Tenet CEO 2008 compensation valued at $9.7 million

AP/Yahoo News, March 27, 2009

Tenet Healthcare Corp. gave Chief Executive Trevor Fetter compensation valued at $9.7 million in 2008, according to an Associated Press calculation, as the hospital operator reaped a profit but saw its stock plunge 77%. Fetter, 49, received a salary of $1.1 million and a performance-related bonus of $2.3 million, but most of his compensation came from stock and option awards valued at $6.1 million, according to a proxy statement filed with the Securities and Exchange Commission.


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