Former Cano Directors Call for Shareholders to Withhold Support for Board Members

Cano Health

A group of former Miami-based Cano Health directors have urged shareholders to vote against some current board members and allow for nominations of other people.

“There is significant value trapped within Cano’s languishing shares,” the group said in an SEC filing. 

The annual shareholder meeting is set for June 15.

Elliot Cooperstone, Lewis Gold, MD, and Barry Sternlicht, who together hold about 35 percent of Cano Health stock, have also recently called for the removal of Cano Health’s CEO, Marlow Hernandez, DO, given ethics concerns and what they say is damaging leadership performance, Becker’s reports. Read more.

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