Accendra Health’s Ed Pesicka Announces Intent to Retire; Board of Directors Has Begun Successor Search

RICHMOND, Va.--(BUSINESS WIRE)--Aug 10, 2026--

Accendra Health, Inc. (NYSE: ACH) (the Company) today announced that President and Chief Executive Officer Edward A. Pesicka has informed the Board of Directors of his plan to retire by the end of 2026, after more than seven years with the Company. Mr. Pesicka will also retire from the Company’s Board of Directors before the end of the year. The Board of Directors maintains a long-standing, robust succession planning process established to address officer succession. Through that process, the Board has previously identified potential candidates with the capabilities to succeed Mr. Pesicka. With Mr. Pesicka’s decision and announcement, the Board will leverage that preparation to comprehensively evaluate and select the Company’s next President and CEO. Mr. Pesicka may serve in an advisory capacity beyond his planned retirement date to help ensure a smooth and successful transition.

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“Ed Pesicka has faithfully served our customers, teammates, and shareholders for nearly eight years,” commented Mark Beck, Chair of the Company’s Board of Directors. Mr. Beck continued, “Upon arrival, Ed quickly stabilized the Company and then had to quickly pivot to lead the Company through a rapid expansion of personal protective equipment production during the pandemic in support of patients and caregivers, and he then guided our transformation into Accendra Health, a pure play home-based care company. Throughout his tenure, Ed strengthened our culture and built a great team, leaving a lasting legacy. On behalf of the Board of Directors, I want to express our most sincere gratitude to Ed for his commitment, significant contributions, and steady leadership. We wish him health and happiness in retirement.”

Mr. Pesicka commented, “The decision to retire is never easy, and there is never an ideal time. Having completed the divestiture of Owens & Minor, the balance sheet optimization transaction, and, most recently, changes to our management structure across the business, this is the best time to begin my next chapter. Through the continued leadership of our Board of Directors and the executive team, I am confident that this transition will be smooth, and I have no doubt that Accendra Health’s future is extremely bright. I want to thank the Board for their guidance, partnership, and trust over the last several years, and, most importantly, I want to thank every Accendra Health teammate for their dedication and hard work. I have been extremely proud to be part of the team.”

August 10 Investor Conference Call for Second Quarter 2026 Financial Results

As previously announced, Accendra Health will host a conference call for investors and analysts on August 10, 2026, at 8:00 a.m. E.T. Participants may access the call via the toll-free dial-in number at 1-888-300-2035, or the toll dial-in number at 1-646-517-7437. The conference ID access code is 1058917. All interested stakeholders are encouraged to access the simultaneous live webcast by visiting the Investor Relations page of the Accendra Health website available at investors.accendrahealth.com/events-and-presentations/. A replay of the webcast can be accessed following the presentation at the link provided above.

Safe Harbor

This release is intended to be disclosure through methods reasonably designed to provide broad, non-exclusionary distribution to the public in compliance with the SEC’s Fair Disclosure Regulation. This release contains certain “forward looking” statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, the statements in this release regarding our future prospects and performance, including our expectations with respect to our financial performance, our 2026 financial results, our expectations regarding the performance of our business following the completion of the sale of the Products & Healthcare Services business, uncertainty about the time required to select and appoint the Company’s next President and CEO, our cost saving initiatives, future indebtedness and growth, industry trends, as well as statements related to our expectations regarding the performance of our business, including our ability to address macro and market conditions. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results in future periods to differ materially from those projected or contemplated in the forward-looking statements. Investors should refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 20, 2026, including the section captioned “Item 1A. Risk Factors,” as applicable, and subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with or furnished to the SEC, for a discussion of certain known risk factors that could cause the Company’s actual results to differ materially from its current estimates. These filings are available at www.accendrahealth.com. Given these risks and uncertainties, the Company can give no assurance that any forward-looking statements will, in fact, transpire and, therefore, cautions investors not to place undue reliance on them. The Company specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

About Accendra Health

Accendra Health, Inc. (NYSE: ACH) is a leading nationwide provider of products, technology, and services that support health beyond the hospital for millions of people each year. We connect patients, providers, and insurers, delivering innovative solutions that help promote better health outcomes and improve quality of life for people living with chronic, complex health conditions. Backed by the industry-leading expertise of our Apria and Byram brands, Accendra Health is reimagining the future of home-based care. To learn more about our broad portfolio of essentials for diabetes, sleep health, wound care, respiratory care, urology, and ostomy, visit www.accendrahealth.com.

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Ed Pesicka

UEFA, CONCACAF and the AFC believe that FIFA president Gianni Infantino's recent plan to sell an interest in the World Cup was a “fundamental breach of trust” with the institutions world soccer's governing body serves.

In an “open letter to the football family” revealed on Monday, UEFA, CONCACAF and the AFC also said that “when trust is broken through deception, when an individual places himself above the collective that entrusted him with authority, that duty has been abandoned.”

UEFA runs soccer in Europe, CONCACAF does the same for North, Central America and the Caribbean, while the AFC governs the sport in Asia.

The letter was co-signed by UEFA president Aleksander Čeferin, AFC president Salman Bin Ibrahim Al-Khalifa, CONCACAF president Victor Montagliani and three general secretaries.

“Football is the world’s greatest shared passion. It belongs to no individual and no institution. It belongs to the players, the fans, the clubs, the member associations and every institution entrusted with safeguarding its future,” the open letter said. “It is in that spirit, as confederations representing its members, that we speak collectively today.”

Infantino is facing a revolt after his failed plan to sell stakes in the World Cup to private equity investors.

“It is not the conduct of a custodian of the game, but of one who believes the game is answerable to him,” the letter said. “These are not the qualities football deserves in its leadership. That is why we have taken this stance: not lightly and not alone, but together, and out of duty to the game we serve.”

UEFA previously issued a threat to boycott the World Cup and other FIFA competitions despite the governing body abandoning and apologizing for its failed plan.

Norway’s soccer federation called for Infantino to step down, while the English Football Association has also withdrawn its support for Infantino’s re-election next March.

“Football’s strength has always been its unity. We call for that unity to be honoured now,” the letter said. “For leadership that serves football, not seeks to command it.”

Last Wednesday, FIFA said it had apologized for errors made over the failed plan but that senior staff at a crisis meeting in Morocco “reaffirmed their full support” for his presidency.

However, the nature of the meeting was also met with criticism.

“FIFA’s own letter also confirms that only one elected official was present at the leadership meeting in Morocco,” the open letter said. “No FIFA Council members or Member Associations were invited to participate. Only the management committee, composed of FIFA-employed senior staff, was present.”

FIFA was also urged to go further than just acknowledging mistakes were made.

“It treats this as a failure of communication, when what football witnessed was a failure of judgment,” the letter said. “There remains no recognition that attempting to sell an interest in the FIFA World Cup was a profound failure of judgment — not just a procedural misstep, but a fundamental breach of trust with the very institutions FIFA exists to serve.”

In a statement Saturday, FIFA defended Infantino against what it called a “concerted and ongoing effort” to undermine his leadership of the organization.

That statement followed a report by British newspaper The Daily Telegraph raising questions about an exit package paid by UEFA to a female staffer who worked with Infantino when he was general secretary of European soccer's ruling body.

UEFA confirmed that a “departure payment” was made to the employee and said it was “in line” with regulations at the time.

Infantino worked at UEFA for 16 years before being elected FIFA president.

AP soccer: https://apnews.com/hub/soccer

FIFA President Gianni Infantino arrives for the inauguration of President Abelardo de la Espriella in Cali, Colombia, Friday, Aug. 7, 2026. (AP Photo/Matias Delacroix)