Donald Berg - Gildan Activewear Independent Chairman of the Board

GIL Stock  USD 49.62  0.06  0.12%   

Chairman

Mr. Donald G. Berg was appointed Independent Chairman of the Board of the Company effective May 2, 2019 . He is Chief Executive Officer at Comfy Cow LLC, a privately held Louisville, Kentuckybased purveyor of specialty gourmet ice cream through its chain of retail shops as well as in fine grocery stores in the Midwest. Mr. Berg retired in April 2014 as Executive Vice President, Chief Financial Officer at BrownForman Corporationrationration, a U.S. based producer and marketer of fine quality beverage alcohol brands and one of the largest companies in the global wine and spirits industry. Mr. Bergs career at BrownForman Corporation spanned over 25 years, where he held various executive positions including as President of its Advancing Markets Group, President of BrownForman Spirits Americas, the companys largest operating group, head of its corporate development and strategy functions and director of its mergers and acquisitions group. Prior to joining BrownForman, Mr. Berg has had a wide variety of finance, sales and marketing roles with respected national and international firms after beginning his career as a certified chartered public accountant with Ernst Whinney since 2019.
Age 66
Tenure 5 years
Professional MarksMBA
Address 600 de Maisonneuve Boulevard West, Montreal, QC, Canada, H3A 3J2
Phone514 735 2023
Webhttps://gildancorp.com
Berg is also a member of the Board of Directors of Meredith Corporationrationrationration, a publiclyheld media and marketing company, where he is also a member of the Audit Committee and the Finance Committee. He holds a MBA from the Wharton School of Business and earned his Bachelor of Arts degree in accounting and business administration from Augustana College in Illinois.

Gildan Activewear Management Efficiency

The company has Return on Asset of 0.1149 % which means that on every $100 spent on assets, it made $0.1149 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2371 %, implying that it generated $0.2371 on every 100 dollars invested. Gildan Activewear's management efficiency ratios could be used to measure how well Gildan Activewear manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.10. The value of Return On Capital Employed is expected to slide to 0.20. At this time, Gildan Activewear's Non Currrent Assets Other are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 3.36 this year, although the value of Non Current Assets Total will most likely fall to about 926.3 M.
Gildan Activewear has 1.08 B in debt with debt to equity (D/E) ratio of 0.51, which is OK given its current industry classification. Gildan Activewear has a current ratio of 3.05, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gildan to invest in growth at high rates of return.

Similar Executives

Found 8 records

CHAIRMAN Age

Emanuel ChiricoPVH Corp
63
Marc LederVince Holding Corp
58
Robert ShearerKontoor Brands
69
Morris GoldfarbG III Apparel Group
73
Ermenegildo RubelloErmenegildo Zegna NV
69
Sammy AaronG III Apparel Group
65
Scott BaxterKontoor Brands
59
Henry NasellaPVH Corp
73
Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada. Gildan Activewear operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 51000 people. Gildan Activewear (GIL) is traded on New York Stock Exchange in USA. It is located in 600 de Maisonneuve Boulevard West, Montreal, QC, Canada, H3A 3J2 and employs 49,000 people. Gildan Activewear is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification.

Management Performance

Gildan Activewear Leadership Team

Elected by the shareholders, the Gildan Activewear's board of directors comprises two types of representatives: Gildan Activewear inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gildan. The board's role is to monitor Gildan Activewear's management team and ensure that shareholders' interests are well served. Gildan Activewear's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gildan Activewear's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marcello Caira, Independent Director
Charles Herington, Independent Director
William Anderson, Independent Chairman of the Board
Lindsay Matthews, Vice-President, General Counsel and Corporate Secretary
Dhaval Buch, Director
Vincent Tyra, President CEO
Michael Hoffman, President - Sales, Marketing and Distribution
Anne MartinVachon, Independent Director
Craig Leavitt, Independent Director
Luc Jobin, Independent Director
Donald Berg, Independent Chairman of the Board
Elisabeth Hamaoui, Director Communications
Maryse Bertrand, Independent Director
Shirley Cunningham, Independent Director
Jason DeHaan, Chief Officer
Elisabeth CPA, Director Communications
Michelle Taylor, General VP
Benito Masi, Executive Vice-President of Manufacturing
Russell Goodman, Independent Director
Peter Iliopoulos, Sustainability Taxation
Jessy Hayem, Head Relation
Rhodri Harries, Chief Financial Officer, Executive Vice President, Chief Administrative Officer
Genevive Gosselin, Director Marketing
Sophie Argiriou, Vice Communications
LLB BCL, Executive Affairs
Glenn Chamandy, President, Chief Executive Officer, Director
Chuck Ward, President - Sales, Marketing and Distribution

Gildan Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Gildan Activewear a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.124
Dividend Share
0.801
Earnings Share
2.51
Revenue Per Share
19.316
Quarterly Revenue Growth
0.024
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.