Varex Imaging Corporation (VREX)

17.27 +0.21 (+1.23%) At close: 04:00PM EDT

Varex Imaging Corporation

1678 S. Pioneer Road
Salt Lake City, UT 84104
United States
801 972 5000
https://www.vareximaging.com

Sector(s): Healthcare
Industry: Medical Devices
Full-time employees: 2,300

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sunny S. Sanyal	President, CEO & Director	1.27M	N/A	1964
Mr. Shubham Maheshwari	CFO & Principal Accounting Officer	729.74k	N/A	1971
Ms. Kimberley E. Honeysett	Chief Legal Officer, General Counsel & Corporate Secretary	543.81k	N/A	1970
Mr. Mark S. Jonaitis	Senior VP & GM of X-Ray Sources	532.89k	N/A	1962
Mr. Andrew J. Hartmann	Senior VP & GM of X-ray Detectors	547.61k	N/A	1963
Mr. Christopher John Belfiore	Director of Investor Relations	N/A	N/A	N/A
David Carmona	Vice President of Medical Global Sales & Marketing	N/A	N/A	N/A
Karen Aranki	Chief Human Resources Officer	N/A	N/A	N/A
Mr. Shaohua Liang	VP & MD for China	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses. The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

Corporate governance

Varex Imaging Corporation’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 2; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.