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Tenet Changes Course

Stock quotes in this article: THC  

A doctor will soon oversee Tenet's (THC Quote) operations.

Stephen Newman, a physician who has led recovery efforts in Tenet's California division, will take over as the company's operating chief on Jan. 1. Newman replaces Reynold Jennings, who has struggled to mend the hospital chain for nearly three years.

Jennings will stay on as vice chairman through mid-2007, aiding Newman with the transition, and then leave the company altogether. Jennings is 60, four years older than his chosen successor. ...

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