One of home health care’s biggest public battles continues, as an outside advisory firm made its recommendations regarding the future of the Enhabit Inc. (NYSE: EHAB) board. Institutional Shareholder Services (ISS) – an independent proxy advisory firm – recommended that shareholders vote for three of AREX Capital’s nominees: Anna-Gene O’Neal, Mark W. Ohlendorf and Dr. Gregory S. Sheff. ISS sided with Arex Capital’s assertion that Enhabit’s current board needed more home health and hospice experience. It also argued that the company’s board needed more public company financial reporting experience.
Read the full article: Enhabit’s Board Battle Continues, Advisory Firm Partially Sides with Activist Investor //
Source: https://homehealthcarenews.com/2024/07/enhabits-board-battle-continues-advisory-firm-partially-sides-with-activist-investor/