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Leading Proxy Advisory Firm Recommends Against Tenet Healthcare’s CEO Pay

(WASHINGTON) – Leading independent proxy advisor Institutional Shareholder Services (ISS) is opposing Tenet Healthcare Corp.’s (NYSE: THC) “Say on Pay” report because its redesigned 2016 long-term incentive program is undermined by lack of disclosure of relevant financial goals as wells as the Board of Directors decision to revert back to a $9 million target for incentive pay despite continuing losses to shareholder value.  The negative recommendation sets up the specter of an investor revolt at the annual meeting on May 4 in Dallas, Texas.

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