Hill-Rom Appoints Alton Shader President of Hill-Rom North America
BATESVILLE, Ind., May 9, 2012 /PRNewswire/ -- Hill-Rom Holdings, Inc. (NYSE: HRC) announced today that it has appointed Alton Shader Senior Vice President and President of Hill-Rom North America, which is a combination of the Post-Acute and Acute Care business units. This newly integrated North America business unit is the company's largest, with annual revenue of more than $1B. The combination of Hill-Rom acute and post-acute care operations under one business unit will maximize efficiencies and better address the needs of healthcare organizations that are increasingly integrated across the health care continuum. Shader's role as SVP and President of Hill-Rom North America combines his current responsibilities with those of Martha Goldberg Aronson, who has resigned to accept an executive position with another company.
"Alton has a wealth of experience and a proven record of profitably growing businesses," said John J. Greisch, President and CEO, Hill-Rom. "I know Alton will bring his passion for patient care, focus on customer needs and inspirational leadership to our North America business."
Prior to his new role as head of Hill-Rom North America, Shader led Hill-Rom's Post-Acute Care business unit. He joined Hill-Rom in 2011 from Baxter International, where he held a number of global leadership positions and drove strong financial and operational performance in multiple divisions. Shader was the General Manager of Baxter's U.S. renal business, General Manager for Baxter Ireland and held senior marketing positions in Baxter's European operations in Zurich and in California. He also held positions of increasing leadership responsibility at several other companies, including Bain & Company. Shader holds a Master of Business Administration degree from Stanford and a Bachelor of Arts degree in Economics and Psychology from Claremont McKenna College.
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 continuum and around the world in hospitals, extended care facilities and home care settings to enhance the safety and quality of patient care.
Hill-Rom...enhancing outcomes for patients and their caregivers.
DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this press release contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company's future plans, objectives, beliefs, expectations, representations and projections. The Company has tried, wherever possible, to identify these forward-looking statements using words such as "intend," "anticipate," "believe," "plan," "encourage," "expect," "may," "goal," "become," "pursue," "estimate," "strategy," "will," "projection," "forecast," "continue," "accelerate," "promise," "increase," "higher," "lower," "reduce," "improve," "expand," "progress," "potential" or the negative of those terms or other variations of them or by comparable terminology. The absence of such terms, however, does not mean that the statement is not forward-looking. It is important to note that forward-looking statements are not guarantees of future performance, and the Company's actual results could differ materially from those set forth in any forward-looking statements. Factors that could cause actual results to differ from forward-looking statements include but are not limited to: the Company's dependence on its relationships with several large group purchasing organizations, whether the Company's new products are successful in the marketplace, impacts of healthcare reform, compliance with federal healthcare programs, collections of accounts receivable, compliance with FDA regulations, potential exposure to product liability or other claims, failure of the Company's announced or future strategic initiatives and restructuring and realignment activities to achieve expected growth, efficiencies or cost reductions, failure of the Company to execute its acquisition and business alliance strategy through the consummation and successful integration of acquisitions or entry into joint ventures or other business alliances, increased costs or unavailability of raw materials, adverse changes in global economic conditions or disruptions of credit markets, labor disruptions, the ability to retain executive officers and other key personnel, 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 the Company's previously filed most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or revise any forward-looking statements.
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