Gildan Activewear Inc.

DB:VGA Stock Report

Market Cap: €8.3b

Gildan Activewear Management

Management criteria checks 1/4

Gildan Activewear's CEO is Glenn Chamandy, appointed in May 2024, has a tenure of 2.08 years. total yearly compensation is $13.15M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth €52.88M. The average tenure of the management team and the board of directors is 1.3 years and 2.1 years respectively.

Key information

Glenn Chamandy

Chief executive officer

US$13.1m

Total compensation

CEO salary percentage9.51%
CEO tenure2.1yrs
CEO ownership0.6%
Management average tenure1.3yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Glenn Chamandy's remuneration changed compared to Gildan Activewear's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 29 2026n/an/a

US$254m

Dec 28 2025US$13mUS$1m

US$394m

Sep 28 2025n/an/a

US$475m

Jun 29 2025n/an/a

US$486m

Mar 30 2025n/an/a

US$407m

Dec 29 2024US$27mUS$1m

US$401m

Sep 29 2024n/an/a

US$422m

Jun 30 2024n/an/a

US$418m

Mar 31 2024n/an/a

US$515m

Dec 31 2023US$10mUS$1m

US$534m

Oct 01 2023n/an/a

US$464m

Jul 02 2023n/an/a

US$490m

Apr 02 2023n/an/a

US$493m

Jan 01 2023US$10mUS$1m

US$542m

Oct 02 2022n/an/a

US$632m

Jul 03 2022n/an/a

US$667m

Apr 03 2022n/an/a

US$655m

Jan 02 2022US$12mUS$1m

US$607m

Oct 03 2021n/an/a

US$501m

Jul 04 2021n/an/a

US$369m

Apr 04 2021n/an/a

-US$27m

Jan 03 2021US$17mUS$1m

-US$225m

Sep 27 2020n/an/a

-US$260m

Jun 28 2020n/an/a

-US$212m

Mar 29 2020n/an/a

US$138m

Dec 29 2019US$7mUS$1m

US$260m

Compensation vs Market: Glenn's total compensation ($USD13.15M) is above average for companies of similar size in the German market ($USD2.60M).

Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.


CEO

Glenn Chamandy (65 yo)

2.1yrs
Tenure
US$13,147,193
Compensation

Mr. Glenn J. Chamandy serves as Chairman & CEO at B.R.K Capital Inc. He is Co-Founder of Gildan Activewear Inc. and serves as its President & CEO since May 23, 2024 and also serves as Director since May 23...


Leadership Team

NamePositionTenureCompensationOwnership
Glenn Chamandy
Co-Founder2.1yrsUS$13.15m0.64%
€ 52.9m
Luca Barile
Executive VP & CFO1.3yrsUS$3.57m0.0015%
€ 125.4k
Rabih Assal
Executive VPless than a yearUS$2.53mno data
Benito Masi
President of Manufacturing21.4yrsUS$3.69m0.23%
€ 18.9m
Chuck Ward
Executive VP & Chief Commercial Officerless than a yearUS$4.96m0.10%
€ 8.4m
Jason DeHaan
Executive VP & Chief Information Officer8.9yrsUS$2.30m0.011%
€ 929.8k
Jessy Hayem
Senior VP & Head of Investor Relations and Global Communicationsno datano data0.00015%
€ 12.5k
Genevieve Gosselin
Director of Corporate Communications & Corporate Marketingno datano datano data
Brooke Ferguson
Executive VP & Chief Human Resources Officerless than a yearno datano data
Isabelle Papillon
Corporate Secretaryno datano datano data
1.3yrs
Average Tenure

Experienced Management: VGA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Glenn Chamandy
Co-Founder2.1yrsUS$13.15m0.64%
€ 52.9m
Michael Kneeland
Independent Non-Executive Chair2.1yrsUS$385.00k0.0047%
€ 393.5k
Karen Stuckey
Independent Director2.1yrsUS$257.00kno data
Ghislain Houle
Independent Director2.1yrsUS$281.00k0.0052%
€ 431.7k
Melanie Kau
Independent Director2.1yrsUS$281.00kno data
Peter Lee
Independent Director2.1yrsno datano data
Michener Chandlee
Independent Director2.1yrsUS$257.00k0.0032%
€ 267.3k
Deepak Khandelwal
Independent Corporate Directorless than a yearno data0.0027%
€ 225.0k
Anne-Laure Descours
Independent Director1.3yrsUS$135.39kno data
2.1yrs
Average Tenure
62.5yo
Average Age

Experienced Board: VGA's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 15:41
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/29
Annual Earnings2025/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gildan Activewear Inc. is covered by 25 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Paul KearneyBarclays
Stephen MacLeodBMO Capital Markets Equity Research