Allen J. Lauer Elected Chairman of the Board of Varian, Inc.Business Editors/Health & Medical Writers BIOWIRE2K PALO ALTO, Calif.--(BW HealthWire)--Feb. 7, 2002 The Board of Directors of Varian, Inc. (Nasdaq:VARI Va´ri n. 1. (Zool.) The ringtailed lemur (Lemur catta) of Madagascar. Its long tail is annulated with black and white. ) has elected the company's current president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Allen J. Lauer Allen J. Lauer is the Chairman of Varian, Inc., an $843 million dollar company specializing in scientific instruments and vacuum technologies. He has also served as the Chief Executive Officer and President of Varian, Inc. from 1999 to 2003. , 64, Chairman of the Board. He replaces D.E. (Ned) Mundell, 70, who retired from the board upon expiration of his term at today's annual meeting of the stockholders. Lauer will continue as the company's chief executive officer. "Since Varian, Inc. was spun out of Varian Associates in 1999, Al Lauer has kept the company focused on profitable growth opportunities, and the company's market capitalization has grown approximately 300 percent," said Mundell. "We have been very fortunate to have a chairman of Ned's caliber to advise us since our spin out as an independent company," said Lauer. "His experience in managing companies and service on several boards has been a real asset." Lauer joined Varian Associates, Inc. (Varian, Inc.'s predecessor company) in 1965 and held numerous management positions including executive vice president of its Instruments business; corporate vice president of manufacturing; and general manager of two of its business units: vacuum products, and power grid and X-ray tubes. He received a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in electrical engineering from Stanford University and a master's degree in business from the University of California at Berkeley (body, education) University of California at Berkeley - (UCB) See also Berzerkley, BSD. http://berkeley.edu/. Note to British and Commonwealth readers: that's /berk'lee/, not /bark'lee/ as in British Received Pronunciation. . He has served on the board of directors of the American Electronics Association The American Electronics Association (now known as AeA) is a nationwide non-profit trade association that represents all segments of the technology industry in the United States. and of the Analytical and Life Science Systems Association (ALSSA). He also served as chairman of the ALSSA board for two separate terms. Varian, Inc. (Nasdaq: VARI) is a major supplier of scientific instruments, vacuum technologies, and specialized contract electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). . These businesses serve life science, health care, chemical analysis, industrial, and electronics customers worldwide. The company manufactures in 14 locations in North America, Europe, and the Pacific Rim and employs some 4,100 people. Varian, Inc. had fiscal year 2001 sales of $749 million. Additional information about Varian, Inc. is available at www.varianinc.com. |
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