Article: Hill-Rom Announces CEO Succession Plan.

The Board of Directors of Hill-Rom Holdings, Inc. (NYSE:HRC) announced plans to facilitate the orderly succession and retirement of Peter H. Soderberg, president and CEO. Consistent with his wishes conveyed at the time of his arrival in 2006 and endorsed by the Board at that time, Soderberg will formally retire as an employee of the company at the end of April 2011 (at age 65).

The Board has formed a search committee to identify a new CEO and has retained Spencer Stuart, a leading executive recruiting firm, to advise the Board. The search process, which is already underway, will include a full review of both internal and external candidates. Soderberg will remain ...

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