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Hill-Rom Announces CEO Succession Plan
Date:9/17/2009

osition to provide for an effective transition that ensures full accountability until a successor takes office. As Chief Innovation Officer, Peter will then devote his attention to advising the company on future strategic innovations, where continuity is critical."

In commenting on today's disclosure, Soderberg stated, "When I arrived in 2006, it was my goal to help re-establish the company's growth, profitability and market leadership. While we now operate in challenging economic times, the company continues to successfully execute the strategy unveiled in late 2006, that has led to accelerated product introduction, expanded presence across the care continuum, improved profitability and a path to increased shareholder value."

He added, "I am particularly pleased with the progress of our entire global team in weathering these difficult times and in preparing for significant growth as the global economy accelerates. I will continue to vigorously lead the company until my successor is named and then look forward to partnering with him or her to ensure a successful transition. My continuing role in helping the company to realize some of the true innovation initiatives we have begun and are evaluating allows me to return to my marketing and engineering roots and continue to contribute to the future success of this marvelous company, while finding the time to attend to family needs."

ABOUT HILL-ROM HOLDINGS, INC.

Hill-Rom is a leading worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions, 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 c
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SOURCE Hill-Rom Holdings, Inc.
Copyright©2009 PR Newswire.
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