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Proud, who was previously a chief strategy officer and chair of the Toronto-based legaltech company, is returning to the board less than six months after agreeing to a truce with Dye & Durham in a battle over the firm’s board governance. (The Logic)
Talking point: At least three different activist investors have been fighting for more influence over Dye & Durham’s governance over the past two years: OneMove, where Tyler Proud is CEO; Plantro, which is led by Tyler’s brother Matt Proud, a former Dye & Durham CEO; and New York-based Engine Capital. Tyler Proud’s return maintains OneMove’s power on the board after the resignation of Edward Smith, one of OneMove’s slate of proposed directors last year. But Proud will not be reinstated as chair. That role will go to Mary Filippelli, who was also elected to the board of Sylogist this month after OneMove’s activist campaign at that company.
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