VARIAN MEDICAL SYSTEMS, INC. (NYSE:VAR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

Resignation of Directors

In connection with the Distribution (as defined below), each of
Ruediger Naumann-Etienne and Erich R. Reinhardt submitted their
resignations as directors of Varian Medical System Inc. (Varian),
in each case effective as of, and contingent upon, the completion
of the Distribution, in connection with their expected
appointment to the board of directors of Varex Imaging
Corporation.

Composition of the Varian Board

Following the Distribution, the board of directors of Varian is
expected to consist of Susan L. Bostrom, Judy Bruner, Regina E.
Dugan, R. Andrew Eckert, Timothy E. Guertin, David J.
Illingworth, Mark R. Laret and Dow R. Wilson.

In addition, following the Distribution, the composition of the
Audit Committee, Compensation and Management and Development
Committee, Ethics and Compliance Committee, Nominating and
Corporate Governance Committee and Executive Committee are
expected to be as follows:

Audit Committee

Judy Bruner (Chair)

R. Andrew Eckert

David J. Illingworth

Compensation and Management Development Committee

Susan L. Bostrom (Chair)

R. Andrew Eckert

Mark R. Laret

Ethics and Compliance Committee

David J. Illingworth (Chair)

Regina E. Dugan

Timothy E. Guertin

Nominating and Corporate Governance Committee

Mark R. Laret (Chair)

Susan L. Bostrom

Regina E. Dugan

Timothy E. Guertin

Executive Committee

R. Andrew Eckert (Chair)

Mark R. Laret

Resignation and Appointment of Officers

Each of Sunny S. Sanyal, Varians Senior Vice President and
President, Imaging Components Business, and Clarence R. Verhoef,
Varians Senior Vice President, Finance and Corporate Controller,
will resign from their role as an executive officer and the
Principal Accounting Officer of Varian, respectively, effective
as of, and contingent upon, the completion of the Distribution.

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Item8.01. Other Events.

On January9, 2017, the board of directors of Varian approved the
separation of Varians imaging components business through the
distribution of 50% of the outstanding common stock, par value
$0.01 per share, of Varex Imaging Corporation, a wholly owned
subsidiary of Varian (Varex) to Varians stockholders (the
Distribution), subject to the satisfaction or waiver of certain
conditions which are described in Varexs Form 10 Registration
Statement.

On January10, 2017, Varian announced that its board of directors
has set a record date of the close of business on January20, 2017
(the Record Date) for the Distribution. Subject to the
satisfaction or waiver of the conditions to the Distribution,
Varian will distribute 0.4 of a share of Varex common stock for
every share of Varian common stock held by Varian stockholders of
record as of the Record Date. The Distribution is expected to
occur at 12:01 a.m. Pacific time on January28, 2017, and is
subject to the satisfaction or waiver of certain conditions. A
press release announcing the Record Date and other information
relating to the Distribution is attached hereto as Exhibit 99.1
and is incorporated herein by reference.

9.01. Financial Statements and Exhibits.

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About VARIAN MEDICAL SYSTEMS, INC. (NYSE:VAR)

Varian Medical Systems, Inc. is a manufacturer of medical devices and software for treating cancer and other medical conditions. The Company is an also a supplier of X-ray imaging components. It operates through two segments: Oncology Systems and Imaging Components. The Oncology Systems segment designs, manufactures, sells and services hardware and software products for treating cancer with conventional radiation therapy and treatments, and brachytherapy, as well as informatics software for information management, clinical knowledge exchange, patient care management, practice management and decision-making support for cancer clinics, radiotherapy centers and medical oncology practices. The Imaging Components 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, computer-aided diagnostics and industrial applications.

VARIAN MEDICAL SYSTEMS, INC. (NYSE:VAR) Recent Trading Information

VARIAN MEDICAL SYSTEMS, INC. (NYSE:VAR) closed its last trading session up +0.36 at 89.57 with 619,016 shares trading hands.