BKD
Published on 07/01/2025 at 10:05
On July 1, 2025, Ortelius Advisors, L.P. announced that independent proxy advisory firm, Egan-Jones Ratings Company has recommended stockholders to vote for the election of all 6 Ortelius nominees to the Brookdale Senior Living Inc Board of Directors at the upcoming 2025 Annual Meeting of Stockholders which builds on supportive commentary already published by Institutional Shareholder Services Inc. (ISS) regarding Ortelius? campaign for change at Brookdale. Peter DeSorcy, Managing Member of Ortelius stated that Egan-jones recognized that Ortelius?
nominees are uniquely capable to effectively execute a meaningful turnaround and unlock long-term value for stockholders and recommended stockholders vote for all 6 Ortelius nominees due to the continued financial underperformance and significant concerns about the Company?s poor strategy and execution. Ortelius urged stockholders to vote for all 6 of its nominees on the white proxy card.