On June 20, 2023, Elliot Cooperstone, Lewis Gold, and Barry Sternlicht issued a response to Cano Health, Inc.’s post-market announcement. In their response, Elliot Cooperstone, Lewis Gold, and Barry Sternlicht stated that while they are pleased their campaign for leadership change at the company brought about the long-overdue resignation of Marlow Hernandez as CEO, it is only the first step towards unlocking significant value for all stakeholders. Elliot Cooperstone, Lewis Gold, and Barry Sternlicht added that they have viewed Mark Kent as an ideal replacement for Marlow Hernandez since he joined the Company earlier this year.

Elliot Cooperstone stated that disappointed by the Board’s refusal to accept stockholders’ clear mandate for change delivered at the 2023 annual meeting with more than 82% of votes cast withholding support for the directors up for re-election. Elliot Cooperstone also urges the board to engage constructively regarding the immediate appointment of independent candidates Guy P. Sansone and Joseph Berardo as directors, who possess significant and credible healthcare services experience.