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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Gildan Activewear Inc | TSX:GIL | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 50.80 | 50.66 | 51.25 | 0 | 12:46:08 |
MONTREAL, Dec. 18, 2023 /PRNewswire/ - Glenn J. Chamandy, former President and CEO and co-founder of Gildan Activewear Inc. (TSX: GIL) (NYSE: GIL) ("Gildan" or the "Company"), today issued the following statement:
Contrary to media reports, I gave no ultimatum to Gildan's board with respect to any strategy or potential acquisitions.
This is a sideshow to distract from the reaction the shareholders have had with respect to the board's handling of succession planning, in which I was not involved. I did not and could not orchestrate or control the events; the board conducted the process.
I do believe, it is essential that a leadership transition be conducted in a manner consistent with Gildan's successful track record. Preserving our talent, culture and expertise - the pillars of our success - is vital. Obviously considering shareholder engagement is integral to the decision-making process.
View original content:https://www.prnewswire.com/news-releases/statement-by-glenn-j-chamandy-302017849.html
SOURCE Glenn J. Chamandy
Copyright 2023 PR Newswire
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