01—Abstract
Summary
Summary of the 8-K filed April 10, 2026. Cited figures are marked; the original filing is the authoritative source.
Tenet Healthcare Corporation (THC) filed this Form 8-K on April 10, 2026 to report an executive transition under Item 5.02.
On April 9, 2026, the Company and Paola Arbour entered into a Retirement Transition Agreement and General Release. Ms. Arbour, Executive Vice President and Chief Information Officer, will retire from that role effective December 31, 2026, but will remain employed on a part-time, non-executive basis through April 1, 2028 to provide transition services and support. Under the agreement, Ms. Arbour will receive a weekly salary of $820a from the end of her full-time employment through April 1, 2028.
She remains eligible for a 2026 bonus under the Company's Annual Incentive Plan but will not be eligible for a 2027 bonus. Her outstanding equity awards will continue to vest according to their terms, and she will keep access to medical, dental and prescription benefits. She will also continue to vest and receive service credit under the Company's Executive Retirement Account through April 1, 2028.
The agreement includes a general release of claims in favor of the Company and requires Ms. Arbour to provide a confirming release on April 1, 2028. The full agreement is filed as Exhibit 10.1.
02—Key points
Key Highlights
- Paola Arbour, Executive Vice President and Chief Information Officer, will retire from that role effective December 31, 2026.
- Ms. Arbour will remain employed part-time in a non-executive role through April 1, 2028 to provide transition services and support.
- Weekly salary of $820 paid from the end of full-time employment through April 1, 2028.
- Eligible for a 2026 bonus under the Annual Incentive Plan, but not eligible for any 2027 bonus.
- Outstanding equity awards continue to vest per their terms; benefits eligibility and Executive Retirement Account vesting and service credit continue through April 1, 2028.
- The agreement, dated April 9, 2026, includes a general release of claims and a confirming release due April 1, 2028.
- The full Retirement Transition Agreement and General Release is filed as Exhibit 10.1.
03—Questions
Frequently Asked Questions
Who is leaving their role, and when does the retirement take effect?
Paola Arbour, Executive Vice President and Chief Information Officer, will retire from that role effective December 31, 2026.
Will Ms. Arbour continue to work for the Company after she retires from her executive role?
Yes. She will remain employed on a part-time basis in a non-executive role through April 1, 2028 to provide continuing transition services and support.
How will Ms. Arbour be compensated during the transition period?
She will receive a weekly salary of $820 from the date her full-time employment ends through April 1, 2028. She remains eligible for a 2026 bonus under the Annual Incentive Plan but will not be eligible for a 2027 bonus.
What happens to her equity awards and benefits?
Her outstanding equity awards will continue to vest according to their terms. She remains eligible for medical, dental and prescription benefits, and she will continue to vest and receive service credit under the Company's Executive Retirement Account through April 1, 2028.
Does the agreement include a release of claims?
Yes. The agreement includes a general release of claims in favor of the Company, and Ms. Arbour must provide a confirming release of claims on April 1, 2028.
04—Continue