Corporate Leadership Transition

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Unisync announces the retirement of Douglas F. Good as CEO
Globenewswireยท 2025-07-07 11:30
Core Insights - Unisync Corp. announced the retirement of CEO Douglas F. Good effective July 15, 2025, with Chairman Tim Gu stepping in as Executive Chairman to ensure continuity and oversight [1][4] Company Leadership Transition - Douglas F. Good played a crucial role in shaping Unisync, starting with the acquisition of Peerless Garments in 2010 and leading the company through strategic acquisitions and expansion into the U.S. market [2][3] - Good expressed pride in leading Unisync from its inception to a respected TSX-listed company, highlighting the resilience of the management team during challenges, particularly those related to COVID-19 [3][4] Future Outlook - Good believes Unisync is well-positioned for continued success under the leadership of Tim Gu and a strong Board of Directors, leaving the company with a solid foundation for future growth [4][5] - Tim Gu acknowledged Good's significant contributions, describing him as the founder and visionary behind Unisync, and emphasized the long-term value created for stakeholders through Good's leadership [4][5] Company Operations - Unisync operates through two business units: Unisync Group Limited (UGL), which serves corporate apparel needs in Canada and the U.S., and Peerless Garments LP, a manufacturing operation specializing in protective garments and military clothing [6]