Former Gildan CEO seeks payout, rejects probe into conduct, company says [Globe and Mail, The (Toronto, Canada)]
Gildan Activewear, Inc. Class A Sub. Vot. (GIL)
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm
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Source: Globe and Mail, The
US$38-million after being dismissed by the clothing maker, an amount far higher than what the company believes he's owed. The Canadian maker of T-shirts and fleece, which is locked in a proxy fight with activist investor Browning West over control of the company, says Glenn Chamandy is refusing to co-operate and provide information to an external investigator looking into his actions around the time he was let go this past December. The information is contained in Gildan's management proxy circular, made public Monday. Mr. Chamandy did not respond to a request for comment on the allegations. Gildan's board says because Mr. Chamandy is not co-operating in the probe, it hasn't been able to make a fully informed decision as to whether his dismissal is with or without cause. Attempts by certain shareholders to seek his reinstatement are also complicating the calculations of his payout and directors have decided not to make a decision on any payments to the former CEO until after the
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News
- Glass Lewis Joins ISS in Recommending Gildan Activewear Shareholders Vote "FOR" ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy [Yahoo! Finance]Yahoo! Finance
- Glass Lewis Joins ISS in Recommending Gildan Activewear Shareholders Vote “FOR” ALL EIGHT of Browning West’s Director Candidates, Including Former CEO Glenn ChamandyBusiness Wire
- ISS supports Gildan nominees put forward by activist shareholder Browning West [Yahoo! Finance Canada]Yahoo! Finance Canada
- ISS Recommends Gildan Activewear Shareholders Vote the GOLD Proxy Card "FOR" ALL EIGHT of Browning West's Director Candidates, Including Former CEO Glenn Chamandy [Yahoo! Finance]Yahoo! Finance
- ISS Recommends Gildan Activewear Shareholders Vote the GOLD Proxy Card “FOR” ALL EIGHT of Browning West’s Director Candidates, Including Former CEO Glenn ChamandyBusiness Wire
GIL
Earnings
- 5/1/24 - Beat
GIL
Sec Filings
- 5/15/24 - Form 6-K
- 5/13/24 - Form 6-K
- 5/9/24 - Form 6-K
- GIL's page on the SEC website