December 14th, 2024

CP NewsAlert: Gildan board resigns ahead of shareholder vote

By The Canadian Press on May 23, 2024.

The Gildan logo is seen outside their offices in Montreal, Monday, Dec. 11, 2023.THE CANADIAN PRESS/Christinne Muschi

Activist shareholder Browning West says the incumbent board of directors at Gildan Activewear Inc. has resigned ahead of the company’s annual meeting on Tuesday.

The activist investor is among several major Gildan shareholders that have been campaigning to have the clothing maker’s former CEO reinstated.

More coming.

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