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Will Barington nominate directors for HanesBrands' upcoming shareholder meeting?

Barington's intentions regarding the nomination of its director candidates for Hanesbrands' upcoming shareholder meeting remain unclear. The nomination window is open from Oct. 17 through Nov. 16.

Does Hanesbrands have a relationship with Barington?

Hanesbrands indicated that its management team has been in communication with Barington for the last year, maintaining a commitment to continual rejuvenation and ensuring a balanced combination of skills and diversity. The company also conveyed its willingness to explore further avenues to enhance performance and generate value.

Will Barington Capital appoint a new CEO?

Barington Capital has acquired an undisclosed stake in Hanesbrands, known for its underwear and T-shirts. The firm is pressing the company to appoint new board members with expertise in apparel and manufacturing and is even considering the possibility of a new CEO, The Wall Street Journal reports.

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