Hill-Rom Announces Preliminary Fiscal 2013 Third Quarter Results and Search for New CFO; Adjusted Earnings Per Share Expected to be in Line with Guidance

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Hill-Rom Holdings, Inc.
HRC
announced today that it has begun an external search for a new Chief Financial Officer to replace its current CFO, Mark Guinan, who has resigned to accept a position with another company. Michael Macek, Hill-Rom's Vice President and Treasurer, will act as interim CFO until the search is complete. (Logo: http://photos.prnewswire.com/prnh/20130123/DE47178LOGO ) "Mark has been a strong leader and valued contributor to Hill-Rom throughout his tenure," said John Greisch, President and CEO. "I would like to personally thank him for his service and wish him every future success." Greisch continued, "We have engaged an executive search consultant to conduct the process for identifying Mark's successor as our Chief Financial Officer, and will provide an update on the process when appropriate." Additionally, Hill-Rom announced preliminary unaudited financial results for its fiscal third quarter ended June 30, 2013. Hill-Rom expects to report adjusted earnings of approximately $0.49 per share, within the range of its previous guidance. Revenue is expected to be approximately $424 million, an increase of 4 percent compared to last year. As previously announced, Hill-Rom will host a conference call and webcast Thursday, July 25, 2013, from 8:00 a.m. - 9:00 a.m. ET to discuss more fully its third quarter results. Earnings Webcast: To join the live webcast with audio on July 25, 2013, go to http://ir.hill-rom.com/eventdetail.cfm?eventid=131331. The webcast slide deck will be posted to the Hill-Rom website prior to the webcast. Earnings Conference Call Audio Only Dial-in information: To participate in the live conference call, dial 877-304-8969 domestic callers / 631-291-4543 international callers. Confirmation Code for both: 97174013. Callers will need to provide their name, company affiliation and telephone number to the conference operator. A recording of the webcast/call audio will be available for telephone replay through July 31, 2013, domestically at 855-859-2056 and internationally at 404-537-3406. For the replay, callers will need to use confirmation code 97174013. If you are unable to listen to the live webcast or the telephone replay, the webcast will be archived at http://ir.hill-rom.com/events.cfm.
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