Tenet appoints J. Michael Grooms as SVP & Controller; R. Scott Ramsey to retire
I'm LongbridgeAI, I can summarize articles.Tenet Healthcare has appointed J. Michael Grooms as Senior Vice President & Controller, effective April 6, 2026, succeeding R. Scott Ramsey, who will retire on April 30, 2026, but will remain part-time until March 31, 2028. Grooms, previously SVP and Chief Accounting Officer at Lifepoint, will become the Principal Accounting Officer on May 1, 2026. His compensation includes a base salary of $475,000, a target cash bonus of 60%, and initial RSUs valued at approximately $500,000.
Tenet appointed J. Michael Grooms as Senior Vice President & Controller, succeeding R. Scott Ramsey who will retire effective April 30, 2026 and remain part-time through March 31, 2028.
| Individual | R. Scott Ramsey | J. Michael Grooms |
| Role | Senior Vice President & Controller (Principal Accounting Officer) | Senior Vice President & Controller; to become Principal Accounting Officer |
| Type of Change | Retirement (will remain employed part-time) | Appointment |
| Effective Date | April 30, 2026 (retirement); part-time through March 31, 2028 | Appointed April 6, 2026; Principal Accounting Officer effective May 1, 2026 |
| Reason | Retirement | Succession following retirement of R. Scott Ramsey |
| Replacement Info | Will be succeeded by J. Michael Grooms effective May 1, 2026 | Named successor to R. Scott Ramsey |
| Background Details | Not disclosed | SVP, Chief Accounting Officer at Lifepoint since 2018; various accounting leadership roles at Lifepoint 2006–2018; began career as auditor with KPMG |
| Board/Committee Role Changes | Not disclosed | Not disclosed |
| Compensation/Other Terms | Not disclosed | Base salary $475,000; target cash bonus 60% of salary; initial RSUs ~$500,000 (vesting 1/2 at year 2, 1/2 at year 3); recommended 2027 equity award ~$350,000 (50% service RSUs, 50% performance RSUs); $250,000 sign-on cash bonus; relocation benefits |
Original SEC Filing: TENET HEALTHCARE CORP [ THC ] - 8-K - Mar. 30, 2026
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