Etiket: Gildan
Gildan | A dissident shareholder met with the new CEO
New Gildan CEO Vince Tyra met last Friday with representatives of Browning West, the Los Angeles investment firm that is leading a cabal to reconstitute the Montreal clothing maker’s board…
Former Gildan CEO goes on the attack to protect his reputation
Abruptly dismissed last month, the former CEO of Gildan is on the attack to protect his reputation tarnished in recent weeks by the board of directors of the Montreal clothing…
Gildan accuses dissident shareholder of violating the law
While defending for a month its decision to fire Gildan co-founder and CEO Glenn Chamandy, the board of directors of the Montreal clothing manufacturer is accusing a major dissident shareholder…
Gildan uncovers its ex-CEO’s relationships with dissident shareholders
As the battle for control of Gildan continues, the Montreal clothing manufacturer released new information on Tuesday about the conduct of its former CEO Glenn Chamandy, including his relations with…
Gildan accuses ex-CEO of having maintained close relations with shareholders
Gildan accuses its recently fired former boss of having inappropriate relationships with some of the shareholders who are calling for his reinstatement. In a statement released Tuesday, the company said…
Gildan advances the inauguration of its new CEO
As feared by a major disgruntled shareholder, the successor designated to succeed Glenn Chamandy at the head of Gildan will take office on Monday, a month earlier than expected. Posted…
Gildan founder “offended” by his CA’s allegations
The former boss of Gildan, Glenn Chamandy, says he is “offended” by the allegations from the board of directors of the Montreal company, which accuses him of being an “ineffective”…
Gildan counsel makes another charge against Glenn Chamandy
The power struggle is getting worse at Gildan as the board of directors launches a new charge against former CEO Glenn Chamandy, notably denouncing his commitment and behavior described as…
Governance crisis at Gildan | A shareholder rebellion takes shape
An attempted rebellion is taking shape at Gildan, where a second major shareholder is supporting an offensive aimed at ejecting directors of the Montreal clothing manufacturer and bringing co-founder Glenn…
The wise investor | Gildan is no longer unanimous
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to investors, but which might have gone under the radar Posted at…
Decryption | The surprising Gildan soap opera
The ongoing drama at Gildan is surprising, particularly because it is rare to see a board of directors reveal so much information surrounding discussions held behind closed doors. Posted at…
“Governance problem” at Gildan | Jarislowsky reiterates that Glenn Chamandy must become CEO again
Gildan’s largest shareholder continues to “strongly” oppose the firing of the Montreal clothing maker’s founder and CEO, Glenn Chamandy, and criticizes the board’s decision to grant a director seat to…
Several Gildan executives sold shares
Members of Gildan’s management team sold several million dollars worth of shares in the Montreal clothing maker last week after the firing of founder and CEO Glenn Chamandy. Updated yesterday…
Glenn Chamandy denies giving Gildan board ultimatum
The founder and former CEO of Gildan, Glenn Chamandy, denies having given an ultimatum to the board of directors of the Montreal clothing manufacturer regarding any potential acquisition strategy. Posted…
Gildan | The CA unpacks its criticisms of Glenn Chamandy
A week after firing the founder and CEO of Gildan and raising opposition from at least four major shareholders, the board of directors of the Montreal clothing manufacturer considers it…
Gildan | The CA unpacks its criticisms of Glenn Chamandy
A week after firing the founder and CEO of Gildan and raising opposition from at least four major shareholders, the board of directors of the Montreal clothing manufacturer considers it…
Controversial dismissal | Pressure builds for Glenn Chamandy to return to Gildan
Pressure intensified Friday on Gildan’s board of directors to reverse its decision to bring Glenn Chamandy back at the helm of the Montreal clothing manufacturer. Updated yesterday at 4:51 p.m.…
Major Gildan shareholders demand return of Glenn Chamandy
Two major institutional shareholders of Gildan claim that the board of directors made a blunder in dismissing Glenn Chamandy and are demanding that he be brought back to the helm…
The tax authorities claim more than 10 million from the ex-CEO of Gildan
The former CEO of Gildan Sportswear has been fighting tooth and nail for nine years against Quebec, which refuses him tax deductions of nearly 66 million. Greg Chamandy solemnly asserts…
Sportswear: Gildan unveils three-year growth plan and dividend hike
Gildan activewear raised its dividend nearly 10% on Wednesday as it unveiled a plan to boost sales and earnings over the next three years. The Montreal-based CFO, Rod Harries, says…