Jeb Bush steps down from Tenet Healthcare Corp. board

Considering a presidential run, Jeb Bush will resign from the board of Tenet Healthcare Corp., where he has been a director since 2007. The health care company supported President Obama's Affordable Care Act which Bush has called 'flawed to its core.' 

Susan Walsh/AP/File
Former Florida Gov. Jeb Bush gives the keynote address at the National Summit on Education Reform in Washington Nov. 20. On Dec. 16, Bush took his most definitive step yet toward running for president, announcing plans to 'actively explore' a campaign and form a new political operation allowing him to raise money for like-minded Republicans.

As he takes steps toward a presidential run, Jeb Bush is resigning from the board of Tenet Healthcare Corp.

The health care company said in a regulatory filing Wednesday that the former Florida governor told Tenet's board of directors that he would step down at the end of the year. Bush has been a director since 2007.

The move comes as Bush explores a presidential run and unwinds some of his business commitments. A Bush spokesman said last week that the potential Republican contender will leave his advisory role with British banking giant Barclays by Dec. 31.

Bush's ties to Tenet, as well as other financial firms, could complicate a potential campaign. The health care giant supported and promoted President Barack Obama's health care law, which remains deeply unpopular among the conservative activists who play an outsized role in presidential primaries.

Bush, however, has been a vocal opponent of the health care measure, calling it "flawed to its core."

In its filing this week, Tenet noted that Bush is "not resigning on account of any disagreement" with the company.

Advisers have long said that Bush would review his business ties should he run for president. Opposition researchers in both parties have already begun sifting through his connections seeking fodder for attack.

According to corporate filings, Bush sits on the boards of three other companies — Rayonier Inc., Empower Software Solutions and CorMatrix Cardiovascular Inc. — and is chairman and manager of Britton Hill Holdings, a Florida-based private equity and business advisory group.

While some strategists have said Bush's private-equity work could open him to some of the same criticisms that dogged the GOP's last presidential nominee, business executive and former Massachusetts Gov. Mitt Romney, Bush himself has said his business record would be an asset in a campaign.

"We're creating jobs. We're expanding business. I'm not ashamed of that at all," Bush said of his private-equity work in a recent interview with ABC's Miami affiliate WPLG-TV. "I think that practical experience is something that might be useful in Washington, D.C., to be honest with you."

You've read  of  free articles. Subscribe to continue.

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to

QR Code to Jeb Bush steps down from Tenet Healthcare Corp. board
Read this article in
QR Code to Subscription page
Start your subscription today