Gildan Activewear Inc. is set to enter a new era of leadership as Vince Tyra assumes the role of President and Chief Executive Officer on January 15, 2024, moving up from the initially planned February 12 start date. The Board highlights Tyra's unique blend of financial acumen, management prowess, and transformative leadership, emphasizing the need for a hands-on CEO amid a dynamic business landscape.
Donald C. Berg, Chairman of the Board, lauds Tyra's selection after a comprehensive search, citing his extensive experience in apparel, manufacturing, marketing, and successful turnarounds. Tyra's illustrious career includes pivotal roles at Fruit of the Loom and Broder Bros., where he orchestrated impressive revenue growth. Notably, his turnaround expertise extended to the scandal-ridden University of Louisville Athletics Program in 2017, showcasing his ability to rebuild and instill a culture of excellence.
The endorsement from Yoo Jin Kim, a Principal at Bain Capital, emphasizes Tyra's top-tier executive qualities, instilling confidence in Gildan's future. Tyra's recent stint at Houchens Industries further underscores his strategic vision and impact on organizational strength.
Gildan's Board expresses enthusiasm for Tyra's leadership, anticipating his contribution to the company's success. The appointment marks a strategic move to navigate complexities and drive Gildan Activewear into a new phase of growth under Tyra's seasoned guidance.
