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Hillenbrand Bolsters Board with Joseph Lower and Establishes Vice Chairperson Roles

AInvestMonday, Oct 21, 2024 4:51 pm ET
1min read
Hillenbrand, Inc. (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, has strengthened its board of directors with the election of Joseph T. Lower as an independent director. In addition, the company has established vice chairperson roles for the Audit and Nominating/Corporate Governance Committees, further enhancing its corporate governance. These strategic moves align with Hillenbrand's commitment to delivering shareholder value and driving long-term growth.

Joseph T. Lower, former Executive Vice President and Chief Financial Officer of AutoNation, Inc., brings decades of leadership experience in finance, strategy, and business development to Hillenbrand's board. His extensive financial leadership and mergers and acquisitions experience will be invaluable in Hillenbrand's strategic planning and execution. Lower's appointment to the Audit, Nominating/Corporate Governance, and Mergers and Acquisitions Committees will leverage his expertise in capital markets, financial operations, and strategic planning.


The establishment of vice chairperson roles for the Audit and Nominating/Corporate Governance Committees further enhances Hillenbrand's corporate governance and risk management. Joseph Lower will assume the role of Vice Chairperson of the Audit Committee, while Inderpreet Sawhney will serve as Vice Chairperson of the Nominating/Corporate Governance Committee. These appointments ensure the committees' effectiveness and independence, fostering better succession planning and board diversity.


Hillenbrand's board is committed to maintaining strong, effective, and transparent governance practices. The addition of Joseph Lower's diverse industry experience complements the existing board of directors, contributing to informed strategic decision-making and long-term growth. The vice chairperson roles will also contribute to better succession planning and board diversity, further enhancing Hillenbrand's governance and shareholder confidence.

In conclusion, Hillenbrand's election of Joseph T. Lower to the board of directors and the establishment of vice chairperson roles for the Audit and Nominating/Corporate Governance Committees demonstrate the company's commitment to strong corporate governance, strategic planning, and long-term growth. These moves will undoubtedly benefit Hillenbrand's shareholders and stakeholders as the company continues to shape what matters for tomorrow.
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