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CHS investor calls for CEO Wayne Smith's ouster

CHS investor calls for CEO Wayne Smith's ouster

By Dave Barkholz  |  August 21, 2017

ASL Strategic Value Fund managing director Steven Braverman said Community Health Systems' management has failed to return his phone calls, and the company's operational turnaround has not gotten traction.

Chen's 22% stake in CHS carries clout—with or without a board seat

Chen's 22% stake in CHS carries clout—with or without a board seat

By Dave Barkholz  |  August 17, 2017

Chinese billionaire Tianqiao Chen as recently as February used his 10% stake in Legg Mason to gain two board seats at the asset-management firm, including the vice chairmanship for himself. His designs for CHS haven't been made public but he already carries weight with his holdings.

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