The Globe and Mail reports in its Friday, Jan. 26, edition that former Gildan Activewear chief executive officer Glenn Chamandy has sold or given away about $1-billion of Gildan stock over the past 25 years, according to a Globe analysis of company documents and his trading records. The Globe's David Milstead writes that Mr. Chamandy has made more than $650-million from sales of Gildan stock and exercises of options at the company he co-founded. In addition, he gave eight million shares of Gildan to a family foundation in 2015 and to a trust to benefit his heirs -- stock that was worth $330-million at the time. The proceeds represent the fruits of Gildan's long-term performance: The stock is up nearly 8,000 per cent since its 1998 initial public offering. That shareholder return helps explain why a group of institutional investors are pushing to remove most of Gildan's board and bring Mr. Chamandy back to the company. Mr. Chamandy said in an e-mail: "My personal and family wealth and investment portfolio are substantial enough to require a full-time team of managers. This group oversees and manages all aspects of my holdings with the support and advice of esteemed legal and fiscal experts."