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Gildan’s stock is up nearly 8,000 per cent since its 1998 IPO, which explains why some institutional investors are pushing to bring Glenn Chamandy back to the company
The public power struggle over the future of the T-shirt maker has been an almost daily tit-for-tat slugfest between directors and shareholders
Report says Gildan’s independent directors began working on CEO succession planning as early as May, 2021, giving themselves enough time to find a successor
The company’s board has been locked in a fight with several major shareholders over the surprise shakeup
Former CEO Glenn Chamandy responded Tuesday to an open letter issued early this week, saying the board has set the company on a destructive path