THC · Tenet Healthcare Corporation

0000070318-26-000019

Summary

Tenet Healthcare Corporation entered into a Retirement Transition Agreement with Executive VP and CIO Paola Arbour, effective April 9, 2026, for her retirement from full-time role on December 31, 2026, with part-time services through April 1, 2028.

Key takeaways

Paola Arbour to retire as Executive Vice President and Chief Information Officer effective December 31, 2026.
Arbour remains employed part-time in non-executive role through April 1, 2028, providing transition services.
Part-time compensation: $820 weekly salary from January 1, 2027 through April 1, 2028.
Eligible for 2026 AIP bonus based on performance; ineligible for 2027 AIP bonus.
Outstanding equity awards continue vesting through April 1, 2028 per original terms.
Continues vesting and service credit in Executive Retirement Account through April 1, 2028.

Full analysis

The agreement ensures continuity in IT leadership during Paola Arbour's transition out of her executive role as Chief Information Officer, with part-time support extending over 15 months post-retirement. Compensation terms preserve 2026 incentives while limiting future bonuses, aligning with her reduced role. Ongoing vesting of equity and retirement account benefits mitigates retention risks for key talent in a critical function.