led to protests by major Gildan shareholders.
Activist investor Browning West led a campaign to replace the Gildan board and reinstate Chamandy at the company's annual meeting, which was successful.
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Gildan, con sede en Montreal, reintegra al cofundador Glenn Chamandy como presidente y director ejecutivo después del activismo de los accionistas.