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Saturday, November 28, 2009, 9:17AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Varian Medical Systems Inc. (VAR)On Nov 27: 46.83  Down 0.61 (1.29%)  
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Varian Medical Systems Inc.
3100 Hansen Way
Palo Alto, CA 94304-1038
United States - Map
Phone: 650-493-4000
Fax: 650-424-6822
Web Site: http://www.varian.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Healthcare
Industry:Medical Appliances & Equipment
Full Time Employees:5,100

BUSINESS SUMMARY 
Varian Medical Systems, Inc., together with its subsidiaries, provides cancer therapy systems and X-ray products worldwide. The company’s Oncology Systems segment designs, manufacturers, sells, and services hardware and software products for treating cancer. Its product line includes linear accelerators, brachytherapy afterloaders, treatment simulation, verification equipment, and accessories; as well as information management, treatment planning, and image processing software. This segment serves university research and community hospitals, private and governmental institutions, healthcare agencies, physicians’ offices, and cancer care clinics. Its X-ray Products segment designs, manufactures, and sells x-ray tubes for use in a range of applications, including computed tomography, scanning, radiographic or fluoroscopic imaging, mammography, special procedures, and industrial applications; and flat panel digital image detectors for filmless x-ray imaging. This segment sells these products to imaging systems original equipment manufacturers that incorporate them into their medical diagnostic, dental, veterinary, IGRT, and industrial imaging systems; and directly to end-users for replacement purposes. The company also designs, manufactures, sells, and services Linatron x-ray accelerators, imaging processing software, and image detection products for security and inspection purposes, such as cargo screening at ports and borders, and nondestructive examination in various applications. In addition, it develops products and systems for delivering proton therapy; and technologies in the areas of digital X-ray imaging technology, volumetric and functional imaging, improved X-ray sources, and technology for security and cargo screening applications. The company was formerly known as Varian Associates, Inc. and changed its name to Varian Medical Systems, Inc. in April 1999. Varian Medical Systems, Inc. was founded in 1948 and is headquartered in Palo Alto, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Varian Medical Systems Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 61.1% of S&P 500 companies and 91.9% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Timothy E. Guertin , 60
    Chief Exec. Officer, Pres and Exec. Director
    $ 2.50M $ 6.85M
    Ms. Elisha W. Finney , 47
    Chief Financial Officer and Corp. Sr. VP of Fin.
    $ 1.29M $ 3.72M
    Mr. Robert H. Kluge , 63
    Corp. Sr. VP and Pres of X-Ray Products
    $ 808.00K $ 10.14M
    Mr. Dow R. Wilson , 45
    Corp. Exec. VP and Pres of Oncology Systems
    $ 1.84M $ 142.00K
    Mr. John W. Kuo , 46
    Corp. VP, Corp. Sec. and Gen. Counsel
    $ 764.00K $ 1.07M
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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