Gildan Activewear CEO allegedly had affair with employee, NY Post reports

Gildan Activewear CEO Vince Tyra allegedly had an affair more than two decades ago with an employee who reported directly to him at another company, and who now holds a senior leadership position at Gildan, The New York Post’s Josh Kosman reports, citing a report reviewed by the publication. Hedge fund Browning West and other sizable shareholders, which had pushed to remove five directors after co-founder Glenn Chamandy’s ouster in December before the report about the alleged affair, claim Gildan’s board failed to do its due diligence before hiring Tyra, and that his reunion with a possible former affair partner may create potential legal headaches down the line, sources say.