Mr. Fetter’s base salary in fiscal year 2011 was $1.08 million, the same as the previous two years. He received $4.88 million in stock awards, $2.67 million in non-equity incentive plan compensation and $1.93 million of accumulated benefits under his supplemental executive retirement plan. Mr. Fetter also received more than $142,000 for personal use of Tenet’s aircraft.
Biggs Porter, Tenet’s former CFO, made $3.18 million in total compensation in 2011. This figure was slightly less than his 2010 figures, when he made $3.43 million. Mr. Porter’s base salary was $579,000, and he accrued more than $1.31 million in stock awards.
Mr. Porter resigned from Tenet effective March 30, 2012, and is currently CFO of Fluor Corp., an engineering and construction company.
More Articles on Hospital CEO Compensation:
Compensation Manifesto: 11 Steps for Hospital CEOs and Compensation Committees to “Get it Right”
