On January 5, 2024, Three of Gildan Activewear's top shareholders, Jarislowsky Fraser, Turtle Creek and Oakcliff Capital are said to be backing investment firm Browning West's 5 nominees: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner at the upcoming special meeting. The group of investors are supporting Browning West's plans to terminate the new CEO Vincent Tyra and replace him with outgoing CEO Glenn Chamandy and current chair Donald Berg to be replaced with nominee Michael Kneeland, chair of US equipment rental company United Rentals Inc. At an upcoming special meeting, the shareholders plan to vote to remove Gildan's five incumbent directors and install 5 new candidates.