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THC > SEC Filings for THC > Form 8-K on 23-Apr-2009All Recent SEC Filings

Show all filings for TENET HEALTHCARE CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TENET HEALTHCARE CORP


23-Apr-2009

Other Events


Item 8.01 Other Events.

On April 23, 2009, the Compensation Committee of the Board of Directors of Tenet Healthcare Corporation ("Tenet") affirmed its commitment to pay-for-performance and transparency in executive compensation by announcing its intention to do the following:

• At least 50% of the equity awards (in terms of number of shares) to be granted next year to the Company's "named executive officers," as defined in the SEC rules, will be performance-based equity awards that are earned or paid out based on the achievement of performance targets; and

• The performance criteria measured and the difficulty of the achievement will be disclosed in the proxy statement for each annual meeting of shareholders during the measurement period in accordance with applicable SEC regulations.

* * * * *

Important Information: In connection with the solicitation of proxies, Tenet filed with the Securities and Exchange Commission (the "SEC") and mailed to shareholders a definitive proxy statement dated March 26, 2009 (the "Proxy Statement"). The Proxy Statement contains important information about Tenet and the 2009 annual shareholders meeting. Tenet's shareholders are urged to read the Proxy Statement carefully. The Proxy Statement is available for free at the SEC's website at www.sec.gov, at Tenet's website at www.tenethealth.com/tenethealth/proxymaterials or by contacting Tenet's solicitor, MacKenzie Partners, Inc. at its toll-free number: (800) 322-2885 or collect at (212) 929-5550. The contents of the websites referenced above are not deemed to be incorporated by reference into the Proxy Statement.

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