Evans, 38, was most recently CEO of Tenet's Texas region. He has served in a number of management jobs since joining the company in 2004, Tenet said in a release today.
In his new role, Evans will oversee 84 acute-care hospitals, more than 170 hospital-affiliated outpatient facilities, 700 physician practices and other related healthcare services. He will report to CEO Trevor Fetter.
“Eric is an extremely talented executive and operator who has consistently demonstrated the leadership skills needed to drive continued growth in our hospital business,” Fetter said in the release.
Fetter added that Reynolds is helping Evans with the leadership transition. The change is effective immediately.
In a regulatory filing today, Tenet said Evans will earn an annual base salary of $650,000 and be eligible for an annual bonus of up to $650,000.
In addition, Evans will receive restricted stock units having a grant date value of $500,000, which will vest in equal installments over a three-year period, as well as performance-based restricted stock units having a grant date value of $500,000.
The vesting of the performance-based stock units is contingent upon Tenet meeting its performance goals for the three-year period that ends on Dec. 31, 2018, the filing said.