Hanesbrands Cuts Deal with Activist Investor
HBI has agreed to appoint three veteran branding and retail execs to its board of directors, in a cooperation agreement with activist Barington Capital Group, L.P. that includes standstill and voting provisions. The new board members are Colin Browne, former Under Armour COO; Natasha Chand, principal at consultancy NoBo and former global CEO of Amazon’s softlines private brands; and John Mehas, currently Vineyard Vines CEO, with a long resume of ... Log in to view full article.
