May 23 (Reuters) - Canadian apparel maker Gildan

Activewear ( GIL ) said on Thursday its board of directors has

resigned as its president and CEO Vince Tyra stepped down to be

replaced by former top boss Glenn Chamandy.

The outgoing directors appointed the nominees of activist

investor Browning West to the board and ceased discussions on

the previously announced sale process.

"Notably, preliminary results indicate that an overwhelming

majority of shares have been voted in support of Browning West's

full eight-member slate prior to the Board's resignation,"

Browning West, which owns nearly 5.7% stake in the company,

said.