Wayne T.  Smith net worth and biography

Wayne Smith Biography and Net Worth

Wayne Smith serves as the Chairman of our Board of Directors. He has been a member of our Board of Directors since April 1997 and has served as Chairman since 2001. Mr. Smith joined Community Health Systems in January 1997 as President, a position he held until January 2014. From April 1997 through December 2020, he served as Chief Executive Officer. In January 2021, Mr. Smith was named Executive Chairman of the Board, a position he held until he retired as an executive of Community Health Systems effective January 2023.

At the time of his retirement, Mr. Smith was one of the most tenured executives in the healthcare industry. Over the years, he garnered professional recognition from his peers, investors, and the business community. He was named one of the 100 Most Influential People in Healthcare in Modern Healthcare’s peer-voted list for 19 consecutive years. Institutional Investor magazine named Mr. Smith a Top CEO for the healthcare facilities sector multiple times.

Mr. Smith is the past-chair of the board of the Federation of American Hospitals. He is also the past-chair and a former board member of both the Nashville Area Chamber of Commerce and the Nashville Health Care Council and serves on the board of trustees of Auburn University. In addition, his past experience serving on other companies’ boards of directors provides him with insight and experiences to support his leadership of the Company’s Board. He served on the board of directors of Praxair, Inc., a supplier of industrial gases and coatings and related healthcare services and technologies, from July 2001 until its merger with Linde AG in October 2018, with service initially on Praxair’s audit committee and later on its compensation committee (former chair).

Prior to joining Community Health Systems, Mr. Smith was President and Chief Operating Officer of Humana, Inc., where he served in various management positions during his 23 years with that company. Mr. Smith holds bachelor’s and master’s degrees from Auburn University and a master’s degree in healthcare administration from Trinity University.

What is Wayne T. Smith's net worth?

The estimated net worth of Wayne T. Smith is at least $18.52 million as of October 31st, 2023. Mr. Smith owns 5,107,901 shares of Community Health Systems stock worth more than $18,516,141 as of December 5th. This net worth evaluation does not reflect any other assets that Mr. Smith may own. Learn More about Wayne T. Smith's net worth.

How do I contact Wayne T. Smith?

The corporate mailing address for Mr. Smith and other Community Health Systems executives is 4000 MERIDIAN BOULEVARD, FRANKLIN TN, 37067. Community Health Systems can also be reached via phone at (615) 465-7000 and via email at [email protected]. Learn More on Wayne T. Smith's contact information.

Has Wayne T. Smith been buying or selling shares of Community Health Systems?

Wayne T. Smith has not been actively trading shares of Community Health Systems during the past quarter. Most recently, on Tuesday, October 31st, Wayne T. Smith bought 1,000,000 shares of Community Health Systems stock. The stock was acquired at an average cost of $2.11 per share, with a total value of $2,110,000.00. Following the completion of the transaction, the director now directly owns 5,107,901 shares of the company's stock, valued at $10,777,671.11. Learn More on Wayne T. Smith's trading history.

Who are Community Health Systems' active insiders?

Community Health Systems' insider roster includes William Jennings (Director), and Wayne Smith (Director). Learn More on Community Health Systems' active insiders.

Wayne T. Smith Insider Trading History at Community Health Systems

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/31/2023Buy1,000,000$2.11$2,110,000.005,107,901View SEC Filing Icon  
8/1/2022Buy200,000$3.00$600,000.003,259,196View SEC Filing Icon  
8/29/2019Buy1,200,000$1.99$2,388,000.003,132,082View SEC Filing Icon  
5/7/2019Buy993,449$3.37$3,347,923.131,959,566View SEC Filing Icon  
5/3/2019Buy323,084$3.32$1,072,638.881,959,566View SEC Filing Icon  
12/12/2014Sell437,000$51.42$22,470,540.00View SEC Filing Icon  
8/25/2014Sell83,796$51.67$4,329,739.32View SEC Filing Icon  
See Full Table

Wayne T. Smith Buying and Selling Activity at Community Health Systems

This chart shows Wayne T Smith's buying and selling at Community Health Systems by year and by quarter.

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Community Health Systems Company Overview

Community Health Systems logo
Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at primary care practices, urgent care centers, free-standing emergency departments, ambulatory surgery centers, imaging and diagnostic centers, and direct-to-consumer virtual health visits. The company was incorporated in 1996 and is headquartered in Franklin, Tennessee.
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Today's Range

Now: $3.63
Low: $3.53
High: $3.74

50 Day Range

MA: $3.39
Low: $2.91
High: $4.39

2 Week Range

Now: $3.63
Low: $2.24
High: $4.47

Volume

1,985,138 shs

Average Volume

1,868,757 shs

Market Capitalization

$502.14 million

P/E Ratio

1.50

Dividend Yield

N/A

Beta

2