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Edward A Kangas

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BUSINESS
July 23, 2003 | Debora Vrana and Ronald D. White, Times Staff Writers
Seeking to restore its reputation, Tenet Healthcare Corp. on Tuesday tapped an independent director to be chairman. The nation's second-largest hospital chain named Edward A. Kangas, a former chairman and chief executive of accounting giant Deloitte Touche Tohmatsu, to replace Jeffrey Barbakow, who stepped down as Tenet's chairman and CEO this spring under shareholder pressure.
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BUSINESS
May 7, 2004 | Lisa Girion, Times Staff Writer
When Tenet Healthcare Corp. Chairman Edward Kangas opened the company's shareholder meeting to questions from the floor Thursday, he sounded a bit like a teacher instructing rowdy preschool children anxious to hit the play yard. Kangas, chairman of the nation's second-largest hospital chain for less than 24 hours, beseeched the dozen or so shareholders in attendance to form a line behind the microphone and take turns.
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BUSINESS
May 7, 2004 | Lisa Girion, Times Staff Writer
When Tenet Healthcare Corp. Chairman Edward Kangas opened the company's shareholder meeting to questions from the floor Thursday, he sounded a bit like a teacher instructing rowdy preschool children anxious to hit the play yard. Kangas, chairman of the nation's second-largest hospital chain for less than 24 hours, beseeched the dozen or so shareholders in attendance to form a line behind the microphone and take turns.
BUSINESS
July 23, 2003 | Debora Vrana and Ronald D. White, Times Staff Writers
Seeking to restore its reputation, Tenet Healthcare Corp. on Tuesday tapped an independent director to be chairman. The nation's second-largest hospital chain named Edward A. Kangas, a former chairman and chief executive of accounting giant Deloitte Touche Tohmatsu, to replace Jeffrey Barbakow, who stepped down as Tenet's chairman and CEO this spring under shareholder pressure.
BUSINESS
November 10, 1988
Edward A. Kangas, 44, managing partner and chief executive of the international accounting firm Touche Ross, has been reelected by the firm's partners to a three-year term. Daniel J. Kelly, 52, was reelected chairman.
BUSINESS
April 25, 2003 | Ronald D. White
Santa Barbara-based hospital chain Tenet Healthcare Corp. said Edward A. Kangas, 58, former chief executive of Deloitte Touche Tohmatsu, has been added to the company's board. Four of Tenet's most senior board members are planning to step down, and by year's end the company expects to have a 10-member board that is free of Tenet executives.
BUSINESS
September 17, 2003 | Debora Vrana, Times Staff Writer
Santa Barbara-based Tenet Healthcare Corp. on Tuesday tapped Trevor Fetter, a longtime company insider, to head the nation's second-largest hospital chain. Fetter, 43, was named chief executive and a director, becoming the only member of management to serve on the company's 10-person board. A former chief financial officer at Tenet who rejoined the firm last fall, Fetter had been acting chief executive since former CEO Jeffrey A. Barbakow resigned in May.
BUSINESS
May 28, 2003 | Debora Vrana, Times Staff Writer
Jeffrey C. Barbakow, Tenet Healthcare Corp.'s chief executive for the last decade, resigned Tuesday from the Santa Barbara-based company, which has been hard hit by government investigations of its hospitals. Trevor Fetter, Tenet's 43-year-old president, assumed Barbakow's duties. Tenet said it was looking for a permanent replacement, and Fetter is regarded as a strong candidate for the CEO job. Barbakow's departure wasn't a complete surprise.
BUSINESS
July 7, 1989 | BRUCE KEPPEL, Times Staff Writer
Two of the nation's largest accounting firms announced Thursday that they have agreed in principle to combine operations, and two even bigger concerns began formal merger talks. If both deals succeed, the so-called Big Eight accounting firms would shrink to five multibillion-dollar giants in an effort to serve better their growing multinational clients in today's global economy. "The pressure is for bigness as marketplaces internationalize," said Robert Crane, editor of Accounting Today.
BUSINESS
July 24, 2003 | Ronald D. White, Times Staff Writer
Disgruntled shareholders and protesting staff nurses dominated Tenet Healthcare Corp.'s annual shareholders meeting in Los Angeles on Wednesday, where new Chairman Edward A. Kangas vowed to quickly name a new chief executive and get the troubled hospital company back on track. Tenet stock has plummeted more than 75% since Oct. 28, when a financial analyst first questioned the company's Medicare billing practices.
BUSINESS
July 27, 2003 | From Times Staff
House Votes to Restore Media Ownership Cap The House of Representatives, in a sharp rebuke to the Federal Communications Commission, passed a measure that would keep television broadcasters from owning stations that reach more than 35% of the nation's viewers. The 400-21 vote on a spending bill showed growing discontent with a recent move by the FCC to relax decades-old restrictions on media conglomerates.
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