U.S. Senate Hopeful Resigns From Tenet’s Board

Last month, Dallas-based Tenet Healthcare announced Bob Kerrey, former Nebraska governor, resigned from the board of directors so he could devote full attention to his U.S. Senate election campaign, according to documents from the U.S. Securities and Exchange Commission.

Advertisement

Mr. Kerrey, who also resigned from the boards of Genworth Financial and Scientific Games, officially filed for office Feb. 29.

Although Mr. Kerrey acknowledged that Tenet has had several issues and settlements with the federal government, he said he stepped down from his positions because he “simply reached a conclusion that I could not perform at that level [of board responsibility] while running for U.S. Senate,” according to an Omaha World-Herald report. He also said he stayed on Tenet’s board through the legal battles because he “felt almost duty-bound to stay until they got through this trouble.”

If Mr. Kerrey were elected this November, he would have most likely resigned anyway, as Senate ethics rules require senators to not be involved in any activities where there could be a potential conflict of interest.

More Articles on Hospital Boards:

Salinas Valley Memorial Board of Directors Meeting Ends Without Partner Decision

The 4 Dimensions of Hospital Accountability

Compensation Manifesto: 11 Steps for Hospital CEOs and Compensation Committees to “Get it Right”

Advertisement

Next Up in Leadership & Management

Advertisement

Comments are closed.