Tenet Healthcare Management
Management criteria checks 2/4
Tenet Healthcare's CEO is Saum Sutaria, appointed in Sep 2021, has a tenure of 2.58 years. total yearly compensation is $18.52M, comprised of 8.1% salary and 91.9% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $35.24M. The average tenure of the management team and the board of directors is 3.1 years and 5.9 years respectively.
Key information
Saum Sutaria
Chief executive officer
US$18.5m
Total compensation
| CEO salary percentage | 8.1% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.1yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Does Tenet Healthcare (NYSE:THC) Have A Healthy Balance Sheet?
Mar 18
Tenet Healthcare: Shrinking To Grow
Feb 04Tenet Healthcare Corporation (NYSE:THC) Might Not Be As Mispriced As It Looks
Dec 18We Think Tenet Healthcare (NYSE:THC) Is Taking Some Risk With Its Debt
Nov 15Tenet Healthcare: A Compelling Opportunity Despite Lofty Debt
Oct 13Is Tenet Healthcare (NYSE:THC) Using Too Much Debt?
Aug 02Tenet Healthcare: Muted Earnings Outlook Doesn't Inspire Confidence For Now
Jul 28Does This Valuation Of Tenet Healthcare Corporation (NYSE:THC) Imply Investors Are Overpaying?
Apr 13USPI and Providence extend hands to aid ambulatory surgical services
Feb 09Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden
Jan 31Tenet Healthcare: Compressed Multiples Appear Justified
Jan 27Tenet Health gains on on report David Einhorn's Greenlight has stake
Jan 17An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 22% Undervalued
Jan 13Tenet Healthcare: Earnings Headwinds With Mixed Technicals
Nov 11Tenet Healthcare Q3 2022 Earnings Preview
Oct 19Does Tenet Healthcare (NYSE:THC) Have A Healthy Balance Sheet?
Oct 09Tenet Healthcare: Mixed Debate, Rate Neutral On Valuation
Aug 25Tenet Healthcare Q2 2022 Earnings Preview
Jul 20Here's Why We Think Tenet Healthcare (NYSE:THC) Is Well Worth Watching
Jul 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD8.42M).
Compensation vs Earnings: Saum's compensation has increased by more than 20% in the past year.
CEO
Saum Sutaria (50 yo)
2.6yrs
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 | 2.6yrs | US$18.52m | 0.37% $ 35.2m | |
| Executive VP & Chief Information Officer | 5.9yrs | US$2.47m | 0.030% $ 2.8m | |
| EVP, Chief Administrative Officer | 3.1yrs | US$3.67m | 0.0082% $ 772.4k | |
| Executive Vice President of Commercial Operations | 2.1yrs | US$3.24m | 0.020% $ 1.9m | |
| 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 | 7.2yrs | no data | no data | |
| Chief Managed Care Officer & Senior VP | 16.8yrs | no data | no data | |
| Chief Applied Clinical Informatics Officer | no data | no data | no data | |
| Chief Administrative Officer - USPI | 1.3yrs | no data | no data | |
| Senior Vice President & Chief Clinical Operations Officer | 5.3yrs | no data | no data |
3.1yrs
Average Tenure
54yo
Average Age
Experienced Management: THC's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.4yrs | US$18.52m | 0.37% $ 35.2m | |
| Independent Director | 6.5yrs | US$333.54k | 0.038% $ 3.6m | |
| Independent Director | less than a year | US$238.93k | 0% $ 0 | |
| Independent Director | 5.9yrs | US$339.04k | 0.022% $ 2.1m | |
| Lead Independent Director | 23.1yrs | US$541.53k | 0.047% $ 4.4m | |
| Independent Director | 6.4yrs | US$335.04k | 0.017% $ 1.6m | |
| Independent Director | 6.4yrs | US$351.04k | 0.0041% $ 382.9k | |
| Independent Director | 9.1yrs | US$356.04k | 0.049% $ 4.6m | |
| Independent Director | 4.7yrs | US$331.04k | 0.011% $ 1.1m | |
| Executive Chairman of Aspen Healthcare | no data | no data | no data | |
| Independent Director | 3.3yrs | US$327.04k | 0.0017% $ 159.9k | |
| Independent Director | 4.5yrs | US$320.04k | 0.018% $ 1.7m |
5.9yrs
Average Tenure
66yo
Average Age
Experienced Board: THC's board of directors are considered experienced (5.9 years average tenure).