Anson funds calls on gildan activewear's board of directors to immediately reinstate glenn chamandy as ceo

Expresses disappointment regarding the gildan board striking a backroom deal with an individual shareholder in exchange for their support rather than engaging with investors troubled by poor succession planning toronto , dec. 18, 2023 /prnewswire/ -- anson funds management lp and anson advisors inc., the co-investment advisers of certain investment funds (collectively "anson funds," "we," or "us") and significant shareholders of gildan activewear inc. (nyse: gil) ("gildan," or the "company"), today issued the following statement regarding its views on the company's board of directors' (the "board") poor handling of succession planning and calling for the board to immediately reinstate glenn chamandy as ceo.  "anson funds has become increasingly concerned by the board's handling of succession planning and disregard for shareholder feedback.
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