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Gildan Activewear Announces Leadership Changes and Reports 2024 Financial Results

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Gildan Activewear Announces Leadership Changes and Reports 2024 Financial Results

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The latest update is out from Gildan Activewear ( (TSE:GIL) ).

On February 19, 2025, Gildan Activewear Inc. announced executive leadership changes as part of its succession planning efforts. Chuck Ward, currently the President of Sales, Marketing, and Distribution, was appointed as Executive Vice President, Chief Operating Officer, effective March 1, 2025. Meanwhile, Rhodri J. Harries will retire as the EVP, Chief Financial and Administrative Officer on January 1, 2026, with Luca Barile set to succeed him as the EVP, Chief Financial Officer starting March 1, 2025. These changes aim to ensure strong leadership continuity as the company advances its Sustainable Growth Strategy. Gildan also reported its fourth-quarter and full-year 2024 financial results and provided guidance for 2025.

More about Gildan Activewear

Gildan Activewear Inc. is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks. The company sells its products to wholesale distributors, screenprinters, retailers, and global lifestyle brands. Gildan operates in North America, Europe, Asia Pacific, and Latin America under various company-owned brands and an exclusive licensing agreement for the printwear channel for Champion®. The company owns large-scale manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, and is committed to high standards in labor, environmental, and governance practices.

YTD Price Performance: 11.21%

Average Trading Volume: 560,381

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.02B

For detailed information about GIL stock, go to TipRanks’ Stock Analysis page.

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