Mr. Park joins Tenet from AmerisourceBergen, where he served as executive vice president and group CFO for pharmaceutical distribution and strategic global sourcing, according to a June 23 Tenet news release.
Tenet announced in January that Mr. Cancelmi will retire at the end of 2023. Mr. Park will serve as an executive vice president for the for-profit health system from July 11 through Dec. 31, according to the release. Mr. Cancelmi will onboard and mentor Mr. Park as part of the transition process.
“I am pleased to welcome Sun to Tenet and believe his leadership experiences, coupled with his data-driven and outcomes-oriented approach will serve our company well as we continue to execute on our strategic priorities,” Tenet CEO Saum Sutaria, MD, said in the release. “Sun’s well rounded leadership experience in corporate and operational finance will enable us to continue to unlock value for our shareholders as we continue to transform our portfolio.”