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Tenet Healthcare (NYSE: THC) CIO Paola Arbour sets 2026 retirement, part-time role to 2028

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(Moderate)
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Form Type
8-K

Rhea-AI Filing Summary

Tenet Healthcare Corporation has entered into a Retirement Transition Agreement with Executive Vice President and Chief Information Officer Paola Arbour. She will retire from her CIO role effective December 31, 2026, then move to a part-time, non-executive position providing transition support through April 1, 2028.

After her full-time employment ends, Ms. Arbour will receive a weekly salary of $820, remain eligible for a 2026 bonus under the Annual Incentive Plan (but not for 2027), and her outstanding equity awards will continue to vest under existing terms. She will also continue participation in medical, dental and prescription benefit plans and keep vesting and service credit in the Executive Retirement Account through April 1, 2028. The agreement includes a general release of claims in favor of the company and requires a confirming release in 2028.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
CIO retirement date December 31, 2026 Effective date of Paola Arbour’s retirement as Executive Vice President and CIO
Part-time transition end date April 1, 2028 End of Ms. Arbour’s part-time, non-executive employment providing transition services
Weekly transition salary $820 per week Paid from end of full-time employment through April 1, 2028
Agreement date April 9, 2026 Date Tenet Healthcare and Paola Arbour entered into the Retirement Transition Agreement
Retirement Transition Agreement and General Release financial
"On April 9, 2026, Tenet Healthcare Corporation and Paola Arbour entered into a Retirement Transition Agreement and General Release"
Annual Incentive Plan financial
"she will remain eligible to receive a bonus payment for 2026 under the Company's Annual Incentive Plan"
Executive Retirement Account financial
"Ms. Arbour will continue to vest and receive service credit under the Company’s Executive Retirement Account through April 1, 2028"
general release of claims financial
"The Agreement includes a general release of claims in favor of the Company"
Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 _______________
FORM 8-K 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
 _______________
Date of Report: April 9, 2026 
(Date of earliest event reported)
 _______________
TENET HEALTHCARE CORPORATION
(Exact name of Registrant as specified in its charter)
 
Nevada
 1-7293 95-2557091
(State of Incorporation) (Commission File Number) (IRS Employer
Identification Number)
14201 Dallas Parkway 
Dallas, TX 75254 
(Address of principal executive offices, including zip code)
(469) 893-2200
(Registrant’s telephone number, including area code)
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol(s)		Name of each exchange
on which registered
Common stock, $0.05 par valueTHCNYSE
6.875% Senior Notes due 2031THC31NYSE
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging Growth Company ☐ 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐ 

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 9, 2026, Tenet Healthcare Corporation (the “Company”) and Paola Arbour entered into a Retirement Transition Agreement and General Release (the “Agreement”) that provides that Ms. Arbour will retire from her role as Executive Vice President and Chief Information Officer effective December 31, 2026, but will remain employed on a part-time basis in a non-executive role through April 1, 2028 to provide continuing transition services and support. Under the Agreement, Ms. Arbour will receive a weekly salary of $820 from the date her full-time employment ends through April 1, 2028. While Ms. Arbour will remain eligible to receive a bonus payment for 2026 under the Company's Annual Incentive Plan, she will not be eligible for any bonus payment for 2027. In addition, Ms. Arbour’s outstanding equity awards will continue to vest in accordance with their terms, she will remain eligible to participate in the Company's medical, dental and prescription benefits, and Ms. Arbour will continue to vest and receive service credit under the Company’s Executive Retirement Account through April 1, 2028. The Agreement includes a general release of claims in favor of the Company and also requires Ms. Arbour to provide a confirming release of claims on April 1, 2028.
The summary of the Agreement contained herein is qualified in its entirety by reference to the full text of the Agreement, which is attached hereto as Exhibit 10.1 and incorporated by reference herein in its entirety.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits

Exhibit No.
Description
10.1
Retirement Transition Agreement and General Release dated April 9, 2026
104
Cover Page Interactive Data File (embedded within the inline XBRL document)


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TENET HEALTHCARE CORPORATION
Date: April 10, 2026
By:
/s/ THOMAS ARNST
Thomas Arnst
Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary

Source: View Original Filing on SEC EDGAR

FAQ

What executive change did Tenet Healthcare (THC) disclose in this 8-K?

Tenet Healthcare disclosed that Executive Vice President and Chief Information Officer Paola Arbour will retire from her CIO role effective December 31, 2026. She will then remain employed part-time in a non-executive role until April 1, 2028 to provide transition services.

How long will Paola Arbour remain with Tenet Healthcare (THC) after retiring as CIO?

After retiring as CIO on December 31, 2026, Paola Arbour will stay with Tenet Healthcare in a part-time, non-executive role through April 1, 2028. During this period, she will provide continuing transition services and support under the Retirement Transition Agreement.

What compensation will Paola Arbour receive from Tenet Healthcare after her full-time role ends?

After her full-time employment ends, Paola Arbour will receive a weekly salary of $820 through April 1, 2028. She also remains eligible for a bonus payment for 2026 under the company’s Annual Incentive Plan but not for any bonus for 2027.

What happens to Paola Arbour’s equity awards and benefits at Tenet Healthcare?

Paola Arbour’s outstanding equity awards will continue to vest in accordance with their current terms. She will also continue participating in Tenet Healthcare’s medical, dental and prescription benefit plans and will keep vesting and receiving service credit under the Executive Retirement Account through April 1, 2028.

Does the Tenet Healthcare agreement with Paola Arbour include a release of claims?

Yes. The Retirement Transition Agreement includes a general release of claims in favor of Tenet Healthcare. It also requires Paola Arbour to provide a confirming release of claims on April 1, 2028, reinforcing the legal settlement aspects of her transition arrangement.

Where can investors find the full terms of Paola Arbour’s Retirement Transition Agreement with Tenet Healthcare?

The complete Retirement Transition Agreement and General Release dated April 9, 2026 is filed as Exhibit 10.1 to this report. The company states that its summary is qualified in its entirety by reference to that full agreement, which is incorporated by reference.

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