The Globe and Mail reports in its Thursday, June 25, edition that Dye & Durham has ousted its chief executive officer following board changes that placed former chairman Tyler Proud in charge. The Globe's Sean Silcoff writes that this decision came two weeks after outgoing chairman Alan Hibben deemed Matt Proud's brother unfit to lead, adding to the ongoing turmoil at the company. D & D said Tuesday that CEO George Tsivin was "no longer serving as CEO and would be replaced on an interim basis by a board committee chaired by Tyler Proud. Tyler Proud was D&D chairman before it went public in mid-2020. His private holding company OneMove Capital controls about 8 per cent of the stock. He was among shareholders growing discontented with the company's governance and his brother Matt's leadership after a debt-fueled acquisition spree. They backed an activist campaign by Engine Capital in 2024, resulting in Matt Proud's exit and a board overhaul. Tyler Proud also played a role in hiring Mr. Tsivin. But the Engine board failed to deliver quick changes as promised, the results disappointed and the company was hit with a cease trading order after it was late in filing audited financial statements last year.