Media Reports on Historic Proxy Contest Victory for Olshan Client Browning West at Gildan Activewear, Replacing the Entire Board of Directors and Reinstating Former CEO

Media Mention

Numerous media outlets, including The Wall Street Journal (subscription required), Bloomberg, Reuters, CNBC, The Deal (subscription required), Law360 (subscription required) and many others, reported on the historic proxy contest victory for Olshan client Browning West at Canadian clothing maker Gildan Activewear. In Browning West’s landmark victory, Gildan Activewear announced that its entire 12-person board would be resigning immediately, to be replaced by Browning West's eight nominees, and also that it would reinstate its former chief executive officer and founder, Glenn Chamandy, who was ousted abruptly late last year. Winning the support of an overwhelming majority of shareholders, Browning West also won the support of Institutional Shareholder Services, Glass Lewis and Egan Jones in a rare case of unanimity among the proxy advisors. Olshan Co-Managing Partner and Chair of the firm’s Shareholder Activism Practice Andrew Freedman led the team that represented Browning West, which included associates Nikoleta Holevas, Joseph Ferrone and law clerk Joseph Del Vicario.

Media Contact

Marketing Contact
Mizi Mehaj
Marketing & Administrative Manager

Jump to Page

Necessary Cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.