Business
Dye & Durham Unveils Board Changes and Finalizes Slate Following Agreement with OneMove Capital
Dye & Durham Unveils Board Changes and Finalizes Slate Following Agreement with OneMove Capit...
About this update from Dye & Durham Ltd.
[{"type":"text","content":"\n\n\nDye & Durham Unveils Board Changes and Finalizes Slate Following Agreement with OneMove Capital\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\nDye & Durham Unveils Board Changes and Finalizes Slate Following Agreement with OneMove Capital\nCanada NewsWire\n\n\nTORONTO, Dec. 5, 2025 /CNW/ - Dye & Durham Limited (\"Dye & Durham\" or the \"Company\") (TSX: DND), a leading provider of cloud-based legal-practice-management software, today announced changes to its Board of Directors (\"Board\") and its proposed slate for election at the Company's upcoming Annual General and Special Meeting of Shareholders (\"AGM\") scheduled for December 31, 2025.\nThe Company has also entered into a Settlement Agreement (\"Agreement\") with OneMove Capital Ltd. (\"OneMove\") and its CEO Tyler Proud. Under the Agreement, OneMove and Mr. Proud will vote in favour of the Company's full slate at the 2025 AGM. The Agreement includes customary standstill provisions and reflects a constructive alignment on the path forward. As part of this Agreement, the Company will implement immediate Board changes, including the addition of two new directors.\n\"The Board appreciates the dedication and judgment our departing directors have brought during a challenging period of transition,\" said Alan Hibben, Chair of the Board. \"Today's outcome reflects a constructive path forward and positions the Company with a refreshed Board that brings the capabilities needed for the next phase. This is the right step for Dye & Durham and its shareholders.\"\nBoard Changes\nAs part of the Agreement, the following changes will be implemented immediately:\nAnthony Kinnear will step down from the Board and will be replaced by Edward Smith.Edward Smith will assume the role of Chair of the Board.Wendy Cheah will be appointed as OneMove's Nominee.Allen Taylor will join as a Board observer until elected to the Board.The following changes will be implemented at the AGM:\nDavid Giannetto and Allen Taylor will join the Company's nominee slate for election at the AGM.Hans ...