Expert Perspective from Grahall’s OmmiMedia Editorial Board
In his January 14, 2011 article for the New York Times Deal Book (Community Health Seeks to Oust Tenet’s Board) Michael J. De La Merced quotes Community Health Care’s chairman and chief executive, Wayne T. Smith, as saying: “Tenet’s highly paid board has clearly demonstrated its entrenchment” when Tenet’s board rejected Community’s “$6-a-share cash-and-stock bid as undervalued…”. So we asked ourselves, are Tenet’s board members really “highly paid”?
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