Owens & Minor to freeze exec plan and rebrand as Accendra Health
Owens & Minor, Inc. reports two key corporate actions.
Rhea-AI Filing Summary
Owens & Minor, Inc. reports two key corporate actions. The board approved an amendment to the Owens & Minor Executive Deferred Compensation and Retirement Plan that will freeze participation and all contributions for all participants, effective January 1, 2026. This means executives already in the plan will not be able to make additional deferrals under this program after that date.
The company also plans a rebrand. It announced that it will change its name to Accendra Health, Inc. and that its New York Stock Exchange ticker symbol will change from “OMI” to “ACH.” The name change is anticipated to be effective on or about December 31, 2025, with trading under the new name and ticker expected to begin on or about January 2, 2026.
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Insights
Owens & Minor freezes an executive plan and prepares a full rebrand.
The board approved an amendment to the Executive Deferred Compensation and Retirement Plan that freezes participation and all contributions for all participants effective January 1, 2026. This focuses future executive compensation and retirement benefits away from this specific deferred compensation vehicle.
Separately, the company plans to change its corporate name to Accendra Health, Inc. and its NYSE ticker from “OMI” to “ACH,” with effectiveness anticipated around December 31, 2025 and trading under the new symbol around January 2, 2026. The filing links these changes to a press release furnished as an exhibit, and subsequent disclosures may elaborate on brand and communication implications.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive compensation change did Owens & Minor (OMI) disclose?
When will the Owens & Minor executive deferred compensation plan freeze take effect?
Is Owens & Minor changing its corporate name and stock ticker?
When is the Owens & Minor to Accendra Health name change expected to become effective?
On what date is trading under the new ACH ticker expected to begin?
Where can investors find more details on these Owens & Minor changes?
AI-generated analysis. How Rhea-AI works. Not financial advice.