Varian Medical Systems Board of Directors Elects Mark R. Mohler to Corporate Treasurer | Varian

Varian Medical Systems Board of Directors Elects Mark R. Mohler to Corporate Treasurer

PALO ALTO, Calif.--(BUSINESS WIRE)--Dec. 3, 2001--Varian Medical Systems (NYSE:VAR) today announced the election by its board of directors of Mark R. Mohler as corporate treasurer for the company. Mohler, 44, is responsible for domestic and international cash management, foreign exchange and derivatives, corporate finance, credit, receivables, stock administration and travel for the company.

"Mark Mohler has broad experience and proven capabilities in international finance, mergers and acquisitions activity, foreign exchange management, and other critical corporate management issues," said Elisha W. Finney, chief financial officer for Varian Medical Systems. "We are confident that Mark will be a highly effective manager and valued contributor to our company's financial operations."

Mohler comes to Varian Medical Systems with experience as corporate treasurer of Palm, Inc., from 2000 to 2001, and vice president of treasury at Oracle Corporation from 1996 to 2000. He also served as an assistant vice president at Citicorp N.A., international treasury manager for The ASK Group, Inc., and manager of foreign exchange in North America for Aluminum Company of America (ALCOA).

Mohler earned a B.A. degree in economics from DePauw University in 1979 and an M.S. in information science from the University of Pittsburgh in 1981.

Varian Medical Systems, Inc., (NYSE:VAR) of Palo Alto, Calif., is the world's leading manufacturer of integrated cancer therapy systems, which are treating thousands of patients per day. The company is also a premier supplier of X-ray tubes and flat-panel digital subsystems for imaging in medical, scientific, and industrial applications. Varian Medical Systems employs approximately 2,570 people who are located at manufacturing sites in North America and Europe and in its 50 sales and support offices around the world. In its most recent fiscal year ended September 28, 2001, Varian Medical Systems reported sales of $774 million. Additional information is available on the company's investor relations Web site at www.varian.com.

CONTACT:
Varian Medical Systems
Spencer Sias, 650/424-5782