Global apparel group HanesBrands has signed on Sharilyn Gasaway to the company’s board of directors.
Gasaway’s term runs through the 2025 annual meeting of stockholders and she will serve on the audit committee.
HanesBrands is the parent company to Australia-born underwear business Bonds, as well as American streetwear brand Champion and a host of other subsidiaries.
Gasaway brings experience from her time at Alltel Corporation where she was executive vice president and chief financial officer, and for several years served as controller. She was part of an executive team that spearheaded the company into the largest private equity buyout in the telecom industry at $32 billion and transitioned the wireless communications company through a merger with Verizon.
Gasaway is currently a board director at Genesis Energy and JB Hunt Transport Services Inc. She has also served on the board of directors for Waddell and Reed Financial Inc.
“Sharilyn will play a critical role as we focus on accelerating debt reduction, consistent growth, and cash flow generation,” HanesBrands CEO Steve Bratspies said. “Sharilyn’s strategic transformation capabilities will strengthen our efforts as we position our business on the optimal path for financial performance and shareholder value.”
Board chairman Bill Simon said Gasaway’s leadership experience and background in executing strategic growth initiatives adds another level to the board.
“Sharilyn is a valuable addition to a group of directors who are passionate about elevating our global iconic brands and positioning HanesBrands for long-term success.”
HanesBrands employs 48,000 associates in approximately 30 countries.