AREX Capital Announces Director Appointment to Enhabit Board (EHAB)

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AREX Capital Announces Director Appointment to Enhabit Board

July 29, 2024 9:00 AM EDT

Leading Proxy Advisors and Stockholders Supported Mandate for Change

NEW YORK--(BUSINESS WIRE)-- AREX Capital Management, LP (together with its affiliates, AREX), the beneficial owner of approximately 4.9% of the outstanding common shares of Enhabit, Inc. (NYSE: EHAB) (Enhabit or the Company), today commented on the outcome of Enhabits 2024 Annual Meeting of Stockholders (the Annual Meeting), in which stockholders elected Mark W. Ohlendorf to the Companys board of directors (the Board).

AREX Managing Partner, Andrew Rechtschaffen, and Partner, James T. Corcoran, commented:

We are pleased that stockholders have... More