Gildan Announces Executive Leadership Changes including CFO Transition

Executive Leadership Changes - Gildan Activewear Inc. announced executive leadership nominations and a CFO transition as part of a multi-year succession planning process to ensure continuity in the Gildan Sustainable Growth Strategy [1][2] - Chuck Ward has been appointed as Executive Vice President, Chief Operating Officer (EVP and COO), effective March 1, 2025, while Rhodri J. Harries will retire on January 1, 2026, after nearly 10 years in the role of EVP, Chief Financial and Administrative Officer [5] - Luca Barile will succeed Rhodri J. Harries as EVP, Chief Financial Officer, assuming responsibilities on March 1, 2025, after serving as CFO for Sales, Marketing and Distribution [5] Financial Performance and Guidance - Gildan announced its fourth-quarter and full-year results for 2024, along with annual guidance for 2025, indicating ongoing financial goals and growth strategies [3] Company Overview - Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, and socks, marketed under various brands such as Gildan, American Apparel, and Champion [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [5][6]