It's Time To Supercharge Gildan

Browning West's slate of director candidates has a five-pillar plan to enhance shareholder value and supercharge Gildan.

We believe replacing a majority of the Board with director candidates who possess strong track records of value creation, expertise in successful succession planning, and relevant industry experience can help enhance value for shareholders.

At the upcoming Annual Meeting – scheduled for May 28, 2024 – shareholders will finally have the opportunity to have their voices heard.

Meet our Director Candidates

Investor Perspectives

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Why Change Is Urgently Needed at Gildan:

>35% of the Company’s shareholders

>35% of the Company’s shareholders

have independently publicly supported our campaign and efforts to expeditiously reinstate Glenn Chamandy

$11+ million recent share sales

$11+ million recent share sales

by senior executives, signaling a lack of confidence in the Board and the new CEO Vincent Tyra

9 separate Gildan shareholders

9 separate Gildan shareholders

have spoken out against the Board’s handling of succession and support our campaign

HEAR FROM OTHER INVESTORS WHY CHANGE  IS URGENTLY NEEDED IN GILDAN'S BOARDROOM

HEAR FROM OTHER INVESTORS WHY CHANGE IS URGENTLY NEEDED IN GILDAN'S BOARDROOM

Resources

About Browning West

Learn more

Meet Our Director Candidates

Learn more

Hear From Other Investors

Learn more

Shareholder Resources

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Investor Contact

Browning West
info@browningwest.com
 
310-984-7600

OR

Carson Proxy
Christine Carson, 416-804-0825
christine@carsonproxy.com

Media Contact

Longacre Square Partners
Greg Marose / Charlotte Kiaie
646-386-0091
browningwest@longacresquare.com

OR

Pelican PR
Lyla Radmanovich / Mélanie Tardif
514-845-8763
media@rppelican.ca

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Pzena Investment Management calls on the Board of Gildan Activewear Inc. to re-appoint Glenn Chamandy as CEO

We disagree with the Board’s decision to terminate Glenn Chamandy and strongly urge the Board to reverse this decision and re-appoint Glenn Chamandy as the CEO of Gildan.

- GLOBENEWSWIRE / DECEMBER 15, 2023
Gildan’s Largest Investor Pushes Board to Bring Back Chamandy as CEO

Cooke & Bieler LP, which holds nearly 6% of Gildan’s shares, is also backing a return of Chamandy and believes that Chairman Donald Berg would have to go...

- BLOOMBERG / DECEMBER 15, 2023
Anson Funds Calls on Gildan Activewear's Board of Directors to Immediately Reinstate Glenn Chamandy as CEO

We disagree with the Board’s decision to remove Mr. Chamandy as CEO given his strong track record of value creation, and are calling for his immediate reinstatement and the implementation of a formal succession planning process including the engagement of Company shareholders.

- PR NEWSWIRE / DECEMBER 18, 2023
Janus Henderson Backs Gildan’s Former CEO in Escalating Power Struggle

…Failing to bring back Chamandy, who’s been running the business for decades, ‘would expose shareholders to risks including further executive departures, loss of strategic and operational insight, impairment of employee goodwill, and weakening of customer relationships…’

- BNN BLOOMBERG / DECEMBER 18, 2023
Cardinal Capital Management Joins Other Shareholders in Call for Reinstatement of Glenn Chamandy as CEO of Gildan Activewear

In light of this strong support, and to avoid further distraction for Gildan, we ask the board to reinstate Chamandy as CEO immediately.

- CISION NEWSWIRE / DECEMBER 21, 2023
Gildan Activists Turn Up Heat on Board for Shareholder Vote

… Oakcliff Capital followed with its own letter to Gildan, pledging to vote for Browning West’s slate of directors. The firm said the sale of shares by some other members of Gildan’s management team pointed to a lack of confidence. Chamandy 'should be reinstated as CEO immediately…'

- BLOOMBERG / JANUARY 4, 2024
Turtle Creek Asset Management Intends to Support All Five of Browning West’s Proposed Nominees for Election to the Board of Gildan

Turtle Creek intends to vote in favour of each [Browning West] nominee at the Special Meeting and believes a substantial majority of other shareholders conducting their respective independent reviews of the nominees will arrive at the same conclusion.

- BUSINESS WIRE / JANUARY 4, 2024
Jarislowsky Fraser Backs Browning’s Bid to Change Gildan Board

Jarislowsky Fraser intends to support Browning West and its intent to requisition a Special Meeting of Gildan Shareholders to appoint five new director candidates.

- BLOOMBERG LAW / JANUARY 5, 2024