Gildan Activewear Says Glenn J. Chamandy Has Left His Position As President, CEO And Director; Vince Tyra Appointed As President And CEO, Effective February 12, 2024
Portfolio Pulse from Benzinga Newsdesk
Gildan Activewear announced that Glenn J. Chamandy has departed from his roles as President, CEO, and Director. Vince Tyra has been appointed as the new President and CEO, effective February 12, 2024. Craig A. Leavitt will act as Interim President and CEO until Tyra takes over.
December 11, 2023 | 11:04 am
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Glenn J. Chamandy has left his executive positions at Gildan Activewear. Vince Tyra is set to become President and CEO on Feb 12, 2024, with Craig A. Leavitt as interim CEO.
CEO transitions can lead to uncertainty, but since there is a clear succession plan and an interim CEO, the impact is likely to be neutral in the short term. Investors may adopt a 'wait and see' approach to assess the new leadership's direction for the company.
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