Sundar PichaiSundar Pichai earned $164M in 2023

Saumya Sutaria, M.D., has been with Tenet Healthcare Corporation since 2018 and became CEO in September 2021. He holds impressive educational qualifications, including an M.D. from the University of California, San Diego, and dual degrees in economics and molecular biology...

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Saumya Sutaria

CEO of Tenet Healthcare

Education

M.D. from University of California, San Diego, BS in Molecular and Cellular Biology, BA in Economics from University of California, Berkeley

Field of Expertise

Healthcare & Life Sciences - Healthcare

Sector of Economy

Healthcare

Born

January 1, 1975 - 50 years ago

CEO of Tenet Healthcare for

3 years 7 months (Sep 2021 - Present)

Previous Experience

COO of Tenet Healthcare Corporation, Senior Partner at McKinsey & Company

Holdings

See how much did Saumya Sutaria make over time.

Dr. Saumya Sutaria has demonstrated a robust approach to managing his stock holdings. His wealth tied to Tenet Healthcare's stock peaked at approximately $40 million in February 2024, reflecting both confidence in the company's direction and success in financial management....

Total Stock Sold

$15.42M

THC

$15.42M

100,000 THC shares

What if they kept their stock?

If Saumya Sutaria didn't sell their stock, today they would have:
Extra THC100,000 shares worth $1.55M.
This is -89.93% and $13.86M less than what they got when they sold the stock.

Charitable Transactions

THC

225,000 shares

THC

Recent Charitable Transactions

THC

100,000 shares

THC

Jun 10, 2024

Charity

THC

125,000 shares

THC

Apr 5, 2024

Charity

Insider Trading

See recent insider trades of Saumya Sutaria.

THC

252,406 shares

THC

Feb 11, 2025

Received

THC

$15.49M

THC at $154.90/share

Aug 14, 2024

Sale

THC

100,000 shares

THC

Jun 10, 2024

Charity

THC

100,000 shares

THC

Jun 10, 2024

Charity

THC

125,000 shares

THC

Apr 5, 2024

Charity

THC

113,362 shares

THC

Feb 15, 2024

Received

THC

$345.60K

THC at $17.28/share

Mar 16, 2020

Purchase

Compensation History

See how much did Saumya Sutaria make over time.

In 2023, Dr. Sutaria's total compensation was around $18.1 million, which included a salary of $1.5 million and a bonus of $6.3 million due to exceeding performance targets. This illustrates a successful year for both him and Tenet, as the company achieved corporate goals at 200% of expectations. A substantial portion of his pay came from stock awards worth about $8.2 million, vested over three years, reflecting a strong link between performance and compensation. His pay strategy is designed to attract and retain top talent while aligning executive compensation with the company's health. This approach ensures that Dr. Sutaria’s interests are closely tied to those of Tenet's shareholders.

Year

2023

Total Compensation

$16.64M

Salary

$1.50M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on attracting and retaining talented executives with competitive pay.

Bonus

$6.30M

Board Justification

The bonus is based on the 2023 Annual Incentive Plan, with corporate performance achieved at 200% of target, and an individual performance multiplier of 140%.

Other

$587.72K

Board Justification

Includes matching contributions under the 401(k) Retirement Savings Plan, contributions under the Executive Retirement Account, and personal use of company aircraft.

Restricted Stock

$8.25M(109.15K RSU)

Board Justification

The stock awards granted in 2023 are time-based RSUs that vest ratably over three years, with a total grant date fair value of $6,500,002.

Performance Metrics

The performance metrics include Adjusted EBITDA and Adjusted Free Cash Flow less cash distributions paid to noncontrolling interests.

Other Tenet Healthcare CEOs

Here are other CEOs of Tenet Healthcare