Gildan Activewear Reports on Shareholders’ Voting Results
Gildan Activewear held its hybrid annual shareholders' meeting in Montréal on April 30, 2025, where shareholders voted on key resolutions. All eight proposed directors were successfully elected with strong majority support, with Glenn J. Chamandy receiving 99.94% approval and Michael Kneeland securing 95.84% of votes.
The company's shareholders also approved the appointment of auditors with 88.79% support and passed the advisory vote on Executive Compensation ("Say on Pay") with 83% approval. Notable director elections included Anne-Laure Descours (99.93%), Karen Stuckey (99.65%), and Peter Lee (88.63%).
Gildan operates as a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks. The company maintains vertically integrated manufacturing facilities primarily in Central America, the Caribbean, North America, and Bangladesh, marketing products under brands like Gildan®, American Apparel®, and Comfort Colors®.
Gildan Activewear ha tenuto la sua assemblea annuale degli azionisti in modalità ibrida a Montréal il 30 aprile 2025, durante la quale gli azionisti hanno votato su risoluzioni chiave. Tutti e otto i direttori proposti sono stati eletti con un ampio sostegno, con Glenn J. Chamandy che ha ottenuto il 99,94% di approvazione e Michael Kneeland il 95,84% dei voti.
Gli azionisti dell’azienda hanno inoltre approvato la nomina dei revisori contabili con il 88,79% di consensi e hanno approvato la votazione consultiva sulla remunerazione esecutiva (“Say on Pay”) con l’83% di approvazione. Tra le elezioni dei direttori più significative figurano Anne-Laure Descours (99,93%), Karen Stuckey (99,65%) e Peter Lee (88,63%).
Gildan è un produttore leader di abbigliamento basic quotidiano, inclusi abbigliamento sportivo, biancheria intima e calze. L’azienda gestisce impianti produttivi verticalmente integrati principalmente in America Centrale, Caraibi, Nord America e Bangladesh, commercializzando prodotti sotto marchi come Gildan®, American Apparel® e Comfort Colors®.
Gildan Activewear celebró su junta anual híbrida de accionistas en Montreal el 30 de abril de 2025, donde los accionistas votaron sobre resoluciones clave. Los ocho directores propuestos fueron elegidos con un fuerte apoyo mayoritario, con Glenn J. Chamandy recibiendo un 99.94% de aprobación y Michael Kneeland asegurando el 95.84% de los votos.
Los accionistas también aprobaron el nombramiento de auditores con un 88.79% de apoyo y aprobaron la votación consultiva sobre la compensación ejecutiva (“Say on Pay”) con un 83% de aprobación. Entre las elecciones destacadas de directores estuvieron Anne-Laure Descours (99.93%), Karen Stuckey (99.65%) y Peter Lee (88.63%).
Gildan opera como un fabricante líder de ropa básica diaria, incluyendo ropa deportiva, ropa interior y calcetines. La empresa mantiene instalaciones de fabricación verticalmente integradas principalmente en Centroamérica, el Caribe, Norteamérica y Bangladesh, comercializando productos bajo marcas como Gildan®, American Apparel® y Comfort Colors®.
길단 액티브웨어는 2025년 4월 30일 몬트리올에서 하이브리드 방식으로 연례 주주총회를 개최했으며, 주주들은 주요 결의안에 대해 투표했습니다. 제안된 8명의 이사가 모두 강력한 다수의 지지로 성공적으로 선출되었으며, 글렌 J. 채맨디는 99.94%의 찬성표를, 마이클 니랜드는 95.84%의 표를 확보했습니다.
회사의 주주들은 또한 88.79%의 지지로 감사 선임을 승인했으며, 경영진 보상에 관한 자문 투표(“Say on Pay”)도 83%의 찬성으로 통과시켰습니다. 주목할 만한 이사 선출에는 앤-로르 데스쿠어(99.93%), 카렌 스터키(99.65%), 피터 리(88.63%)가 포함되었습니다.
길단은 일상 기본 의류, 액티브웨어, 속옷, 양말 등을 제조하는 선도 업체로, 주로 중미, 카리브해, 북미 및 방글라데시에 수직 통합된 제조 시설을 운영하며 Gildan®, American Apparel®, Comfort Colors®와 같은 브랜드로 제품을 판매하고 있습니다.
Gildan Activewear a tenu son assemblée générale annuelle hybride à Montréal le 30 avril 2025, où les actionnaires ont voté sur des résolutions clés. Les huit administrateurs proposés ont été élus avec une forte majorité, Glenn J. Chamandy obtenant 99,94 % d’approbation et Michael Kneeland 95,84 % des voix.
Les actionnaires ont également approuvé la nomination des auditeurs avec 88,79 % de soutien et adopté le vote consultatif sur la rémunération des dirigeants (« Say on Pay ») avec 83 % d’approbation. Parmi les élections notables, on compte Anne-Laure Descours (99,93 %), Karen Stuckey (99,65 %) et Peter Lee (88,63 %).
Gildan est un fabricant de premier plan de vêtements basiques quotidiens, incluant des vêtements de sport, des sous-vêtements et des chaussettes. La société possède des installations de production intégrées verticalement principalement en Amérique centrale, dans les Caraïbes, en Amérique du Nord et au Bangladesh, commercialisant des produits sous les marques Gildan®, American Apparel® et Comfort Colors®.
Gildan Activewear hielt am 30. April 2025 in Montréal seine hybride jährliche Hauptversammlung ab, bei der die Aktionäre über wichtige Beschlüsse abstimmten. Alle acht vorgeschlagenen Direktoren wurden mit großer Mehrheit gewählt, wobei Glenn J. Chamandy eine Zustimmung von 99,94 % und Michael Kneeland 95,84 % der Stimmen erhielt.
Die Aktionäre des Unternehmens genehmigten außerdem mit 88,79 % die Bestellung der Prüfer und stimmten mit 83 % für die beratende Abstimmung zur Vorstandsvergütung („Say on Pay“). Bemerkenswerte Direktorenwahlen waren Anne-Laure Descours (99,93 %), Karen Stuckey (99,65 %) und Peter Lee (88,63 %).
Gildan ist ein führender Hersteller von alltäglicher Basiskleidung, darunter Activewear, Unterwäsche und Socken. Das Unternehmen betreibt vertikal integrierte Produktionsstätten hauptsächlich in Mittelamerika, der Karibik, Nordamerika und Bangladesch und vertreibt Produkte unter Marken wie Gildan®, American Apparel® und Comfort Colors®.
- Strong shareholder support with over 99% approval for key directors Glenn Chamandy and Anne-Laure Descours
- 88.79% approval for appointment of auditors showing strong confidence in financial oversight
- 83% shareholder approval on executive compensation package
- Vertically integrated manufacturing facilities across strategic locations (Central America, Caribbean, North America, Bangladesh)
- 17% shareholders voted against executive compensation, showing notable dissent
- Significant opposition (11.37%) to director Peter Lee's election
- 11.21% votes against auditor reappointment indicates some shareholder concerns
MONTRÉAL, April 30, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) today announced that the eight nominees proposed as directors in its management proxy circular dated March 18, 2025 were elected as directors of the Company by a majority of the votes cast by the shareholders or represented by proxy at its hybrid annual meeting of shareholders held on April 30, 2025 in Montréal. Gildan also notes that a majority of the votes cast by shareholders were in favour of the non-binding advisory vote on Executive Compensation (“Say on Pay”) and the reappointment of its auditors.
The voting results are detailed below:
FOR | WITHHELD/AGAINST | |||
Number | % | Number | % | |
Resolution 1 | ||||
Appointment of Auditors | 113,566,354 | 14,344,315 | ||
Resolution 2 | ||||
Election of Directors | ||||
Michael Kneeland | 120,184,823 | 5,217,322 | ||
Glenn J. Chamandy | 125,321,401 | 80,741 | ||
Michener Chandlee | 124,844,153 | 557,990 | ||
Anne-Laure Descours | 125,313,548 | 88,595 | ||
Ghislain Houle | 122,884,183 | 2,517,958 | ||
Mélanie Kau | 123,769,180 | 1,632,962 | ||
Peter Lee | 111,142,448 | 14,259,696 | ||
Karen Stuckey | 124,962,647 | 439,495 | ||
Resolution 3 | ||||
Advisory Vote on Executive Compensation | 104,083,922 | 21,318,217 |
About Gildan
Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE® and Peds®, and under an exclusive licensing agreement for the printwear channel for Champion®.
Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.
Investor inquiries: Jessy Hayem, CFA Senior Vice-President, Head of Investor Relations and Global Communications (514) 744-8511 jhayem@gildan.com | Media inquiries: Genevieve Gosselin Director, Global Communications and Corporate Marketing (514) 343-8814 communications@gildan.com |
