The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.
Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years. And I'll start with the large Texas Non-Oil & Gas Companies.
The 40th Texas Non-Oil & Gas Company I am addressing here is Tenet Healthcare.
From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart at the bottom below shows Tenet Healthcare's Top-Tier Executives Annual Total Compensation for each of two consecutive substantially full years of employment for the past ten years.
Tenet Healthcare's Top-Tier Executives Average Pay Raise was a robust 10.3% per year for the past ten years, which is the 33rd highest of the 40 large Texas Non-Oil & Gas Companies I have addressed so far.
- Copart +183.2% per year for the past ten years
- Q2 Holdings +180.3% per year for the past five years
- SolarWinds +114.4% per year for seven of the past ten years
- Nexstar Media Group +102.9% per year for the past ten years
- Reata Pharmaceuticals +99.5% per year for the past four years
- American Airlines Group +85.9% per year for nine of the past ten years
- Helen of Troy +84.4% per year for the past ten years
- Invitation Homes +78.6% per year for the past two years
- Tyler Technologies +61.2% per year for the past ten years
- Wingstop +54.2% per year for the past four years
- Vistra Energy +50.6% in the past year
- Rackspace Holdings +50.2% per year for seven of the past ten years
- LyondellBasell +45.9% per year for the past eight years
- RealPage +29.2% per year for the past nine years
- Celanese +27.8% per year for the last ten years
- National Instruments +25.5% per year for the last ten years
- Yum China Holdings +23.8% per year for the past 5 years
- D R Horton +20.1% per year for the past ten years
- Dell Technologies +18.8% per year for seven of the past ten years
- Sysco +18.7% per year for the past ten years
- Waste Connections +18.1% per year for the past ten years
- Cirrus Logic +18.0% per year for the past ten years
- Southwest Airlines +18.0% per year for the past ten years
- Sabre Corp +17.7% per year for the past five years
- Huntsman Corp +17.3% per year for the past ten years
- Westlake Chemical +16.1% per year for the past ten years
- El Paso Electric Co +15.5% per year for the past ten years
- American Campus Communities REIT +15.4% per year for the past ten years
- Atmos Energy +14.4% per year for the past ten years
- AT&T +13.8% per year for the past ten years
- Waste Management +13.2% per year for the past ten years
- Match Group +12.2% per year for the past six years
- Tenet Healthcare +10.3% per year for the past ten years
- Jacobs Engineering Group +8.7% per year for the past ten years
- Texas Instruments +7.2% per year for the past ten years
- Cullen/Frost Bankers +6.9% per year for the past ten years
- Crown Castle International +6.3% per year for the past ten years
- Kimberly-Clark +5.8% per year for the past ten years
- CenterPoint Energy +5.8% per year for the past ten years
- Lennox international +5.4% per year for the past ten years
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | ||||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | ||||||
Tenet Healthcare | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | |||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | |||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | |||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | ||||||
Ron Rittenmeyer CEO | N/A | N/A | |||||||||||||
Dan Cancelmi CFO | 3,027 | 3,403 | 3,403 | 4,110 | 4,110 | 4,637 | 4,637 | 8,782 | 8,782 | 3,108 | |||||
Keith Pitts Vice Chairman | 13,684 | 4,618 | 4,618 | 5,392 | 5,392 | 6,989 | 6,989 | 8,566 | N/A | N/A | |||||
Eric Evans Former President Hosp Ops | 2,944 | 3,010 | 3,010 | 2,630 | |||||||||||
Audrey Andrews General Counsel | 2,301 | 2,678 | 2,678 | 2,802 | 2,802 | 2,698 | 2,698 | 4,943 | 4,943 | 1,488 | |||||
Trevor Fetter Former CEO | N/A | N/A | 12,386 | 15,354 | 15,354 | 17,950 | 17,950 | 22,734 | |||||||
Britt Reynolds Former President Hosp Ops | 4,741 | 6,537 | 6,537 | 3,418 | |||||||||||
Totals | 21,956 | 13,709 | 13,709 | 14,934 | 24,690 | 29,678 | 34,419 | 46,778 | 38,212 | 30,748 | |||||
Annual % Change vs Prior Year | 60.2% | -8.2% | -16.8% | -26.4% | 24.3% | ||||||||||
5 Year Average Per Year % Change | 6.6% | ||||||||||||||
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | ||||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | ||||||
Texas Company | 2013 | 2012 | 2012 | 2011 | 2011 | 2010 | 2010 | 2009 | 2009 | 2008 | |||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | |||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | |||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | ||||||
Dan Cancelmi CFO | 3,108 | 3,275 | |||||||||||||
Keith Pitts Vice Chairman | N/A | N/A | |||||||||||||
Audrey Andrews General Counsel | N/A | N/A | |||||||||||||
Trevor Fetter Former CEO | 22,734 | 11,240 | 11,240 | 10,740 | 10,740 | 12,243 | 12,243 | 10,701 | 10,701 | 11,144 | |||||
Britt Reynolds Former President Hosp Ops | 3,418 | 4,749 | |||||||||||||
Gary Ruff Former General Counsel | 2,336 | 1,788 | 1,788 | 1,524 | 1,524 | 1,288 | 1,288 | 812 | |||||||
Cathy Fraser SVP Human Resources | 1,418 | 1,255 | 1,255 | 1,347 | 1,347 | 1,223 | 1,223 | 1,125 | |||||||
Biggs Porter Former CFO | N/A | N/A | 3,177 | 3,434 | 3,434 | 2,945 | 2,945 | 2,759 | |||||||
Stephen Newman Former COO | 4,842 | 5,506 | 5,506 | 4,764 | 4,764 | 4,369 | |||||||||
Totals | 29,260 | 19,264 | 14,994 | 13,783 | 21,802 | 24,054 | 24,054 | 20,921 | 20,921 | 20,209 | |||||
Annual % Change vs Prior Year | 51.9% | 8.8% | -9.4% | 15.0% | 3.5% | ||||||||||
5 Year Average Per Year % Change | 14.0% | ||||||||||||||
10 Year Average Per Year % Change | 10.3% |