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Gildan Activewear Appoints Additional Independent Board Member
MONTREAL, June 22 /PRNewswire-FirstCall/ -- Gildan Activewear Inc. (GIL; TSX
and NYSE) today announced the appointment of Ms. Sheila O'Brien to its Board of
Directors.
Ms. O'Brien is currently Special Advisor on student life to the President of
the University of Calgary. In this capacity, she is responsible for all aspects
of the quality of the student experience at the University. Ms. O'Brien
previously enjoyed a successful career over 30 years in the oil, gas and
petrochemical sectors in Canada, the U.S. and Europe. Most recently, she was a
member of the executive leadership team of NOVA Chemicals, with primary
responsibility for human resources, investor relations, public relations and
government affairs.
Ms. O'Brien has been active in government and community affairs for many years.
She has devoted much of her volunteer service to the advancement of women and
founded several recognition and mentorship programs for women. She is also a
member of the Board of directors of Vartana, an innovative bank concept to
support voluntary sector organizations. Her contributions in the areas of
women's issues, human rights, education, health and welfare have been
recognized through various awards and, in February 1999, Ms. O'Brien was
invested as a member of the Order of Canada, the country's highest honour and
public service award.
With the addition of Ms. O'Brien, Gildan's Board of Directors now comprises
eight members, of which seven are independent of management. All Board
Committees are composed exclusively of independent directors.
"We are very pleased that Sheila O'Brien has joined our Board of Directors",
commented Robert M. Baylis, non-executive Chairman of the Board of Directors of
Gildan Activewear. "In particular, her senior level experience in the areas of
human resources and public affairs will further enhance our Board's ability to
support and counsel Glenn Chamandy and his senior management team, as they
continue to implement the next phase of Gildan's exciting growth strategy".
Profile
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Gildan Activewear is a vertically-integrated manufacturer and marketer of
premium quality branded basic activewear for sale principally in the wholesale
imprinted activewear segment of the Canadian, U.S., European and other
international markets. The Company manufactures and sells premium quality 100%
cotton and 50% cotton/50% polyester T-shirts, placket collar sport shirts and
sweatshirts in a variety of weights, sizes, colours and styles. The Company
sells its products as blanks, which are ultimately decorated with designs and
logos for sale to consumers. Gildan employs more than 7,800 full-time
employees.
DATASOURCE: GILDAN ACTIVEWEAR INC.
CONTACT: Laurence G. Sellyn, Executive Vice-President, Finance and Chief
Financial Officer, (514) 343-8805,