The Financial Post reports in its Wednesday, April 24, edition that the former Goldman Sachs Group executive who is taking over as board chairman at Gildan Activewear called for an end to the shareholder rebellion that has left the clothing company's future in limbo. A Bloomberg dispatch to the Post reports that Tim Hodgson was announced as the new leader of Gildan's board on Monday. Mr. Hodgson says, "We need the egos and the drama-seekers to get away so we can get on with creating value." Gildan has been embroiled for months in a bitter fight with several of its largest investors over who should be in charge in the boardroom and the chief executive officer's suite. Mr. Hodgson will have to contend with investment firm Browning West, which is campaigning to install eight new directors and bring back long-time CEO Glenn Chamandy, who was fired in December after disagreements about the company's strategy. On Monday Gildan said seven out of its 12 directors will leave on their own. However, Browning West says it is continuing with its proxy fight and will try to elect its full slate of nominees to the board at a shareholder meeting next month. Browning West does not want Vince Tyra, who replaced Mr. Chamandy, to stay.