DALLAS--(BUSINESS WIRE)--The annual meeting of shareholders of Tenet Healthcare Corporation
(NYSE: THC) was held on May 7, 2015. At the annual meeting, the
company’s common stock holders voted to elect ten nominees to the board
of directors and approve two additional proposals put forth by the
company.
Additionally, following the annual meeting, the Tenet board of directors
voted to appoint Ed Kangas, current chairman, as lead independent
director and Trevor Fetter, president and chief executive officer of
Tenet, as chairman, effective immediately.
The results of the shareholder votes on the election of directors and
two additional proposals are as follows:
Proposal 1 — Election of Ten Director Nominees
The Tenet Healthcare Corporation common stock holders voted to elect all
of the board’s nominees for director:
-
Trevor Fetter, president and chief executive officer, Tenet Healthcare
Corporation
-
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, executive chairman of the Minerva Institute for
Research and Scholarship; and former United States Senator
-
Freda C. Lewis-Hall, M.D., executive vice president and chief medical
officer, Pfizer, Inc.
-
Richard R. Pettingill, retired president and chief executive officer,
Allina Hospitals and Clinics
-
Ronald A. Rittenmeyer, retired president and chief executive officer,
Expert Global Solutions, Inc.; and former chairman, president and
chief executive officer, Electronic Data Systems Corporation
-
Tammy Romo, senior vice president of finance and chief financial
officer, Southwest Airlines Co.
-
James A. Unruh, principal, Alerion Capital Group LLC
Each director was elected individually to serve a one-year term.
Proposal 2 – Advisory Approval of Company’s Executive Compensation
The Tenet Healthcare Corporation common stock holders voted to approve
the advisory resolution on the compensation of the company’s Named
Executive Officers.
Proposal 3 – Ratify Selection of Deloitte & Touche LLP as Independent
Registered Public Accountants for 2015
The Tenet Healthcare Corporation common stock holders voted to ratify
the selection of Deloitte & Touche LLP, an independent registered public
accounting firm, as auditors of the company for the fiscal year ending
December 31, 2015.
The final voting results will be disclosed in an upcoming Form 8-K to be
filed with the Securities and Exchange Commission.
About Tenet Healthcare
Tenet Healthcare Corporation is a national, diversified healthcare
services company with 110,000 employees united around a common mission:
to help people live happier, healthier lives. The company operates 80
hospitals, 216 outpatient centers, six health plans and Conifer Health
Solutions, a leading provider of healthcare business process services in
the areas of revenue cycle management, value based care and patient
communications. 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.
This release contains “forward-looking statements” – that is, statements
that relate to future, not past, events. In this context,
forward-looking statements often address our expected future business
and financial performance and financial condition, and often contain
words such as “expect,” “assume,” “anticipate,” “intend,” “plan,”
“believe,” “seek,” “see,” or “will.” Forward-looking statements by their
nature address matters that are, to different degrees, uncertain.
Particular uncertainties that could cause our actual results to be
materially different than those expressed in our forward-looking
statements include, but are not limited to, the factors disclosed under
“Forward-Looking Statements” and “Risk Factors” in our Form 10-K for the
year ended December 31, 2014, and in our quarterly reports on Form 10-Q,
periodic reports on Form 8-K and other filings with the Securities and
Exchange Commission. The information contained in this release is as of
the date hereof. The company assumes no obligation to update
forward-looking statements contained in this release as a result of new
information or future events or developments.
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.
