STOCK TITAN

Tenet Healthcare Names CEO Saum Sutaria as Chairman of the Board

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Tenet Healthcare Corporation (NYSE: THC) announced the election of CEO Saum Sutaria, M.D., as Chairman, succeeding Senator J. Robert Kerrey. Sutaria's promotion reflects his leadership and commitment to the company, with the Board's confidence in creating value for stakeholders.
Positive
  • None.
Negative
  • None.

DALLAS--(BUSINESS WIRE)-- Tenet Healthcare Corporation (NYSE: THC) today announced that its Board of Directors has elected Chief Executive Officer, Saum Sutaria, M.D., to assume the additional position of Chairman, effective immediately. Sutaria succeeds Senator J. Robert Kerrey, who will transition to Lead Director of the Board, a role he previously held from 2017- 2022.

Sutaria has served as Tenet Healthcare’s CEO since September 2021 and a member of the Board of Directors since 2020. Previously, he served as the Company’s Chief Operating Officer.

“The appointment of Saum to Chairman is a testament to his steadfast leadership and commitment to Tenet Healthcare,” said Senator J. Robert Kerrey, Lead Director. “The Board looks forward to working closely with him in this new capacity to continue to create value for all our stakeholders.”

About Tenet Healthcare

Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates or has ownership interests in more than 475 ambulatory surgery centers and surgical hospitals. We also operate 61 acute care and specialty hospitals, approximately 110 other outpatient facilities, a network of leading employed physicians and a global business center in Manila, Philippines. Our Conifer Health Solutions subsidiary provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers, and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit www.tenethealth.com.

Investor Contact

Will McDowell

469-893-2387

William.McDowell@tenethealth.com

Media Contact

Robert Dyer

469-893-2640

mediarelations@tenethealth.com

Source: Tenet Healthcare Corporation

FAQ

What is the ticker symbol of Tenet Healthcare Corporation?

The ticker symbol of Tenet Healthcare Corporation is THC.

Who is the new Chairman of Tenet Healthcare Corporation?

The new Chairman of Tenet Healthcare Corporation is Saum Sutaria, M.D., who is also the current CEO.

Who is transitioning to the role of Lead Director of the Board?

Senator J. Robert Kerrey is transitioning to the role of Lead Director of the Board.

When did Saum Sutaria become CEO of Tenet Healthcare Corporation?

Saum Sutaria became CEO of Tenet Healthcare Corporation in September 2021.

Tenet Healthcare Corporation New

NYSE:THC

THC Rankings

THC Latest News

THC Stock Data

14.11B
93.21M
1.17%
96.37%
2.53%
Medical Care Facilities
Pharmaceutical Preparations
Link
United States of America
CHAPEL HILL