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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
August 10, 2026
Accendra
Health, Inc.
(Exact name of registrant as specified in its charter)
Virginia |
|
001-09810 |
|
54-1701843 |
(State
or other jurisdiction of
incorporation or organization) |
|
(Commission
File Number) |
|
(I.R.S.
Employer Identification No.) |
4435
Waterfront Drive, Suite 300,
Glen Allen, Virginia |
|
23060 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
(804) 277-4304
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of
the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Common Stock, $2 par value per share |
|
ACH |
|
New York Stock Exchange |
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
| ¨ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.02 | Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 10, 2026,
Accendra Health, Inc. (the “Company”) announced that Edward A. Pesicka, President, Chief Executive Officer &
Director of the Company, notified the board of directors (the “Board”) of the Company of his intention to retire and step
down from the Board by the end of 2026, or such earlier time as a successor is appointed. Mr. Pesicka’s decision to retire
is not the result of any disagreement with the Company regarding any matter relating to the Company’s operations, policies or practices.
The Board has commenced a process to evaluate and select the candidate to succeed Mr. Pesicka.
| Item 7.01 | Regulation FD Disclosure. |
On August 10, 2026,
the Company issued a press release announcing Mr. Pesicka’s intent to retire.
The Company is furnishing
the press release attached hereto as Exhibit 99.1 pursuant to Item 7.01 of Form 8-K. In accordance with General Instruction
B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for
the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section,
nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly
set forth by specific reference in such a filing.
| Item 9.01 | Financial
Statements and Exhibits. |
(d) Exhibits.
Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release dated August 10, 2026 |
| |
|
|
| 104 |
|
Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
ACCENDRA
HEALTH, INC. |
| |
|
| August 10, 2026 |
/s/
Jonathan A. Leon |
| |
Jonathan
A. Leon |
| |
Executive
Vice President and Chief Financial Officer |
Exhibit 99.1
Accendra
Health’s Ed Pesicka Announces Intent to Retire; Board of Directors Has Begun Successor Search
RICHMOND,
VA – August 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.
“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.
CONTACT:
Investors
Will
Parrish
Vice
President, Strategy, Corporate Development, & Investor Relations
Investor.Relations@accendra.com
Media
Darla
Turner
media@accendra.com
ACH-CORP
ACH-IR
SOURCE:
Accendra Health, Inc.