Tenet CEO Trevor Fetter steps down

Dallas-based Tenet Healthcare's longtime leader Trevor Fetter stepped down from his role as CEO and resigned as a director of the company on Monday. 

Tenet announced in August it was replacing Mr. Fetter, who has led the 77-hospital chain since 2003. At that time, Tenet said Mr. Fetter would step down by March 15, 2018, or when the company appointed a successor, whichever occurred first.

However, Mr. Fetter resigned as the company continues its search for a permanent CEO. Tenet's board of directors appointed Ronald A. Rittenmeyer, executive chairman, to serve as CEO during the executive search. 

"I have confidence in Ron's leadership and Tenet's management team, so now is the right time for me to step down as CEO," said Mr. Fetter. "I am grateful for the hard work and dedication of all of Tenet's employees in building this great company, and it has been an honor to work alongside them."

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