- Transformation Committee concluded
- Angela Zhang appointed as new Chair of the Board
- Todd Schulte appointed as interim CEO
TORONTO, Aug. 31, 2026 /CNW/ — Dye & Durham Limited (the “Company” or “Dye & Durham”) (TSX: DND), a leading provider of cloud-based legal practice management software, today announced the appointment of Todd Schulte as interim Chief Executive Officer and provided an update on other governance matters.
Leadership and Governance Update
Mr. Schulte has been appointed as the Company’s interim CEO effective immediately, while the Board search for a permanent CEO remains ongoing. Mr. Schulte most recently served as Dye & Durham’s Chief Operating Officer and brings more than 30 years of experience helping multi-product organizations simplify operations, drive efficiencies, improve consistency and deliver stronger customer outcomes.
The Transformation Committee, chaired by Tyler Proud, was established to hold the duties and responsibilities of the Office of the CEO on an interim basis while the Board advanced its search for permanent leadership. With Mr. Schulte’s appointment, the management responsibilities transfer to him and the Committee has been dissolved. The Board’s search for a permanent Chief Executive Officer continues.
Mary Filippelli, who served as Chair of the Board and as a member of the Transformation Committee, has stepped down from the Board. Angela Zhang, an existing director and member of the Transformation Committee, has been appointed Chair of the Board.
“Today’s appointment and the governance actions being announced today are an important step toward the stability and focused leadership this Company needs,” Ms. Zhang said. “The Board remains confident that with consistent execution across our product portfolio and markets, Dye & Durham can deliver meaningful value for all of its shareholders.”
Mr. Schulte said: “We have made substantial progress in a short period of time, and my focus will be on maintaining that pace, continuing to simplify the business, accelerating the use of AI and technology, and delivering stronger outcomes for our customers and shareholders.”
The Board thanks Ms. Filippelli for her significant contributions to the Company, and Mr. Proud for his work as Chair of the Transformation Committee.
ABOUT DYE & DURHAM LIMITED
Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, Australia, and South Africa.
Additional information can be found at www.dyedurham.com.
Forward-looking Statements
This press release may contain forward-looking information and forward-looking statements within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events. All information that is not clearly historical in nature may constitute forward-looking statements.
Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking information is based on a number of assumptions, including that the Company’s audited financial results will be in line with the preliminary unaudited financial results, and is subject to a number of risks and uncertainties, many of which are beyond Dye & Durham’s control, which could cause actual results and events to differ materially from those disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the risk that the Company’s operations are impacted in a manner that requires it to increase its costs, such that it does not achieve its Cost Reduction Plan, and the risk factors discussed in the Company’s most recent annual information form and Management’s Discussion and Analysis, available under Dye & Durham’s profile on SEDAR+ at www.sedarplus.ca.
The forward-looking information in this press release represents Dye & Durham’s expectations as of the date specified herein and is subject to change after that date. The Company disclaims any obligation to update or revise any forward-looking information, except as required under applicable securities laws.
SOURCE Dye & Durham Limited
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