Gildan Activewear (TSE:GIL) has released an update.
Gildan Activewear has announced a significant refresh of its Board of Directors, appointing five new independent directors and revealing plans for a new Independent/Non-Executive Chair to take over on May 1, 2024. The changes, recommended by the Corporate Governance and Social Responsibility Committee, reflect shareholder feedback calling for more apparel and consumer product expertise. In addition to the board restructuring, the company expresses gratitude to outgoing members for their contributions towards Gildan’s growth and sustainable value creation.
For further insights into TSE:GIL stock, check out TipRanks’ Stock Analysis page.