Matt Proud

Matt Proud

executive Canada

Matt Proud is the former CEO of Dye & Durham Ltd., who stepped down following an activist investor campaign that criticized the company's financial performance. Despite receiving a substantial severance package, he continues to advocate for changes at the company, including a potential sale, highlighting ongoing concerns regarding its governance and operational stability.

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Recent Mentions

Canada Canada: Former CEO Matt Proud withdrew his offer to buy D&D for $10.25 a share. 3

The Globe and Mail: Clock ticking on potential Dye & Durham default after continued filing delays

Canada Canada: Matt Proud withdrew his offer to buy the real estate software vendor Dye & Durham. 4

The Globe and Mail: Dye & Durham stock crashes to new low after ex-CEO Matt Proud pulls takeover bid

Canada Canada: Matt Proud left last December in the latter stages of a campaign led by Engine Capital LP to overhaul the board. 4

The Globe and Mail: Dye & Durham stock hits record low after credit agency downgrades

Canada Canada: Matt Proud is now a formidable shareholder gadfly himself and has become an activist shareholder to be reckoned with. 8

The Globe and Mail: Once targeted by activist investors, Matt Proud is now a formidable shareholder gadfly himself