Dye & Durham Governance: Board Changes, Activist Campaigns and Strategic Conflict
The governance hub organizing board turnover, CEO turnover, CFO turnover, activist campaigns, cooperation agreements, settlement agreements, the rights plan and the strategic review.
The governance picture
Dye & Durham's governance during 2025–2026 was marked by repeated leadership and board changes, two activist campaigns (Plantro and Ronnie Wahi), a strategic review and formal sale process, a shareholder rights plan, a disclosed legal dispute, and an August 2026 leadership reset. The pages below document each strand.
Board turnover
Director appointments, resignations, activist nominees and the August 2026 chair appointment.
CEO turnover
The 2025–2026 CEO timeline, from Matthew Proud to Todd Schulte (interim).
CFO turnover
CFO changes including Steve Waszak's interim appointment in May 2026.
Activist campaigns
Plantro, Matthew Proud, Ronnie Wahi and the calls for a sale.
Cooperation & settlement agreements
Agreements with activists and the disclosed legal dispute.
Shareholder rights plan
The rights plan adopted during the strategic review.
Strategic review
The review of alternatives and the formal sale process.
August 2026 reset
Transformation Committee concluded; new chair and interim CEO.