People: Merit Medical Systems Inc (MMSI.OQ)
Mr. Nolan E. Karras is an Independent Director of Merit Medical Systems, Inc., since November 5, 2011. Mr. Karras has been engaged as the Chairman and Chief Executive Officer of The Karras Company, Inc., an investment advisory firm, since 1997 and is a certified public accountant. He is currently a member of the Utah State Board of Regents and served as chairman of that board from 2002 to 2006. He is also a member of the Community Board of Directors of University of Utah Hospitals and Clinics where he serves as Chairman of the Finance Committee. Mr. Karras previously served as a director and member of the audit and compensation committees of the boards of directors of PacifiCorp, a public utility operating in the northwestern United States, and Scottish Power, a multinational energy company. Mr. Karras has held several positions in public service, including service in the Utah House of Representatives for ten years where he served as Speaker of the House and House Majority Leader. Mr. Karras received a bachelor's degree from Weber State University and an MBA from the University of Utah. Mr. Karras' experience and skills qualify him to work constructively with the Company's management and directors, especially in connection with the Company's pursuit of growth and expansion opportunities. The Board of Directors believes Mr. Karras' financial acumen and experience in corporate governance are valuable to its deliberations and strategic planning. Mr. Karras also has a keen awareness of the social, political and economic environment in which the Company operates. Mr. Karras is an independent director. Mr. Karras' term as a director expires in 2014.
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