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Tenet Healthcare announces new senior vice president controller

Story Highlights
  • Tenet extended Scott Ramsey’s retirement to April 30, 2026, with part-time transition support through March 2028.
  • The company named J. Michael Grooms as new controller and principal accounting officer with equity-focused pay.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tenet Healthcare announces new senior vice president controller

Meet Samuel – Your Personal Investing Prophet

Tenet Healthcare ( (THC) ) has provided an announcement.

Tenet Healthcare has adjusted the retirement timeline for its Senior Vice President and Controller, R. Scott Ramsey, who will now retire effective April 30, 2026, instead of March 31, 2026, and remain employed on a part-time basis through March 31, 2028, to provide transition support. On March 25, 2026, the company appointed J. Michael Grooms as Senior Vice President and Controller effective April 6, 2026, and he will assume the role of Principal Accounting Officer on May 1, 2026, with a compensation package that includes a $475,000 base salary, performance-linked bonuses and a mix of service- and performance-based restricted stock units, signaling an orderly leadership transition in Tenet’s finance function.

The most recent analyst rating on (THC) stock is a Buy with a $216.00 price target. To see the full list of analyst forecasts on Tenet Healthcare stock, see the THC Stock Forecast page.

Spark’s Take on THC Stock

According to Spark, TipRanks’ AI Analyst, THC is a Neutral.

The score is driven primarily by strong recent cash flow and an established uptrend in the stock, offset by leverage and less durable profitability, plus 2026 guidance risk from a potentially significant exchange-enrollment headwind and related uncertainty.

To see Spark’s full report on THC stock, click here.

More about Tenet Healthcare

Tenet Healthcare Corporation is a large U.S. healthcare services company that operates hospitals, outpatient centers and related healthcare facilities. The company focuses on delivering acute care and other medical services to patients through an extensive network of providers and supports clinicians and communities across the healthcare continuum.

Average Trading Volume: 1,028,057

Technical Sentiment Signal: Buy

Current Market Cap: $16.68B

For an in-depth examination of THC stock, go to TipRanks’ Overview page.

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