Tenet Healthcare Corp. on Monday said Trevor Fetter has stepped down as chief executive and resigned from the board effective immediately. The company had said in August that Fetter would resign by March 15 or when a successor had been found. Instead, the board named Executive Chairman Ronald Rittenmeyer as CEO while the company continues to seek a permanent replacement. It is not clear what precipitated Fetter’s exit. Shares of Tenet were flat in the extended session after closing at $14.69.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News