Former Tennessee Governor on Vanguard’s Board Estimated to Receive $270k Per Year

Former Tennessee Gov. Phil Bredesen joined the board of directors for Nashville, Tenn.-based Vanguard Health Systems in October, and it is estimated his annual compensation for serving on the board is approximately $270,000, according to a Tennessean report.

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Mr. Bredesen, who founded health insurer HealthAmerica Corp., served as governor of Tennessee until this year.

Three months ago, Vanguard also raised its yearly allowance for directors to an average of $100,000, according to the report.

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