11.12.2023 12:35:15 - dpa-AFX: Gildan Activewear CEO Glenn Chamandy Resigns, Vince Tyra To Succeed
WASHINGTON (dpa-AFX) - Apparel manufacturer, Gildan Activewear Inc. (GIL),
Monday said its Chief Executive Officer and President Glenn Chamandy has stepped
down from the position and will be replaced by Vince Tyra, effective February
12, 2024.
Earlier, Tyra worked as Senior Vice President of Corporate Strategy and Mergers
and Acquisitions at Houchens Industries.
Tyra was earlier President of Fruit of the Loom, where he was instrumental in
turning around the company before selling it to Berkshire Hathaway.
Till Tyra assumes the CEO role, Director Craig Leavitt will act as interim CEO
and President, the company said in a statement.
Gildan's stock closed at $36.52, down 1.85% on Friday on the New York Stock
exchange.
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX