HanesBrands (NYSE: HBI) has appointed Sharilyn Gasaway to its board of directors, bringing her extensive financial leadership experience to the company. Gasaway, a licensed CPA with a background in driving positive change and executing strategic growth initiatives, is expected to play a critical role as the company focuses on debt reduction, consistent growth, and cash flow generation.
Gasaway's appointment comes as HanesBrands aims to position its business for optimal financial performance and shareholder value. Her expertise in strategic transformation and financial acumen aligns with the company's goals of accelerating growth and strengthening its global iconic brands.
HanesBrands, known for its everyday apparel that emphasizes comfort, quality, and value, is home to iconic brands such as Hanes, Champion, Bonds, Maidenform, and Bali. With a workforce of 48,000 associates across approximately 30 countries, the company has set aggressive 2030 goals to improve people's lives, protect the planet, and produce sustainable products.
The company's long-term sustainability goals and ethical business practices have established a strong reputation for workplace quality. HanesBrands is committed to unlocking its full potential and delivering long-term growth that benefits all stakeholders.
As HanesBrands welcomes Gasaway to its board of directors, her appointment reflects the company's dedication to leveraging expertise and experience to drive continued success and growth. Today the company's shares have moved 1.7% to a price of $4.74. If you want to know more, read the company's complete 8-K report here.
