Hillenbrand : J. Michael Whitted Joins Hillenbrand as Senior Vice President of Strategy and Corporate Development
June 20, 2018 at 05:03 pm EDT
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BATESVILLE, Ind., June 20, 2018 /PRNewswire/ -- Hillenbrand (NYSE: HI) announced today the appointment of J. Michael Whitted as Senior Vice President, Strategy and Corporate Development. Whitted will lead Hillenbrand's efforts in mergers and acquisitions to accelerate the company's profitable growth strategy.
'As a company, we are focused on building platforms to develop scale and enhance leadership positions in targeted markets to drive profitable growth,' said Joe Raver, Hillenbrand President & CEO. 'Mike brings a wealth of experience and a proven track record of identifying and executing strategic acquisitions, having advised on over 100 deals to create value in his previous positions.'
Whitted brings more than 20 years of strategy and M&A experience to the company, having served most recently as Vice President, Corporate Development for SPX Corporation and SPX Flow, Inc. Prior to that, he served as a vice president for Bear Stearns where he led corporate finance and M&A advisory transactions. Whitted's experience also includes roles at CIBC World Markets, Bankers Trust, and First Chicago NBD. Whitted earned his Bachelor's of Business Administration degree with an emphasis in Finance and Business Economics from the University of Michigan.
Raver continued, 'Mike will play an integral role in helping us accelerate our profitable growth strategy with disciplined M&A as we continue to transform Hillenbrand into a world-class, global diversified industrial company.'
About Hillenbrand
Hillenbrand (www.Hillenbrand.com) is a global diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe. We pursue profitable growth and robust cash generation driving increased value for our shareholders. Hillenbrand's portfolio is composed of two business segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service highly engineered industrial equipment around the world. Batesville is a recognized leader in the North American death care industry. Hillenbrand is publicly traded on the NYSE under 'HI.'
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SOURCE Hillenbrand, Inc.
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Hillenbrand Inc. published this content on 20 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 June 2018 21:02:03 UTC
Hillenbrand, Inc. is a global industrial company that provides processing equipment and solutions. The Company operates through two segments: advanced process solutions and molding technology solutions. The advanced process solutions segment is a provider of process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food and recycling. This segment's technologies include compounding, extrusion, material handling, conveying, mixing, ingredient automation, portion process, and screening and separating equipment. The molding technology solutions segment provides equipment, systems and aftermarket parts and service for the plastic technology processing industry. This segment has a product portfolio that includes injection molding and extrusion equipment, hot runner systems, mold bases and components, and maintenance, repair, and operating supplies. Its brands include Coperion, Milacron, K-Tron and Rotex.
HILLENBRAND, INC. 
