Tenet Healthcare Announces Annual Meeting Voting Results

Thursday, May 4, 2017 5:28 pm CDT

Dateline:

DALLAS

Public Company Information:

NYSE:
THC

Tenet Healthcare Corporation (NYSE: THC) today announced preliminary results of the shareholder vote at its annual shareholder meeting held this morning in Dallas, Texas. At the meeting, the company’s common stock holders elected 12 nominees to the board of directors and approved the four other proposals put forth by the company.

The common stock holders voted to elect all of the board’s nominees for director:

  • Trevor Fetter, chairman and chief executive officer, Tenet Healthcare Corporation
  • Ronald A. Rittenmeyer, chairman and chief executive officer, Millennium Health
  • John P. Byrnes, former chairman and chief executive officer, Lincare Holdings, Inc.
  • Brenda J. Gaines, retired president and chief executive officer, Diners Club North America
  • Karen M. Garrison, retired president, Pitney Bowes Business Services
  • Edward A. Kangas, retired chairman and chief executive officer, Deloitte Touche Tohmatsu
  • J. Robert Kerrey, managing director, Allen & Company; former Governor and U.S. Senator from Nebraska
  • Richard R. Pettingill, retired president and chief executive officer, Allina Hospitals and Clinics
  • Matt Ripperger, partner, Glenview Capital Management
  • Tammy Romo, executive vice president and chief financial officer, Southwest Airlines Co.
  • Randy Simpson, partner, Glenview Capital Management
  • Peter M. Wilver, former executive vice president and chief financial officer, Thermo Fisher Scientific Inc.

Each director was elected individually to serve a one-year term concluding at the company’s 2018 annual shareholder meeting. Effective upon the conclusion of the 2017 annual meeting, the size of the board was reduced from 14 to 12 directors following the retirement of two incumbent directors, James A. Unruh and Freda C. Lewis-Hall, M.D.

Additionally, the company’s common stock holders voted to approve the advisory resolution on the company’s executive compensation, to approve the advisory resolution on the frequency of future advisory votes to approve the company’s executive compensation, to approve the material terms of the performance goals under the Third Amended Tenet Healthcare Corporation Annual Incentive Plan, and to ratify the selection of Deloitte & Touche LLP as independent registered public accountants for the year ending December 31, 2017.

The final voting results will be disclosed in a Form 8-K to be filed with the Securities and Exchange Commission.

About Tenet Healthcare

Tenet Healthcare Corporation is a diversified healthcare services company with 130,000 employees united around a common mission: to help people live happier, healthier lives. Through its subsidiaries, partnerships and joint ventures, including United Surgical Partners International, the company operates 80 general acute care hospitals, 20 short-stay surgical hospitals and over 470 outpatient centers in the United States, as well as nine facilities in the United Kingdom. Tenet’s Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks, physician groups, self-insured organizations and health plans. For more information, please visit www.tenethealth.com.

The terms "THC," "Tenet Healthcare Corporation," "the company," "we," "us" or "our" refer to Tenet Healthcare Corporation or one or more of its subsidiaries or affiliates as applicable.

Tenet uses its Company website to provide important information to investors about the Company including the posting of important announcements regarding financial performance and corporate developments.

Contact:

Investor Contact:
Brendan Strong
469-893-6992
investorrelations@tenethealth.com

Media Contact:
Lesley Bogdanow
469-893-2640
mediarelations@tenethealth.com