Elizabeth E. Tallett Elected to Varian Semiconductor's Board
GLOUCESTER, Mass.--(BUSINESS WIRE)--May 1, 2001--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news) today announced that Elizabeth E. Tallett, president and chief executive of Dioscor, Inc., has been elected to its Board of Directors.
Tallett has been CEO of Dioscor since 1996. In addition, she recently founded Galenor, Inc., a cardiovascular medicine company. She is a respected leader in entrepreneurial business, specializing in management and strategic implementation. Her previous responsibilities have included global business management and new business development.
``Liz brings sharp strategic focus, considerable experience growing markets for new products and product development experience to our board,'' said Richard A. Aurelio, chairman and chief executive officer of Varian Semiconductor. ``We look forward to the addition of her ideas, energy and global perspective on our team. We are delighted to welcome her to our board.''
In 1992 Tallett was a founder, president and chief executive officer of Transcell Technologies Inc., a pharmaceutical company. Previously, she held executive positions at Centocor, Inc. and Parke-Davis, the pharmaceutical arm of Warner-Lambert.
Tallett is a member of the board of directors of The Principal Mutual Life Insurance Company, Varian, Inc., Coventry Health Care Inc., IntegraMed America Inc. and of Immunicom Inc. She is a founding board member of the Biotechnology Council of New Jersey. Tallett was also appointed to the Prosperity New Jersey Commission by New Jersey's former Governor Christine Todd Whitman.
Tallett was born and educated in England. She is a graduate of Nottingham University with dual first class honors degrees in mathematics and economics, specializing in application of statistical methods to management issues.
About Varian Semiconductor
Varian Semiconductor Equipment Associates is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in our web site is not incorporated by reference into this release, and our web site address is included in this release as an inactive textual reference only.
Note: This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the company's intention to repurchase shares of its common stock from time to time under the stock repurchase program and the intended use of any repurchased shares are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, the market price of the company's stock prevailing from time to time, the nature of other investment opportunities presented to the company from time to time, the company's cash flows from operations, general economic conditions, and other factors identified in the company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release. |
