Hillenbrand Elects Joseph Lower as New Board Vice Chairperson

On October 21, 2024, Hillenbrand, Inc., a prominent global provider of highly-engineered processing equipment, announced the election of Joseph T. Lower to its Board of Directors as an independent director. Lower, who previously served as the Executive Vice President and CFO of AutoNation, Inc., has over 30 years of leadership experience in finance, strategy, and business development, making him a valuable addition to the board. Alongside his appointment, he will assume the role of Vice Chairperson of the Board's Audit Committee. Additionally, Inderpreet Sawhney has been appointed as Vice Chairperson of the Nominating/Corporate Governance Committee. The decision to elect Mr. Lower and establish vice chairperson roles reflects Hillenbrand's commitment to board development and succession planning, enhancing the board’s skill sets aligned with the company's long-term strategies for sustainable growth. Sawhney's extensive experience as General Counsel at Infosys will complement the board’s efforts in governance and compliance matters. Both Lower and Sawhney will officially begin their new roles on December 1, 2024, contributing to a board that will now consist of 11 directors, with an emphasis on independence. The changes aim to strengthen the strategic and operational direction of Hillenbrand as it continues to shape solutions for its diverse global client base. This restructuring occurs within a context of active corporate governance practices, ensuring that the company is well-positioned to respond to future challenges and opportunities in the marketplace.