| MURRAY HILL, N.J., Feb 28, 2003 (BUSINESS WIRE) -- C. R. Bard, Inc. (NYSE-BCR)
announced today that Todd C. Schermerhorn has been named to the position of
Senior Vice President and Chief Financial Officer effective April 1, 2003,
replacing Charles P. Slacik who has resigned his position effective as of that
date.
Schermerhorn, 42, joined the company in 1985 as a financial analyst. He has held
a succession of financial management positions including Controller of the
Vascular Systems Division, Vice President and Controller of the USCI Division,
and Vice President and Group Controller-Cardiology. Since 1998 Schermerhorn has
served as Vice President and Treasurer of Bard. He received a B.S. in Accounting
from the University of Lowell, an MBA from Babson College, and is a Certified
Management Accountant.
William H. Longfield, chairman and chief executive officer, commented, "Charlie
Slacik has successfully completed the objectives we set together upon his
arrival in 1999. We thank him for his valuable contributions over the past four
years."
"We are pleased to have Todd Schermerhorn assume this important position,"
Longfield continued. "His 18 years of experience in financial roles within
Bard's operations will make him an excellent addition to the newly announced
senior management team."
C. R. Bard, Inc., (www.crbard.com) headquartered in Murray Hill, New Jersey, is
a leading multinational developer, manufacturer and marketer of health care
products in the fields of vascular, urology, oncology and surgical specialty
products.
This press release contains forward-looking statements, the accuracy of which is
necessarily subject to risks and uncertainties. Please refer to our December 31,
2002 Form 10-K for a statement with regard to forward-looking statements,
including disclosure of additional factors that could cause actual results to
differ materially from those expressed or implied.
CONTACT: C. R. Bard, Inc., Murray Hill
Investor Relations:
Todd C. Schermerhorn, 908/277-8139
or
Media Relations:
Holly P. Glass, 703/754-2848
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