Overview

• Entire board and CEO Vince Tyra stepped down after a five-month proxy battle.
• Browning West, owning 5% of Gildan shares, successfully pushed for new leadership.
• Former CEO Glenn Chamandy returns with plans to boost revenue and shift production.
• Outgoing board halted discussions on a potential sale of the company.
• New strategy aims to enhance shareholder value and improve operational efficiency.