The company says Tyra, who was named late last year to replace co-founder
Several Gildan shareholders, including the company's largest,
The Gildan board has said it replaced Chamandy because he had no credible long-term strategy for the company and had lost the board's trust and confidence in his ability to grow an increasingly complex organization.
In response, Chamandy has said he presented a comprehensive long-range plan in October that showed meaningful organic growth prospects for Gildan over the next five years.
This report by The Canadian Press was first published
Companies in this story: (TSX:GIL)
© 2024 The Canadian Press. All rights reserved., source