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Tenet Healthcare Updates CEO Compensation Agreement
Company Announcements

Tenet Healthcare Updates CEO Compensation Agreement

Story Highlights
  • Tenet Healthcare signed a new employment agreement with CEO Saumya Sutaria on January 23, 2025.
  • The agreement includes significant compensation and stock incentives, enhancing leadership stability and aligning performance goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

The latest announcement is out from Tenet Healthcare ( (THC) ).

On January 23, 2025, Tenet Healthcare Corporation entered into an amended employment agreement with its CEO, Saumya Sutaria. The agreement outlines his compensation, including a base salary of $1.5 million and an annual incentive plan, as well as stock incentives valued at $18 million. The contract includes provisions for termination benefits and performance-based vesting of stock units, impacting the company’s leadership stability and aligning executive interests with long-term performance goals.

More about Tenet Healthcare

Tenet Healthcare Corporation operates in the healthcare industry, providing a wide range of healthcare services primarily through its hospitals and outpatient facilities. The company focuses on offering comprehensive healthcare solutions to various communities, ensuring access to quality medical services.

YTD Price Performance: 10.44%

Average Trading Volume: 1,378,439

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.15B

See more data about THC stock on TipRanks’ Stock Analysis page.

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