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Hillenbrand Elects Joseph Lower to the Board of Directors and Establishes Vice Chairperson Roles
HillenbrandHillenbrand(US:HI) Prnewswireยท2024-10-21 20:43

Core Insights - Hillenbrand, Inc. has appointed Joseph T. Lower as an independent director on its Board of Directors, effective December 1, 2024 [1][4] - Mr. Lower will also serve as Vice Chairperson of the Audit Committee and will participate in the Nominating/Corporate Governance Committee and Mergers and Acquisitions Committee [4] - Inderpreet Sawhney has been named Vice Chairperson of the Nominating/Corporate Governance Committee, bringing her legal expertise to the Board [4] Company Background - Hillenbrand, Inc. is a global industrial company providing highly engineered processing equipment and solutions to customers in over 100 countries [5] - The company focuses on large end markets, including durable plastics, food, and recycling, and aims to deliver shareholder value through strategic planning and innovation [5] Leadership Experience - Mr. Lower has over 30 years of leadership experience in finance, strategy, and business development, including roles as CFO at AutoNation and Office Depot [2][3] - His background includes significant experience in mergers and acquisitions, which will be leveraged in his new role on the Board [4] Board Development - The addition of Mr. Lower and the new role for Ms. Sawhney reflects Hillenbrand's commitment to Board development and succession planning, aligning skillsets with the company's long-term growth strategy [3][4]