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Article Date: January 2024
Word Count: 237

Gildan Levels More Accusations after Computer Search

Continuing the war of press releases that is getting more petty with every round, Gildan accused former CEO, Glenn Chamandy of failing to disclose “close relationships” with shareholders who are now supporting his reinstatement. The information was discovered “by accessing Mr. Chamandy’s files and electronic information following his departure,” GIL said. The company found that Chamandy invested in funds managed by an unnamed Gildan shareholder, who is now backing his return, and also invited activist hedge fund Browning West, which has been the most vocal in calling for a proxy fight ... Log in to view full article.


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