LITTLE FALLS, N.J.,
March 22, 2011 /PRNewswire/ -- Cantel
Medical Corp. (NYSE: CMN) today announced the appointment of
Ann E. Berman to serve as an
independent member of Cantel's Board of Directors.
Ms. Berman is the former Chief Financial Officer (2002-2006) of
Harvard University. As CFO of
Harvard, Ms. Berman was responsible for
an operating budget of more than $2.8
billion, and net assets in excess of $30 billion. As CFO, Ms. Berman brought a focus
on the quality of financial management and "best practice"
standards to Harvard. She was
responsible for establishing and maintaining an adequate and
effective internal control structure within the University, and
worked closely with the University's audit committee to minimize
risk. Her areas of responsibility included financial strategy and
policy; Treasury functions, including debt issuance and cash
management; risk management and audit services; oversight and
administration of government sponsored research; financial
reporting; financial operations; and budget and financial
planning.
In her role on the Harvard Management Company Board, Ms. Berman
participated in the work of the Finance/Audit Committee and the
Valuation Committee. She was responsible for a governance review of
the Management Company and its Board.
Ms. Berman serves on the Board of Directors and Audit Committee
of Loews Corporation, a diversified holding company, and as a board
member and the Chair of the Audit Committee of Eaton Vance
Corporation, an investment manager of over $150 billion in investment funds and separate
accounts.
Before moving into higher education administration, Ms. Berman
was a partner at Richard A. Eisner & Co., a New York-based regional accounting firm, where
she specialized in tax and consulting work for a wide range of
corporate and individual clients. She began her career with Price
Waterhouse & Co., where she worked in both audit and taxation.
Ms. Berman holds a B.A. from Cornell
University where she was elected to Phi Beta Kappa, and an
MBA from the Wharton School of the University
of Pennsylvania. She is also a certified public
accountant.
Charles M. Diker, Cantel's
Chairman, commented, "We are delighted to have somebody as
accomplished as Ann join our board, and we look forward to
benefitting from her broad experience and expertise in financial
management, reporting, and corporate governance."
About Cantel Medical Corp.
Cantel Medical Corp. is a leading provider of infection
prevention and control products in the healthcare market. Our
products include water purification equipment, sterilants,
disinfectants and cleaners, specialized medical device reprocessing
systems for endoscopy and renal dialysis, disposable infection
control products primarily for the dental industry, dialysate
concentrates and other dialysis supplies, hollow fiber membrane
filtration and separation products for medical and non-medical
applications, and specialty packaging for infectious and biological
specimens. We also provide technical maintenance for our products
and offer compliance training services for the transport of
infectious and biological specimens.
SOURCE Cantel Medical Corp.