Hillenbrand Appoints New Presidents for K-Tron International, Batesville
BATESVILLE, Ind., Feb. 22, 2011 /PRNewswire/ — 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 company’s 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 Joe’s 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. “Joe’s 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 industry’s 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-Rom’s post-acute care division.
“Kim’s varied executive assignments at Batesville and her outstanding success in
leading a fast-growing segment of Hill-Rom’s 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 Hillenbrand’s
expectations and projections.
Words that could indicate we’re making forward-looking statements include the
following:
Words that could indicate we’re making forward-looking statements
include the following:
intend believe plan expect may goal would
become pursue estimate will forecast continue could
targeted encourage promise improve progress potential should
This isn’t 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.
Here’s 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 Hillenbrand’s 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.
SOURCE Hillenbrand, Inc.















