Dye & Durham Appoints Interim Chief Executive, New Board Chair

01:50 PM EDT, 08/31/2026 (MT Newswires) -- Dye & Durham (DND.TO) said Monday that it appointed chief operating officer Todd Schulte as interim chief executive officer. The company had established a transformation committee, chaired by Tyler Proud, which was tasked with outlining the duties of the office of the chief executive. It has now been dissolved with Schulte's appointment, a statement said. The search for a permanent chief executive officer continues. Mary Filippelli, who served as board chair and a member of the transformation committee, has stepped down. Angela Zhang, a director and member of the same committee, has been appointed board chair. "Today's appointment and the governance actions being announced today are an important step toward the stability and focused leadership this Company needs," 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." Dye & Durham shares were last seen up C$0.04 at C$0.72 on the Toronto Stock Exchange. This was near the prior session's record low of C$0.68. Price: 0.73, Change: +0.05, Percent Change: +7.35