New Tenet Healthcare (NYSE: THC) controller to receive $475k salary
Tenet Healthcare announced changes in its accounting leadership, with R. Scott Ramsey retiring as Senior Vice President & Controller and Principal Accounting Officer effective April 30, 2026, and remaining on part-time for transition support. J. Michael Grooms has been appointed as the new Senior Vice President & Controller, effective April 6, 2026, and will become Principal Accounting Officer on May 1, 2026. Grooms' compensation package includes a $475,000 annual base salary, a target cash bonus, and significant equity grants.
MAR 31·TradingView→
Tenet appoints J. Michael Grooms as SVP & Controller; R. Scott Ramsey to retire
Tenet Healthcare has appointed J. Michael Grooms as Senior Vice President & Controller, succeeding R. Scott Ramsey who is set to retire on April 30, 2026. Ramsey will continue part-time until March 31, 2028, ensuring a smooth transition. Grooms, who previously served as SVP and Chief Accounting Officer at Lifepoint, will assume the Principal Accounting Officer role effective May 1, 2026, with a base salary of $475,000 and additional compensation details outlined.
FEB 27·Barchart.com▲
How Is HCA Healthcare's Stock Performance Compared to Other Healthcare Providers Stocks?
HCA Healthcare (HCA) has shown robust stock performance, significantly outperforming the iShares U.S. Healthcare Providers ETF (IHF) with a 12.6% YTD gain and 64.4% over 52 weeks. The company, valued at $120.9 billion, attributes its growth to sustained volume, expense management, and strategic investments, including strong Q4 results. Despite its strong showing, competitor Tenet Healthcare Corporation (THC) has seen even greater gains, and analysts maintain a "Moderate Buy" rating for HCA with a modest upside potential.
