Home/Filings/8-K/0001683168-26-000190
8-K//Current report

RadNet, Inc. 8-K

Accession 0001683168-26-000190

$RDNTCIK 0000790526operating

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 4:15 PM ET

Size

217.1 KB

Accession

0001683168-26-000190

Research Summary

AI-generated summary of this filing

Updated

RadNet, Inc. Announces Executive Promotions and Salary Increases

What Happened
RadNet, Inc. (RDNT) announced on January 7, 2026 (8‑K filed Jan 9, 2026) promotions to expand its executive leadership and approved adjustments to executive base salaries. Effective immediately, Stephen M. Forthuber was promoted to President and Chief Executive Officer, Eastern Operations; Norman R. Hames was promoted to President and Chief Executive Officer, Western Operations; and Mital Patel was promoted to Executive Vice President and Chief Operating Officer. A press release also noted a promotion for Dr. Greg Sorensen, M.D. The Compensation Committee approved the salary changes on January 6, 2026.

Key Details

  • Promotions and roles: Stephen M. Forthuber → President & CEO, Eastern Operations; Norman R. Hames → President & CEO, Western Operations; Mital Patel → EVP & COO. (Biographies incorporated by reference to RadNet’s 4/28/2025 proxy.)
  • New annual base salaries (effective January 1, 2026): Forthuber $950,000; Hames $950,000; Patel $925,000. Other executives with approved changes include Mark D. Stolper (EVP & CFO) $850,000 and Cornelis Wesdorp (President & CEO, Digital Health) $850,000.
  • Radnet Management, Inc. (RMI), a RadNet subsidiary, intends to amend existing executive employment agreements to reflect the new base salaries; all other contract terms remain unchanged. Full amendment texts will be filed with the Company’s 2025 Form 10‑K.
  • The Company attached a press release (Exhibit 99.1) dated January 7, 2026 announcing these promotions.

Why It Matters
These changes signal management continuity and a reorganization of regional and operations leadership at RadNet, with modest increases in executive compensation approved by the Compensation Committee. For investors, the filing is material because it updates who runs key parts of the business (Eastern/Western operations and COO responsibilities) and discloses the agreed compensation increases that will affect executive expense going forward. The formal amended employment agreements and full details will appear in RadNet’s upcoming 2025 Form 10‑K.