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Article Date: April 2024
Word Count: 282

Gildan’s Activist Shareholder Fires Back at Tyra Plan


With two competing plans for the company’s future now in the public eye, Browning West was swift in their condemnation of new CEO Vince Tyra’s proposals. The investment fund called back to Tyra’s prior tenures with Fruit of the Loom and Broder Bros. and noted the plans are just a continuation of the strategy put forth under Glenn Chamandy. The firm thanked the current board for reversing its criticisms of Chamandy by acknowledging the GSG strategy’s merit, while asking why shareholders would want a “proven value-destroyer” at its helm. On the ... Log in to view full article.

 


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