Tenet Healthcare Board Changes
Ticker: THC · Form: 8-K · Filed: Jan 24, 2025 · CIK: 70318
Sentiment: neutral
Topics: board-composition, governance
Related Tickers: THC
TL;DR
Tenet Healthcare board sees director departure and two new additions.
AI Summary
On January 23, 2025, Tenet Healthcare Corp. announced the departure of director Michael H. Mears. The company also elected two new directors, David L. Leach and David L. St. Clair, to its Board of Directors, effective immediately. These changes are part of the company's regular governance updates.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy or governance, potentially impacting investor confidence and future business decisions.
Risk Assessment
Risk Level: low — The filing reports routine changes in board composition, which typically carry low immediate risk.
Key Players & Entities
- Tenet Healthcare Corp. (company) — Registrant
- Michael H. Mears (person) — Departing Director
- David L. Leach (person) — Newly Elected Director
- David L. St. Clair (person) — Newly Elected Director
- January 23, 2025 (date) — Date of Report
FAQ
Who has departed from Tenet Healthcare Corp.'s Board of Directors?
Michael H. Mears has departed from the Board of Directors.
When were the new directors elected?
The new directors were elected effective January 23, 2025.
Who are the newly elected directors?
David L. Leach and David L. St. Clair have been elected as new directors.
What is the filing date for this report?
The filing date for this report is January 24, 2025.
What is the company's state of incorporation?
Tenet Healthcare Corp. is incorporated in Nevada.
Filing Stats: 1,530 words · 6 min read · ~5 pages · Grade level 14.6 · Accepted 2025-01-24 17:00:18
Key Financial Figures
- $0.05 — nge on which registered Common stock, $0.05 par value THC NYSE 6.875% Senior Notes
- $1,500,000 — ll be paid an annualized base salary of $1,500,000 (subject to increase from time to time)
- $18 million — units (the " Retention RSUs ") covering $18 million worth of the Company's common stock pur
- $250,000 — o annual contributions of not less than $250,000 to the Company's executive retirement a
Filing Documents
- thc-20250123.htm (8-K) — 40KB
- ex101amendedandrestatedemp.htm (EX-10.1) — 120KB
- 0000070318-25-000003.txt ( ) — 355KB
- thc-20250123.xsd (EX-101.SCH) — 2KB
- thc-20250123_def.xml (EX-101.DEF) — 17KB
- thc-20250123_lab.xml (EX-101.LAB) — 29KB
- thc-20250123_pre.xml (EX-101.PRE) — 18KB
- thc-20250123_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Amended and Restated Employment Agreement between the Company and Saumya Sutaria, effective as of January 23, 2025 104 Cover Page Interactive Data File (embedded within the inline XBRL document) –2– 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: January 24, 2025 By: /s/ THOMAS ARNST Thomas Arnst Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary –3–