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Browning West to Reconstitute Gildan Activewear Board
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Browning West, LP intends to requisition a Special Meeting of Gildan Activewear Inc. shareholders to reconstitute the Board of Directors. The proposed director candidates include Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner. Browning West aims to appoint an independent, non-executive Chair, terminate the current CEO, and reassess committee composition, while expressing a commitment to protect shareholder interests.
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How might the reconstitution of the Board of Directors impact the governance and strategic direction of Gildan Activewear?
In what ways might the proposed changes in the Board of Directors affect the stock performance and investor confidence in Gildan Activewear?
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