BATESVILLE, Ind., Feb. 11 The board of directorsof Hillenbrand, Inc. (NYSE: HI) has elected F.J. (Joe) Loughrey to a newlycreated board seat, effective immediately.
"We're delighted to have Joe join our board as a director," said Ray J.Hillenbrand, chairman of the Hillenbrand board of directors. "He is atalented, experienced senior executive with broad international and domesticexperience. Joe is a man of great character, and we believe he will play animportant role in helping us build shareholder value now and in the years tocome."
Loughrey has been vice chairman of the board of directors for Cummins Inc.(NYSE:CMI) since Aug. 1, 2008, after serving at Cummins in a variety of rolesfor 35 years, most recently as the company's president and chief operatingofficer. Cummins is the world's largest diesel engine manufacturer, with salesof $14.3 billion in 2008.
Active in the business community, Loughrey serves on a number of boards,including as chairman for Conexus Indiana and as a member of the boards ofSauer-Danfoss, the Cummins Foundation, the National Association ofManufacturers, The Manufacturing Institute and the Columbus CommunityEducation Coalition.
"I'm very pleased to be joining Hillenbrand's board at this exciting timein the company's history," said Loughrey. "Hillenbrand is well-positioned toleverage Batesville Casket Company's expertise in operational excellence, leanmanufacturing and continuous improvement to create growth opportunities forthe enterprise."
Loughrey is a graduate of the University of Notre Dame, with a bachelor'sdegree in economics and African studies.
ABOUT HILLENBRAND, INC.
Hillenbrand, Inc. (www.HillenbrandInc.com) is the holding company forBatesville Casket Company, a leader in the North American death care industrythrough the sale of funeral services products, including burial caskets,cremation caskets, containers and urns, selection room display fixturing andother personalization and memorialization products. HI-INC-C
SOURCE Hillenbrand, Inc.