04:57 PM EDT, 05/24/2024 (MT Newswires) -- Gildan Activewear Inc. ( GIL ) after trade Friday announced that the Board of Directors has appointed Glenn J. Chamandy as President and Chief Executive Officer and Michael Kneeland as non-executive Chair of the Board, each effective immediately.

Gildan said it will hold its previously announced annual meeting of shareholders on Tuesday May 28 at 10am EDT. As a result of the resignation on May 23 of the prior directors of the company and their decision not to present themselves for election at the annual meeting, only eight director nominees, being all of the current directors of the company, namely Michael Kneeland, Glenn J. Chamandy, Michener Chandlee, Ghislain Houle, Melanie Kau, Peter Lee, Karen Stuckey and J.P. Towner, will be presented for election at the annual meeting. All other items of business at the annual meeting remain unchanged.