AREX Capital Urges Fellow Stockholders to Support Meaningful Change at Enhabit at the Upcoming Annual Meeting
AREX Capital Management, LP, owning 4.9% of Enhabit, Inc. (NYSE: EHAB) shares, has issued an open letter urging fellow stockholders to support change at the upcoming Annual Meeting on July 25, 2024. AREX emphasizes that two leading proxy advisory firms have recommended stockholders support board changes. The investment firm criticizes Enhabit's historical excuses for poor performance and empty promises, highlighting the opportunity to add industry-specific expertise to the board.
AREX encourages stockholders to vote for all seven of its nominees on the WHITE Proxy Card, believing this will ensure Enhabit has a board with the right experience to oversee management and drive operational improvements. Stockholders can visit www.rehabEHAB.com for additional information and to download AREX's comprehensive turnaround plan presentation.
AREX Capital Management, LP, che possiede il 4,9% delle azioni di Enhabit, Inc. (NYSE: EHAB), ha inviato una lettera aperta esortando gli azionisti a sostenere il cambiamento durante l'Assemblea Annuale in programma il 25 luglio 2024. AREX sottolinea che due importanti società di consulenza per proxy hanno raccomandato agli azionisti di appoggiare i cambiamenti nel consiglio di amministrazione. La società di investimento critica le giustificazioni storiche di Enhabit per la scarsa performance e le promesse vuote, evidenziando l'opportunità di aggiungere competenze specifiche del settore al consiglio.
AREX incoraggia gli azionisti a votare per tutti e sette i suoi candidati sulla Scheda Proxy BIANCA, credendo che ciò garantirà a Enhabit un consiglio con l'esperienza adeguata per sovrintendere alla gestione e guidare i miglioramenti operativi. Gli azionisti possono visitare www.rehabEHAB.com per ulteriori informazioni e per scaricare la presentazione del piano di rilancio completo di AREX.
AREX Capital Management, LP, que posee el 4.9% de las acciones de Enhabit, Inc. (NYSE: EHAB), ha emitido una carta abierta instando a los demás accionistas a apoyar el cambio en la próxima Junta Anual el 25 de julio de 2024. AREX enfatiza que dos importantes firmas de asesoría de proxy han recomendado a los accionistas que apoyen los cambios en la junta. La firma de inversión critica las excusas históricas de Enhabit por su bajo desempeño y sus promesas vacías, destacando la oportunidad de agregar experiencia específica de la industria a la junta.
AREX anima a los accionistas a votar por los siete candidatos en la Tarjeta de Proxy BLANCA, creyendo que esto asegurará que Enhabit tenga una junta con la experiencia adecuada para supervisar la gestión y llevar a cabo mejoras operativas. Los accionistas pueden visitar www.rehabEHAB.com para obtener información adicional y descargar la presentación del plan integral de recuperación de AREX.
AREX Capital Management, LP는 Enhabit, Inc. (NYSE: EHAB)의 주식 중 4.9%를 소유하며, 오는 2024년 7월 25일 Annual Meeting에서 변화에 지지해 줄 것을 재무 주주들에게 촉구하는 공개 서한을 발송했습니다. AREX는 두 개의 주요 주식 자문 회사가 주주들에게 이사회 변화를 지지할 것을 권장했다고 강조합니다. 투자 회사는 Enhabit의 저조한 실적에 대한 역사적 변명과 공허한 약속을 비판하며, 이사회에 산업 전문성을 추가할 기회를 강조합니다.
AREX는 주주들에게 WHITE Proxy Card에서 모든 일곱 후보자에게 투표할 것을 권장하며, 이는 Enhabit가 관리 감독과 운영 개선을 위한 적합한 경험을 가진 이사회를 갖추도록 보장할 것이라고 믿고 있습니다. 주주들은 www.rehabEHAB.com을 방문하여 추가 정보를 얻고 AREX의 포괄적인 턴어라운드 계획 발표자료를 다운로드할 수 있습니다.
AREX Capital Management, LP, qui possède 4,9 % des actions d'Enhabit, Inc. (NYSE: EHAB), a publié une lettre ouverte incitant ses actionnaires à soutenir le changement lors de la prochaine Assemblée Annuelle le 25 juillet 2024. AREX souligne que deux grandes sociétés de conseil en proxy ont recommandé aux actionnaires de soutenir les changements au sein du conseil d'administration. La société d'investissement critique les excuses historiques d'Enhabit pour sa mauvaise performance et ses promesses non tenues, mettant en avant l'opportunité d'ajouter une expertise spécifique au secteur au conseil.
AREX encourage les actionnaires à voter pour tous ses sept candidats sur la Carte de procuration BLANCHE, convaincu que cela garantira à Enhabit un conseil composé des bonnes compétences pour superviser la direction et impulser des améliorations opérationnelles. Les actionnaires peuvent visiter www.rehabEHAB.com pour obtenir plus d'informations et télécharger la présentation détaillée du plan de redressement d'AREX.
AREX Capital Management, LP, das 4,9% der Aktien von Enhabit, Inc. (NYSE: EHAB) besitzt, hat einen offenen Brief veröffentlicht, in dem es die Aktionäre auffordert, Veränderungen auf der bevorstehenden Hauptversammlung am 25. Juli 2024 zu unterstützen. AREX betont, dass zwei führende Proxy-Beratungsgesellschaften den Aktionären empfohlen haben, die Veränderungen im Vorstand zu unterstützen. Die Investmentgesellschaft kritisiert die historischen Ausreden von Enhabit für die schlechte Leistung und leere Versprechungen und hebt die Möglichkeit hervor, branchenspezifische Expertise in den Vorstand einzubringen.
AREX ermutigt die Aktionäre, für alle sieben seiner Kandidaten auf der WEISSEN Proxy-Karte zu stimmen, da dies sicherstellen wird, dass Enhabit einen Vorstand mit der richtigen Erfahrung hat, um das Management zu überwachen und betriebliche Verbesserungen voranzutreiben. Aktionäre können www.rehabEHAB.com besuchen, um weitere Informationen zu erhalten und die umfassende Präsentation des Umstrukturierungsplans von AREX herunterzuladen.
- Two leading proxy advisory firms recommend stockholders support board changes
- AREX proposes adding industry-specific expertise to Enhabit's board
- AREX presents a comprehensive plan to turn around Enhabit's operational performance
- AREX criticizes Enhabit's historical poor performance
- AREX accuses Enhabit of making excuses and empty promises
Reiterates that Two Leading Proxy Advisory Firms Have Recommended Stockholders Support Meaningful Change to Enhabit’s Board
Reminds Stockholders that Enhabit Has Historically Made Excuses for Poor Performance and Empty Promises
Underscores Opportunity Stockholders Have to Add Industry-Specific Expertise to Enhabit’s Board at the Annual Meeting on July 25th
The full text of the letter can be found here: AREX Letter to Enhabit Stockholders.
AREX encourages stockholders to vote for all seven of its highly qualified nominees on the WHITE Proxy Card at the upcoming 2024 Annual Meeting of Stockholders on July 25, 2024. AREX believes this will ensure that Enhabit has a board of directors with the right experience and skills to effectively oversee management and help them drive operational improvements that can lead to significant value creation for stockholders.
Stockholders are encouraged to visit www.rehabEHAB.com for additional information and to download the presentation detailing the AREX Slate’s comprehensive plan to turn around Enhabit’s operational performance: Rehabilitate Enhabit.
About AREX
AREX Capital Management, LP is a value-oriented investment firm based in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240722079840/en/
Investor Contact
Saratoga Proxy Consulting
John Ferguson
(212) 257-1311
rehabEHAB@saratogaproxy.com
Media Contact
Longacre Square Partners
Charlotte Kiaie / Bela Kirpalani
(646) 386-0091
rehabEHAB@longacresquare.com
Source: AREX Capital Management, LP
FAQ
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