The Financial Post reports in its Tuesday, April 23, edition that Canadian clothing manufacturer Gildan Activewear said several directors will leave within days and a former Goldman Sachs Group executive will become chairman, a last-ditch effort by the board to convince investors not to support the plans of a activist shareholder Browning West. A Bloomberg dispatch to the Post reports that Tim Hodgson, the former head of Goldman's Canadian unit, is to become chairman on May 1, replacing Donald Berg, who is one of five directors planning to leave on that date. The company said its strategic review is still active and it is listening to potential offers, but it does not expect to announce anything soon. Gildan's board has been fighting a months-long battle with investment firm Browning West, which wants to install eight new directors, drop new chief executive officer Vince Tyra and bring back former chief executive officer Glenn Chamandy.