For-profit hospital chain Tenet Healthcare announced on monday that CEO Ron Rittenmeyer will step down at the end of the month.
Dr. Saum Sutaria, the company’s chief operating officer, will become its chief executive officer as of September 1. Rittenmeyer will continue to serve as executive chairman of the Tenet board until 2022.
Sutaria joined Tenet in January 2019 as Chief Operating Officer. He was promoted to president later that year and appointed to the company’s board of directors in 2020. Prior to that, he worked at McKinsey & Co. for 18 years, where he led the healthcare and private equity practices. He earned his medical degree from the University of California, San Diego and completed his graduate training at the University of California, San Francisco, where he previously served as an associate member of the clinical faculty.
“Over the past few years, Saum and I have worked closely together through extraordinary times, including COVID, and at every step, he has continued to demonstrate excellent leadership in crafting the right strategic and tactical path,” Rittenmeyer said in a statement.