Tenet COO and President Sutaria to take over for Rittenmeyer as CEO in September
Tenet Healthcare President and Chief Working Officer Saum Sutaria has been appointed the hospital chain’s CEO beginning Sept. 1, with present CEO Ron Rittenmeyer serving as government chairman of the corporate and board by subsequent yr.
Sutaria joined Tenet in January 2019 as its COO and beforehand labored at consulting agency McKinsey & Firm for 18 years. He was promoted to president final yr.
Rittenmeyer stated in a press release that Sutaria’s appointment was a part of a succession plan he had developed.
“In the course of the previous a number of years, Saum and I’ve labored carefully collectively by extraordinary occasions together with COVID, and at every step, he has continued to display wonderful management in framing the best strategic and tactical pathway,” Rittenmeyer stated in a press release. “He has lengthy been a frontrunner in healthcare, and he additionally is aware of Tenet extraordinarily properly after practically three years in prime administration roles.”
Rittenmeyer served as a director on Tenet’s board since 2010 and was the earlier president and CEO of IT providers firm Digital Information Techniques. He was appointed in 2017 after former CEO Trevor Fetter stepped down.
The transition comes a couple of weeks after Tenet posted $120 million in web earnings for the second quarter, a 36% enhance over the identical interval in 2020.
Rittenmeyer stated final month that its larger acuity work targeted on normal surgical procedure and different specialties has “been steadily progressing in key markets throughout the nation.”
