Cantel Medical Corp. Announces Search for President And CEO To Succeed James P. Reilly upon Retirement on July 31, 2007.LITTLE FALLS, N.J. -- CANTEL MEDICAL CORP. (NYSE NYSE See: New York Stock Exchange :CMN CMN Common CMN Children's Miracle Network (since 1983; Salt Lake City, Utah) CMN Certificate of Medical Necessity CMN Canadian Museum of Nature CMN Community Mapping Network CMN Common Information ). Charles M. Diker dike 1 also dyke n. 1. a. An embankment of earth and rock built to prevent floods. b. Chiefly British A low wall, often of sod, dividing or enclosing lands. 2. , Chairman of the Board of Directors, has announced that the Board has formed a search committee and retained an executive search firm to identify a successor to James P. Reilly, 66, President and Chief Executive Officer, who has advised the Board that he will retire upon the expiration of his employment agreement on July 31, 2007. Mr. Reilly indicated that if a successor is appointed prior to July 31, 2007, he will step down at that time. Following his retirement, Mr. Reilly will provide part-time consulting services to the Company for a five-year period, as contemplated by the terms of his employment agreement. Cantel Medical Corp. is a leading provider of infection prevention and control products in the healthcare market. Our products include specialized medical device reprocessing Reprocessing may refer to:
Examination of the body's interior through an instrument inserted into a natural opening or an incision, usually as an outpatient procedure. Endoscopes include the upper gastrointestinal endoscope (for the esophagus, stomach, and duodenum), the colonoscope (for the , dialysate dialysate /di·al·y·sate/ (di-al´i-sat) the fluid and solutes in a dialysis process that flow through the dialyzer, do not pass through the membrane, and are discarded along with removed toxic substances after leaving the dialyzer. concentrates and other dialysis supplies, disposable infection control products primarily for the dental industry, water purification equipment, sterilants, disinfectants and cleaners, hollow fiber membrane filtration and separation products for medical and non-medical applications, and specialty packaging for infectious and biological specimens. We also provide technical maintenance for our products and offer compliance training services for the transport of infectious and biological specimens. This press release contains forward-looking statements. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's filings and reports with the Securities and Exchange Commission. Such statements are only predictions, and actual events or results may differ materially from those projected. In addition, there can be no assurance the Company will succeed at identifying, selecting and hiring a new 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. that is satisfactory to the Company within a reasonable time frame. |
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