Tenet CFO Cancelmi to stay part-time through Apr 2025 at $750/week under transition agreement

TENET HEALTHCARE CORP

CFO Daniel Cancelmi signed transition agreement Aug 9, 2023; full-time employment ends Dec 31, 2023.
Part-time transition role from Jan 1, 2024 to Apr 15, 2025 at weekly salary of $750.
Cancelmi continues medical/dental/vision benefits until age 65; equity awards vest through Apr 15, 2025.
Receives service credit under SERP; restrictive covenants extended through Apr 2028, includes release of claims.

item 5.02 item 9.01

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Departed

Daniel Cancelmi

Executive Vice President & Chief Financial Officer

THC · TENET HEALTHCARE CORP

Effective: 2023-12-31
Filed: August 11, 2023, 7:59 PM ET

On January 19, 2023 , the Company filed the Report to disclose that Daniel Cancelmi, Executive Vice President & Chief Financial Officer, had announced his retirement from the Company, effective December 31, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Cancelmi departed as Executive Vice President & Chief Financial Officer at TENET HEALTHCARE CORP.

Action: announced his retirement
Role: Executive Vice President & Chief Financial Officer

Exact text from the filing

On January 19, 2023 , the Company filed the Report to disclose that Daniel Cancelmi, Executive Vice President & Chief Financial Officer, had announced his retirement from the Company, effective December 31, 2023.

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TENET HEALTHCARE CORP filing history →

Source: SEC EDGAR

accession 0000070318-23-000047

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