Gildan's new CEO vows to boost profit ahead of shareholders meeting that could oust him [Financial Post (Toronto, Ontario, 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: Financial Post
Fighting an activist shareholder's push to oust him, Gildan Activewear Inc. chief executive Vince Tyra says he'll boost the clothing manufacturer's profit with a credible plan that includes reviving the American Apparel brand and expanding deeper into overseas markets. Tyra was appointed in December after the board dismissed longtime CEO Glenn Chamandy following a disagreement over Gildan's direction. Since then, investment manager Browning West LP has led a campaign to replace the majority of the board, dump Tyra and reinstate Chamandy — a plan that shareholders owning about a third of the stock have publicly supported. Article content Article content On Monday, Tyra made his case for staying. “Our plan, it's ambitious, it's realistic and it's credible,” he said. “It's stuff that we are not just creating. We're working on it today.” Tyra set out several initiatives such as increasing brand awareness and reinvigorating “dormant” American Apparel. The low-cost clothing mak
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News
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- Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to Shareholders [Yahoo! Finance]Yahoo! Finance
- Gildan Activewear Files Proxy Circular and Board of Directors Issues Letter to ShareholdersGlobeNewswire
GIL
Earnings
- 2/21/24 - Beat
GIL
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/25/24 - Form SC
- GIL's page on the SEC website