Gildan CEO and entire board resign ahead of annual meeting
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Shareholders of the T-shirt manufacturer voted to place Chamandy back on its board alongside a slate of candidates put forward by activist investors on Tuesday, capping a months-long leadership battle.
The bitter fight over board and management control of Gildan Activewear Inc. came with a $65 million price tag to the apparel manufacturer, according to reinstated top executive and co-founder
Gildan Activewear Inc. says just shy of 84 per cent of shareholder votes cast in its Tuesday election were in favour of the company's newly returned CEO retaking his place on the company's board.
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