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Accendra Health CEO Edward Pesicka to retire by end of 2026

Accendra Health CEO Edward Pesicka to retire by end of 2026

Accendra Health, Inc. (NYSE:ACH) has announced that its President and Chief Executive Officer, Edward A. Pesicka, intends to retire by the conclusion of 2026, following a tenure of over seven years with the company. This decision, disclosed in a press release statement, also includes Pesicka's planned exit from the company’s Board of Directors prior to year-end. The board, already well aware of the succession planning process, will now undertake the task of identifying and appointing a successor to lead the organization.

Mark Beck, Chairman of the Board of Directors, commended Pesicka for stabilizing the company during his tenure, spearheading the expansion of personal protective equipment production during the COVID-19 pandemic, and steering the transformation of Accendra Health into a home-based care provider. The board expressed its appreciation for Pesicka’s dedication and leadership.

According to Pesicka, the choice to retire coincided with the completion of the divestiture of Owens & Minor, a balance sheet optimization transaction, and recent restructuring of the management structure. Despite his imminent retirement, Pesicka indicated his willingness to serve in an advisory capacity, if required, to facilitate a smooth transition. He expressed confidence in the upcoming transition and extended his gratitude to the board and employees.

The announcement was made on the same day Accendra Health scheduled a conference call for investors and analysts at 8:00 a.m. Eastern Time to discuss its second quarter 2026 financial results. Accendra Health is a provider of products, technology, and services for home-based care, operating under the Apria and Byram brands. The company caters to patients with a range of chronic health conditions, including diabetes, sleep disorders, wound care, respiratory issues, urology, and ostomy needs.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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