Gildan Activewear Inc (GIL)

Shares of Gildan Activewear Inc (GIL) dropped by 10.79% from $36.52 to $32.58 in the trading on Monday, December 11, 2023. The reason why GIL down today is due to the announcement of leadership changes within the company. Gildan Activewear Inc. revealed that Glenn J. Chamandy, the President and Chief Executive Officer, and director of the company, has departed from his position. Vince Tyra has been appointed as the new President and CEO, effective February 12, 2024. In the interim, Craig A. Leavitt, a director of the company since 2018, will serve as the Interim President and Chief Executive Officer until Mr. Tyra assumes his new role.