A Medical Device Daily
Cantel Medical (Little Falls, New Jersey) reported that James Reilly, company president/CEO, has advised the board that he will retire upon the expiration of his employment agreement on July 31, 2007, and that it has formed a search committee and retained a search firm to identify a successor.
Reilly said he will step down earlier if a successor is appointed prior to next July. Following retirement, he will provide part-time consulting services to the company for a five-year period, as contemplated by the terms of his employment agreement.
Cantel is a provider of infection prevention and control products for healthcare, including specialized medical device reprocessing systems for renal dialysis and endoscopy, dialysate concentrates and other dialysis supplies, disposable infection control products primarily for the dental industry, water purification equipment, sterilants, disinfectants and cleaners, hollow fiber membrane filtration and separation products and specialty packaging for infectious and biological specimens.