Tenet stock price triggers $9.6 million payout for CEO
Tenet stock price triggers $9.6 million payout for CEO Ron Rittenmeyer Tenet Healthcare's announcement last week that it would buy dozens of surgery centers sent the company's share price soaring, triggering a stock transaction that netted its CEO $9.6 million. A trading plan Ron Rittenmeyer entered earlier this year held for the exercise and sale of options he received when he became interim CEO in 2017 if the Dallas-based company's share price surpassed $40. It did so on Dec. 10, the day Tenet announced plans to acquire up to 45 ambulatory surgery centers from SurgCenter Development for an ...
Source: modernhealthcare.com