secwatch.observer — SEC 8-K summary
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Issuer:     TENET HEALTHCARE CORP (THC)
CIK:        0000070318
Form:       8-K
Filed at:   2023-06-23T23:59:59+00:00
Accession:  0000070318-23-000033
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tenet names Sun Park as CFO effective Jan 2024; replaces retiring Dan Cancelmi
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- Sun Park appointed EVP & CFO effective Jan 1, 2024; will serve as EVP from July 11, 2023.
- Park previously EVP & Group CFO at AmerisourceBergen, overseeing $240B+ annual revenues.
- Compensation: $700K base, target 100% bonus, sign-on $1M, RSU grant $1.67M, plus 2024 equity.
- Dan Cancelmi retires Dec 31, 2023 as previously announced; transition is planned.
- Park reports to CEO Saum Sutaria; will lead all finance functions including IR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70318/000007031823000033/0000070318-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70318/000007031823000033/thc-20230623.htm
  HTML page:      https://secwatch.observer/filing/0000070318-23-000033

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