The Financial Post reports in its Tuesday, April 2, edition that Gildan Activewear's former chief executive officer said he has a strategy to nearly double the clothing maker's profit by 2028 if he returns to the job and that investors will be better off with him than selling the company to the highest bidder. A Bloomberg dispatch to the Post reports that Glenn Chamandy, who was fired in December after a bitter fight with board members over succession, said the Canadian company under his leadership would borrow more, accelerate stock buybacks and eschew large acquisitions. The goal is to quickly boost earnings per share and raise the stock price to $60 by the end of next year and more than $100 in about five years (all figures U.S.). It closed last week at $37.13. Browning West, which owns 5 per cent of the company, is leading the campaign to install new directors and bring the former CEO back. Investors holding about a third of Gildan's shares have publicly said they want him reinstated. That would appear to give Browning West and Mr. Chamandy a strong chance of prevailing at a shareholder vote scheduled for May 28. Board members, however, are fighting back and have put the company in play.