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Corporate Governance Unravels at Gildan Activewear Amidst Shareholder Revolt

Gildan Activewear Inc. (TSX and NYSE: GIL), owner of American Apparel, fired Co-Founder and CEO Glenn Chamandy in shock to many shareholders Long-only investment fund Browning West LP owns 5% of shares and wants CEO reinstated Approximately 35% of shareholder base, a total of 9 investment funds, have publicly voiced desire to reinstate Mr. Chamandy Browning […] The post Corporate Governance Unravels at Gildan Activewear Amidst Shareholder Revolt appeared first on CorpGov.

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