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Varian Medical Systems Appoints Rafael Torres Senior Vice President of Business Development and Strategy

PALO ALTO, Calif., Sept. 30, 2015/PRNewswire / -- Varian Medical Systems (NYSE: VAR) has appointed Rafael Torresto the position of senior vice president, business development and strategy. In this role, he leads the company's strategic plans for growth through acquisitions, investments, and partnerships that complement our current portfolio of businesses. He reports to Varian Presidentand CEO Dow Wilson.

'Rafael Torresis uniquely qualified to lead our strategy and business development activities,' said Wilson. 'He brings over 14 years of healthcare strategic investing and business development experience, having served as global head of healthcare for GE Ventures and GE Equity, where he built a strategic investment portfolio of over 30 healthcare companies. He has significant global business development experience, which will be a tremendous asset as Varian continues to emphasize globalization of its market and operations.'

'It's an exciting time to join Varian, as the company is poised to take advantage of significant growth and expansion opportunities that leverage its market leadership in cancer treatment and imaging,' said Torres. 'With stakeholders navigating the current transition away from 'fee for service' to a 'fee for value' model in healthcare, our technologies and business models must support them in this transformation. Our growth themes will support Varian's globalization and foster a culture of...


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