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Trevor Fetter

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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.
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BUSINESS
March 17, 2004 | Lisa Girion, By Lisa Girion Times Staff Writer
Tenet Healthcare Corp. Chief Executive Trevor Fetter on Tuesday sought to dispel any idea that the nation's second-largest hospital chain faced a liquidity crunch and said its financial problems could be repaired. Tenet's stock has slid significantly in the last week after it cut a new deal with lenders that required the Santa Barbara-based company to pledge capital stock in its hospital subsidiaries and slashed its credit line to $500 million in cash loans.
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BUSINESS
November 12, 2003 | Debora Vrana, Times Staff Writer
Tenet Healthcare Corp.'s new chief executive, Trevor Fetter, did some apologizing Tuesday for the company's past behavior. "Something went very wrong at Tenet," Fetter said, adding that the Santa Barbara-based hospital chain had been an "arrogant company." But he blamed Tenet's problems on its former executives, not the company's hospitals. Fetter spoke to financial analysts a day after Tenet posted a $308-million third-quarter loss as it significantly increased its reserves for bad debts.
BUSINESS
November 12, 2003 | Debora Vrana, Times Staff Writer
Tenet Healthcare Corp.'s new chief executive, Trevor Fetter, did some apologizing Tuesday for the company's past behavior. "Something went very wrong at Tenet," Fetter said, adding that the Santa Barbara-based hospital chain had been an "arrogant company." But he blamed Tenet's problems on its former executives, not the company's hospitals. Fetter spoke to financial analysts a day after Tenet posted a $308-million third-quarter loss as it significantly increased its reserves for bad debts.
BUSINESS
August 26, 2003 | Ronald D. White, Times Staff Writer
Tenet Healthcare Corp. announced on Monday a $550-million deal to sell five hospitals, underscoring the company's departure from an aggressive growth strategy. Less than a year ago, Santa Barbara-based Tenet was a finalist to buy a 14-hospital chain based in Kansas City, Mo., an acquisition that would have made Tenet the dominant player in a prime Midwest market. Now, Tenet plans to sell 12 hospitals and close two others by year's end to pare debt. The sale announced Monday -- to Naples, Fla.
BUSINESS
March 17, 2004 | Lisa Girion, By Lisa Girion Times Staff Writer
Tenet Healthcare Corp. Chief Executive Trevor Fetter on Tuesday sought to dispel any idea that the nation's second-largest hospital chain faced a liquidity crunch and said its financial problems could be repaired. Tenet's stock has slid significantly in the last week after it cut a new deal with lenders that required the Santa Barbara-based company to pledge capital stock in its hospital subsidiaries and slashed its credit line to $500 million in cash loans.
BUSINESS
August 5, 2003 | From Times Staff and Wire Reports
Tenet Healthcare Corp., the nation's second-largest hospital operator, said Monday that it was strengthening its compliance team. The Santa Barbara-based company, which has 40 hospitals and 35,000 employees in California, has been the subject of several regulatory investigations into its billing and recruiting practices Tenet named Cheryl Wagonhurst, 43, its chief compliance officer. She will oversee a 40-person team that will include clinicians, accountants and legal experts.
BUSINESS
December 11, 2004 | From Associated Press
Tenet Healthcare Corp., the nation's second-largest for-profit hospital chain, will complete its headquarters move to Dallas on Jan. 3, the company said Friday. Chief Executive Trevor Fetter and other senior executives will move next month. Operations at the Santa Barbara office will wind down until it closes June 30, the company said. Fewer than 30 of Tenet's 115 employees in Santa Barbara will make the move to Dallas.
NEWS
January 15, 1999 | Bloomberg News
Tenet Healthcare Corp., the second-largest U.S. hospital operator, said Michael H. Focht Sr. will retire as president and chief operating officer by May 31, and his job will be divided between two executive vice presidents. Focht, 56, will remain on Tenet's board. Trevor Fetter, 39, executive vice president and chief financial officer, and Thomas B. Mackey, 50, executive vice president for operations in the Western U.S., will share responsibilities within the office of president.
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
August 26, 2003 | Ronald D. White, Times Staff Writer
Tenet Healthcare Corp. announced on Monday a $550-million deal to sell five hospitals, underscoring the company's departure from an aggressive growth strategy. Less than a year ago, Santa Barbara-based Tenet was a finalist to buy a 14-hospital chain based in Kansas City, Mo., an acquisition that would have made Tenet the dominant player in a prime Midwest market. Now, Tenet plans to sell 12 hospitals and close two others by year's end to pare debt. The sale announced Monday -- to Naples, Fla.
BUSINESS
October 21, 1988 | AL DELUGACH, Times Staff Writer
The new managers of MGM/UA Communications announced a $100-million licensing agreement Thursday for use of selected current, future and past theatrical films and television product by two major British broadcasters. They are British Broadcasting Corp. and British Satellite Broadcasting. Although the revenue will be generated over a six-year period, a significant advance payment is involved, according to Trevor Fetter, MGM/UA senior vice president. He declined to specify the amount.
BUSINESS
September 23, 2003 | From Dow Jones/Associated Press
Tenet Healthcare Corp. granted newly appointed Chief Executive and President Trevor Fetter stock options to buy 350,000 shares, according to a filing Monday with the Securities and Exchange Commission. Fetter had been acting CEO of the Santa Barbara-based hospital chain since May, when then-CEO Jeffrey Barbakow resigned under pressure from the board. Tenet announced Sept. 16 that Fetter had been hired to fill the post permanently.
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