Tenet Healthcare Management
Management criteria checks 2/4
Tenet Healthcare's CEO is Saum Sutaria, appointed in Sep 2021, has a tenure of 3.25 years. total yearly compensation is $18.52M, comprised of 8.1% salary and 91.9% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth $35.15M. The average tenure of the management team and the board of directors is 3.8 years and 6.6 years respectively.
Key information
Saum Sutaria
Chief executive officer
US$18.5m
Total compensation
| CEO salary percentage | 8.1% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.8yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
Tenet Healthcare: Walk-In Surgical Care Facilities Are A Key Revenue Driver
Dec 17Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden
Nov 17
Tenet Healthcare: Targeting More Stable Demand In High-Acuity Services
Nov 04With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case
Oct 30Tenet Healthcare: Becoming A Very Healthy Business
Sep 09Earnings Working Against Tenet Healthcare Corporation's (NYSE:THC) Share Price
Sep 06Tenet Healthcare: Strong EPS Growth, But Shares Near FV (Rating Downgrade)
Aug 29Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden
Aug 13An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 42% Undervalued
Jul 11Tenet Healthcare: Asset Sales, Current Multiples Support Re-Rating (Rating Upgrade)
Jun 17With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case
May 21Tenet Healthcare Corporation's (NYSE:THC) Shareholders Might Be Looking For Exit
Apr 30Does Tenet Healthcare (NYSE:THC) Have A Healthy Balance Sheet?
Mar 18Tenet Healthcare: Shrinking To Grow
Feb 04Tenet Healthcare: A Compelling Opportunity Despite Lofty Debt
Oct 13Tenet Healthcare: Muted Earnings Outlook Doesn't Inspire Confidence For Now
Jul 28USPI and Providence extend hands to aid ambulatory surgical services
Feb 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$19m | US$2m | US$611m |
| Sep 30 2023 | n/a | n/a | US$469m |
| Jun 30 2023 | n/a | n/a | US$499m |
| Mar 31 2023 | n/a | n/a | US$414m |
| Dec 31 2022 | US$11m | US$1m | US$410m |
| Sep 30 2022 | n/a | n/a | US$558m |
| Jun 30 2022 | n/a | n/a | US$875m |
| Mar 31 2022 | n/a | n/a | US$957m |
| Dec 31 2021 | US$21m | US$1m | US$915m |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$434m |
| Mar 31 2021 | n/a | n/a | US$402m |
| Dec 31 2020 | US$9m | US$1m | US$399m |
| Sep 30 2020 | n/a | n/a | -US$18m |
| Jun 30 2020 | n/a | n/a | -US$48m |
| Mar 31 2020 | n/a | n/a | -US$112m |
| Dec 31 2019 | US$14m | US$962k | -US$226m |
Compensation vs Market: Saum's total compensation ($USD18.52M) is above average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Saum's compensation has increased by more than 20% in the past year.
CEO
Saum Sutaria (51 yo)
3.3yrs
Tenure
US$18,518,110
Compensation
Dr. Saumya Sutaria, M.D., also known as Saum, serves as Member of Advisory Board at Vida Health, Inc. Dr. Sutaria served as Chief Operating Officer at Tenet Healthcare Corp. since January 06, 2019 until S...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.3yrs | US$18.52m | 0.29% $ 35.2m | |
| Executive VP & Chief Information Officer | 6.6yrs | US$2.47m | 0.023% $ 2.8m | |
| EVP, Chief Administrative Officer | 3.8yrs | US$3.67m | no data | |
| Executive Vice President of Commercial Operations | 2.8yrs | US$3.24m | 0.016% $ 2.0m | |
| Executive VP & CFO | less than a year | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP & Chief Compliance Officer | no data | no data | no data | |
| Executive Vice President of Corporate Development | 7.8yrs | no data | no data | |
| Chief Managed Care Officer & Senior VP | 17.4yrs | no data | no data | |
| Chief Applied Clinical Informatics Officer | no data | no data | no data | |
| Chief Administrative Officer - USPI | 1.9yrs | no data | no data | |
| Senior Vice President & Chief Clinical Operations Officer | 5.9yrs | no data | no data |
3.8yrs
Average Tenure
55yo
Average Age
Experienced Management: THC's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.1yrs | US$18.52m | 0.29% $ 35.2m | |
| Independent Director | 7.2yrs | US$333.54k | 0.040% $ 4.9m | |
| Independent Director | 1.6yrs | US$238.93k | 0% $ 0 | |
| Independent Director | 6.6yrs | US$339.04k | 0.0081% $ 1.0m | |
| Lead Independent Director | 23.8yrs | US$541.53k | 0.024% $ 2.9m | |
| Independent Director | 7.1yrs | US$335.04k | 0.018% $ 2.2m | |
| Independent Director | 7.1yrs | US$351.04k | 0.0070% $ 867.9k | |
| Independent Director | 9.8yrs | US$356.04k | 0.051% $ 6.3m | |
| Independent Director | 5.3yrs | US$331.04k | 0.00029% $ 35.7k | |
| Executive Chairman of Aspen Healthcare | no data | no data | no data | |
| Independent Director | 3.9yrs | US$327.04k | 0.0018% $ 217.9k | |
| Independent Director | 5.2yrs | US$320.04k | 0.021% $ 2.5m |
6.6yrs
Average Tenure
67yo
Average Age
Experienced Board: THC's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tenet Healthcare Corporation is covered by 45 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Kemp Dolliver | Avondale Partners |
| Hua Ha | Baird |
| Ishan Majumdar | Baptista Research |