VAREX IMAGING CORPORATION (NASDAQ:VREX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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VAREX IMAGING CORPORATION (NASDAQ:VREX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02

Departure of Directors of Certain Officers; Election of
Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
On March 30, 2017, the Board of Directors (the Board) of Varex
Imaging Corporation (the Company) approved the appointment of
Jocelyn D. Chertoff, MD, to the Board, effective April 3, 2017.
Dr. Chertoff is Chair of the Department of Radiology and
Professor of Radiology and Obstetrics and Gynecology at Dartmouth
Hitchcock Medical Center. She is also Vice President of the
Regional Radiology Service Line, Director of Gastrointestinal
Radiology, and Assistant Medical Director for Medical Staff
Affairs.
Dr. Chertoff will serve on the Compensation and Management
Development Committee and the Nominating and Corporate Governance
Committee of the Board. There are no current or proposed
transactions with the Company for which disclosure is required
under Item 404(a) of Regulation S-K.
In accordance with the Companys current program for compensation
of non-employee directors, Dr. Chertoff will receive an annual
cash retainer in the amount of $65,000, $8,000 for service on the
Compensation Management Development Committee, and $7,000 for
service on the Nominating Corporate Governance Committee. In
addition, Dr. Chertoff will be granted equity compensation in the
form of shares of the Companys common stock having a value of
$160,000 as of the date of grant.
On April 3, 2017, the Company issued a press release regarding
the appointment of Dr. Chertoff to the Board, a copy of which is
attached as Exhibit 99.1 and incorporated by reference.
Item 9.01
Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release data April 3, 2017


About VAREX IMAGING CORPORATION (NASDAQ:VREX)

Varex Imaging Corporation is a supplier of medical X-ray tubes and image processing solutions. The Company’s segments include Medical and Industrial. The X-ray imaging system manufacturers use the Company’s components for medical imaging, cargo screening and border security, to detect, diagnose and protect. The Medical business segment designs, manufactures, sells and services X-ray imaging components for use in a range of applications, including radiographic or fluoroscopic imaging, mammography, special procedures, computed tomography, radiation therapy and computer-aided detection. The Industrial business segment designs, manufactures, sells and services products for use in security and industrial inspection applications, such as cargo screening at ports and borders and non-destructive examination in a range of applications.

VAREX IMAGING CORPORATION (NASDAQ:VREX) Recent Trading Information

VAREX IMAGING CORPORATION (NASDAQ:VREX) closed its last trading session down -0.40 at 33.20 with 178,423 shares trading hands.