But Mr. Cancelmi is now also planning to stay on in a part-time role at the 61-hospital system until April 2025 as Tenet transitions its new full-time CFO, Sun Park, into Mr. Cancelmi’s current role.
Mr. Cancelmi, a Tenet veteran of 24 years, will receive a $750 weekly salary and full benefits until the age of 65, according to an Aug. 11 filing from the Securities and Exchange Commission.
Tenet reported net income of $123 million in the second quarter of 2023.
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