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Stock impact report

New Gildan CEO Vince Tyra updates investors on priorities amid leadership battle [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 Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: Financial Post
MONTREAL — Gildan Activewear Inc.'s new CEO Vince Tyra gave an update to investors three months into his time leading the company as shareholder infighting over his hiring continues. Tyra outlined his strategic priorities for the company, with a focus on driving growth at the Montreal-based clothing manufacturer. Article content His priorities include strengthening Gildan's market position and brand awareness, and growing the company's market share internationally. “I believe we are starting a new and exciting era at Gildan,” said Tyra. Article content Gildan has been embroiled in controversy ever since it announced that long-time CEO and co-founder Glenn Chamandy was being replaced by Tyra. The company has said Chamandy had no credible long-term strategy and had lost the board's confidence. But several of the company's investors have criticized the company for the move and are calling for Chamandy's return. Those investors include the company's largest shareholder, J Show less Read more
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