Hillenbrand Names Elizabeth Dreyer Chief Accounting Officer
BATESVILLE, Ind., Dec. 1, 2010 /PRNewswire-FirstCall/ — Hillenbrand, Inc.
(NYSE: HI) has named Elizabeth E. Dreyer as its vice president, controller and
chief accounting officer, effective December 1, 2010. She is responsible for the
company’s financial planning and analysis and reporting functions.
Dreyer has extensive financial management experience, most recently at Zimmer,
Inc. (NYSE: ZMH), an orthopedic medical device provider, where she served as
vice president of finance, overseeing financial planning and analysis, global
science and technology, and financial shared services. She has also held
management roles of increasing responsibility in finance, organizational
effectiveness and audit at Createc Corporation, ADESA, Guidant and Deloitte. A
graduate of Indiana University with a degree in accounting, Dreyer is a
certified public accountant.
“I’m delighted to have someone of Elizabeth’s caliber join our team,” said
Cynthia L. Lucchese, Hillenbrand’s chief financial officer. “Her experience will
be instrumental in helping us continue to provide a strong financial reporting
infrastructure as Hillenbrand pursues its growth strategy.”
“It’s a very exciting time to be at Hillenbrand,” said Dreyer. “The company has
already taken an important step forward in its business strategy with the
acquisition of K-Tron earlier this year, and is poised for additional growth.
I’m looking forward to working with Hillenbrand’s management and finance teams
to help the company realize the full potential of each new opportunity.”
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, including
the anticipated effect of the acquisition on Hillenbrand’s future results. 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:
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, expected to be 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.















