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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Gildan Activewear Inc | NYSE:GIL | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.95 | 2.55% | 38.27 | 38.30 | 37.11 | 37.50 | 846,262 | 01:00:00 |
Dr. Leblanc, one of Canada’s leading experts on corporate governance and accountability, was retained by Gildan’s Board to provide an independent review and answer the following question: Did the Board of Directors of Gildan Activewear follow a good and rigorous process with respect to succession planning for the President and Chief Executive Officer?
Dr. Leblanc’s report concludes that the Board followed a good and rigorous process with respect to succession planning by taking reasonable steps to ensure that:
The Board respected the confidentiality of the CEO succession planning process.
The full Governance Report by Dr. Leblanc can be found on the Gildan website at https://gildancorp.com/en/company/governance/.
About Gildan
Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, Peds®, in addition to the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada.
Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.
Media inquiries: Geneviève Gosselin Director, Global Communications and Corporate Marketing ggosselin@gildan.com
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