Batesville Holdings, Inc., Appoints Doug Wilson Senior Vice President Human Resources
March 27 2008 - 10:00AM
PR Newswire (US)
BATESVILLE, Ind., March 27 /PRNewswire-FirstCall/ -- Batesville
Holdings, Inc., a wholly owned subsidiary of Hillenbrand
Industries, Inc. (NYSE:HB), representing the present Batesville
Casket Company's funeral services division, today announced the
appointment of Doug Wilson as Senior Vice President Human
Resources. He will assume all responsibilities for developing and
leading the human resources function for the new stand alone public
company. Batesville Holdings, Inc., will be officially renamed
Hillenbrand, Inc. (NYSE:HI), on March 31, 2008 after the official
separation of Hillenbrand Industries' funeral services and medical
technologies businesses. Wilson brings nearly 27 years of public
company human resources management experience to the new
Hillenbrand, Inc. Most recently, he served as Vice President
Worldwide Merger Integration for Boston Scientific Corporation. He
was named to this role at the close of the merger between Boston
Scientific and Guidant Corporation in 2006. Prior to the merger, he
served as Guidant's Vice President Human Resources and Chief People
Officer. Before joining Guidant, Wilson was a principal and
president of Ronald Blue & Co., a privately held firm providing
financial planning, investment management, tax planning and
philanthropic counsel. Wilson began his career with Eli Lilly and
Company, where he spent 20 years in a variety of increasingly
senior executive human resources roles spanning multiple business
and global geographic units. Wilson holds a Bachelor of Science and
a Master of Arts from Ball State University. He is also a graduate
of the Babson College Consortium for Executive Development,
Wellesley, Mass. "Doug is a seasoned human resource executive with
broad experience and breadth of vision, and he will be an important
part of our future growth strategy," said Kenneth A. Camp,
president and chief executive officer of Batesville Casket Company.
"Doug's talent and abilities will help us complete the separation
and will be pivotal in the development of effective and creative
programs that will further build organizational excellence as we
move forward as a new publicly traded company." "What impressed me
most about the new Hillenbrand, Inc. is its ambition to continue to
be a truly great employer. I'm excited to be a part of a company
that values the contributions of its employees and is committed to
investing in its workforce as it continues to grow. I'm also proud
to join such an experienced and talented management team at this
important juncture in the company's history and to help set the
future direction of the company," Wilson said. ABOUT HILLENBRAND
INDUSTRIES, INC. Hillenbrand Industries is organized into two
operating companies serving the health care and funeral services
industries. Hill-Rom is a leading worldwide manufacturer and
provider of medical technologies and related services for the
health care industry, including patient support systems,
non-invasive therapeutic products for a variety of acute and
chronic medical conditions, medical equipment rentals, and
information technology solutions. Hill-Rom's comprehensive product
and service offerings are used by health care providers across the
health care continuum in hospitals, extended care facilities and
home care settings to enhance the safety and quality of patient
care. Hill-Rom ... enhancing outcomes for patients and their
caregivers. Batesville Casket Company is a leader in the North
American death care industry through the sale of funeral services
products, including burial caskets, cremation caskets, containers
and urns, selection room display fixturing and other
personalization and memorialization products. Batesville Casket
Company ... helping families honor the lives of those they love.
Disclosure Regarding Forward-Looking Statements Certain statements
in this press release contain forward-looking statements, within
the meaning of the Private Securities Litigation Reform Act of
1995, regarding the Company's future plans, objectives, beliefs,
expectations, representations and projections. The Company has
tried, wherever possible, to identify these forward-looking
statements using words such as "intend," "anticipate," "believe,"
"plan," "encourage," "expect," "may," "goal," "become," "pursue,"
"estimate," "strategy," "will," "projection," "forecast,"
"continue," "accelerate," "promise," "increase," "higher," "lower,"
"reduce," "improve," "expand," "progress," "potential" or the
negative of those terms or other variations of them or by
comparable terminology. The absence of such terms, however, does
not mean that the statement is not forward-looking. It is important
to note that forward- looking statements are not guarantees of
future performance, and the Company's actual results could differ
materially from those set forth in any forward- looking statements.
Factors that could cause actual results to differ from
forward-looking statements include but are not limited to: the
Company's dependence on its relationships with several large
national providers and group purchasing organizations, changes in
death rates, whether the Company's new products are successful in
the marketplace, changes in customers' Medicare reimbursements,
collections of accounts receivable, compliance with FDA
regulations, antitrust litigation, potential exposure to product
liability or other claims, failure of the Company's announced
strategic initiatives and restructuring and realignment activities
to achieve expected growth, efficiencies or cost reductions,
disruptions in the Company's business or other adverse consequences
resulting from the planned separation of the Company's two
operating companies, failure of the Company to execute its
acquisition and business alliance strategy through the consummation
and successful integration of acquisitions or entry into joint
ventures or other business alliances, competition from
nontraditional sources in the funeral services business, volatility
of the Company's investment portfolio, increased costs or
unavailability of raw materials, labor disruptions, the ability to
retain executive officers and other key personnel, and certain
tax-related matters. For a more in depth discussion of these and
other factors that could cause actual results to differ from those
contained in forward-looking statements, see the discussions under
the heading "Risk Factors" in the Company's Annual Report on Form
10-K for the period ended September 30, 2007 and in Amendment 1 to
the Batesville Holdings, Inc., Form 10. The Company assumes no
obligation to update or revise any forward-looking statements.
DATASOURCE: Hillenbrand Industries, Inc. CONTACT: Investor
Relations, Blair A. (Andy) Rieth, Jr., Vice President, Investor
Relations, Corporate Communications & Global Brand Development,
+1-812-931-2199, , Investor Relations Batesville Holdings, Inc.,
Mark. R Lanning, Vice President, Investor Relations and Treasurer,
+1-812-934-7256, , Media Contact, Lauren Green-Caldwell, Director,
Corporate Communications & Public Relations, +1-812-934-8692,
Web site: http://www.hillenbrand.com/
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