10:48 AM EST, 11/26/2024 (MT Newswires) -- Dye & Durham ( DYNDF ) was at last look up 11% and had hit fresh 52 week highs Tuesday amid news that Matthew Proud will step down as CEO.

Proud will remain in his role for approximately three months or until the board finds a successor. The company said "a comprehensive CEO selection process will be initiated to identify a successor."

Under Proud's leadership, Tuesday's statement noted, the company has grown from a small regional single product company with an enterprise value of approximately $4 million, to a global legal technology leader worth over $2.56 billion in enterprise value.

Price: 20.70, Change: +2.20, Percent Change: +11.89