Activist Browning West Emerges as Kingmaker After Gildan Board Coup.

Browning West LP, an investment partnership founded by Usman Nabi and Peter Lee, recently emerged as a powerful force in corporate Canada after winning a high-profile proxy fight at Gildan Activewear Inc. The battle, which began when Gildan's board fired CEO Glenn Chamandy, resulted in the board's resignation and Chamandy's return. Browning West, which manages $1.6 billion for investors, plans to implement changes at Gildan, including borrowing more, repurchasing stock, and expanding production in Bangladesh. The firm's success in this fight has garnered attention and may influence future campaigns for change at other public companies. [Extracted from the article]