Exhibit 99.1
Hillenbrand Appoints New Presidents
for K-Tron International, Batesville
BATESVILLE, Indiana, February 22, 2011 Hillenbrand, Inc. (NYSE: HI) has named Joe
A. Raver president of K-Tron International, Inc., and Kimberly K. Dennis as president of
Batesville Services, Inc. Both appointments are expected to become effective April 4,
2011.
Raver Named President of K-Tron International
As president of K-Tron International, Joe Raver will be responsible for accelerating the
organic growth of the K-Tron brands on a global scale. He will lead the development and
implementation of the K-Tron growth strategy and will be a key figure in business
development and acquisition integration. The president of the K-Tron Process Group, Kevin
Bowen, and the president of the Size Reduction Group, Lukas Guenthardt, will report
directly to Raver. To be closer to the fastest-growing K-Tron markets, Raver and his
family will relocate to the Zurich, Switzerland area, the site of one of the companys
largest administration and manufacturing facilities.
Raver has been senior vice president of Hillenbrand and president of Batesville Services,
Inc., and its subsidiaries, including Batesville Casket Company, since June 2008.
During Joes 14 years with the company, he has excelled in a variety of senior executive
assignments, most recently leading Batesville Casket Company into new business arenas,
said Kenneth A. Camp, Hillenbrand president and chief executive officer. Joes
exceptional leadership capabilities and his experience in strategy development will be of
great value as K-Tron expands its presence in growing the global markets.
Dennis Named President of Batesville Casket
As the new president of Batesville Services, Inc., and its subsidiaries, including
Batesville Casket Company, Kim Dennis will, in many ways, be returning home to lead the
industrys premier funeral service products company as it creates new products and
services for its funeral home customers.
Dennis began her career with Batesville in 1989, holding positions of increasing
leadership responsibility in finance, planning, operations, logistics and information
technology. This broad experience base prepared her to become vice president of shared
services and information technology at Hillenbrand Industries. Most recently, Kim was
senior vice president of Hill-Rom Holdings and general manager of Hill-Roms post-acute
care division.
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Kims varied executive assignments at Batesville and her outstanding success in leading a
fast- growing segment of Hill-Roms business have helped prepare her for this very
significant opportunity, Camp said. The Batesville organization knows her well and we
are all very pleased to welcome her back into the Hillenbrand and Batesville family.
Both Raver and Dennis will report directly to Camp.
About Hillenbrand, Inc.
Hillenbrand (www.HillenbrandInc.com) is a diversified enterprise with multiple
subsidiaries focused around two separate operating businesses. Batesville Casket
(www.batesville.com) 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. K-Tron International (www.ktroninternational.com) is a recognized leader in the
design, production, marketing and servicing of bulk solids material handling equipment and
systems. The company serves many different industrial markets through two product lines.
The Process Group focuses primarily on feeding and pneumatic conveying equipment, doing
business under two main brands: K-Tron Feeders and K-Tron Premier. The Size Reduction
Group concentrates on size reduction equipment, conveying systems and screening equipment,
operating under three brands: Pennsylvania Crusher, Gundlach and Jeffrey Rader. HI-INC-E
Disclosure Regarding Forward-Looking Statements
Throughout this release, we make a number of forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. As the words imply,
forward-looking statements are statements about the future, as contrasted with historical
information. Our forward-looking statements are based on assumptions and current
expectations of future events that we believe are reasonable, but by their very nature
they are subject to a wide range of risks. If our assumptions prove inaccurate or unknown
risks and uncertainties materialize, actual results could vary materially from
Hillenbrands expectations and projections.
Words that could indicate were making forward-looking statements include the following:
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This isnt an exhaustive list, but is simply intended to give you an idea of how we try to
identify forward-looking statements. The absence of any of these words, however, does not
mean that the statement is not forward-looking.
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Heres the key point: Forward-looking statements are not guarantees of future performance, and
our actual results could differ materially from those set forth in any forward-looking
statements. Any number of factors many of which are beyond our control could cause our
performance to differ significantly from those described in the forward-looking statements.
These factors include, but are not limited to: recent global market and economic conditions,
including those related to the credit markets; volatility of our investment portfolio; adverse
foreign currency fluctuations; ongoing involvement in claims, lawsuits and governmental
proceedings related to operations; labor disruptions; our ability to continue the successful
integration of K-Tron International; the dependence of our business units on relationships
with several large national
providers; increased costs or unavailability of raw materials; continued fluctuations in
mortality rates and increased cremations; competition from nontraditional sources in the
funeral services business; our ongoing antitrust litigation; cyclical demand for industrial
capital goods; 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 item 1A of
Hillenbrands Annual Report on Form 10-K for the year ended September 30, 2010, filed with the
Securities and Exchange Commission (SEC) November 23, 2010. The company assumes no obligation
to update or revise any forward-looking information.
CONTACT
Shari Morey, Communications Manager
Phone: 812-931-5035
E-mail: shari.morey@hillenbrand.com
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