Mr Kehoe leaves the company to join Kraft Foods Group, an American grocery manufacturing and processing conglomerate, as an EVP and a CFO. The opportunity at Kraft arose as a result of organizational changes announced by Kraft last week.

James Kehoe

Mr. Kehoe has held senior roles in finance and operations over the course of an approximate 25-year career at Kraft.

“I am impressed with the professionalism of Gildan’s finance team and remain convinced of the strategic growth opportunities in front of Gildan. However, while the timing of this change is not ideal, the opportunity with Kraft is something I could not pass up given my extensive history with the company and its people,” he commented.

Laurence G. Sellyn, who held the position of EVP, CFO and CAO of Gildan prior to Mr Kehoe’s appointment, will resume his former responsibilities while the company starts  its search again to find a successor.

Quality branded apparel

Gildan is a leading supplier of quality branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear.

The company sells its products under a diversified portfolio of company owned brands, including the Gildan, Gold Toe and Anvil brands and brand extensions, as well as the recently acquired Secret, Silks and Therapy Plus brands.

Distribution and operations

The company distributes its products in printwear markets in the US and Canada, as well as in Europe, Asia Pacific and Latin America. It also markets its products to a broad spectrum of retailers in the US and Canada.

Gildan owns and operates vertically-integrated, large-scale manufacturing facilities which are primarily located in Central America and the Caribbean Basin to efficiently service the replenishment needs of its customers in the printwear and retail markets.

www.gildan.com