In the annual report, Greisch concluded, “We are fortunate to work in a business that can directly improve life’s most precious commodity – health. It’s an honor and a responsibility that motivates all of us at Hill-Rom. We are proud of the impact we have had in the year just past, and eager to achieve even more in 2014.”
Debbie Blank can be contacted at firstname.lastname@example.org or 812-934-4343, Ext. 113.
Shareholders vote • About 90 percent of shareholders, who own at least 51.9 million shares of Hill-Rom stock, were represented at the meeting either in person or by proxy, reported Susan Lichtenstein, senior vice president of corporate affairs, chief legal officer and secretary. • Shareholders approved a trio of proposals: Eight board members (Rolf Classon, James Giertz, Charles Golden, John Greisch, William "Hank" Kucheman, Ronald Malone, Eduardo Menasce and Dr. Joanne Smith) were re-elected and new board member William Dempsey was elected to one-year terms. Classon and Golden have the longest tenures, serving on the board since 2002. Shareholders OK'd a nonbinding resolution on executive compensation. They also voted to retain PricewaterhouseCoopers, Indianapolis, for the fiscal year ending Sept. 30. • Hill-Rom Holdings (NYSE: HRC) leaders announced March 7 that its board of directors has increased the company's fiscal year 2014 second quarter dividend 11 percent to $0.1525 per share, a news release stated. This dividend is payable March 31 to shareholders of record as of the close of business March 20. This brings the annualized dividend rate per share to $0.61 from $0.55. Jay Saccaro, senior vice president and chief financial officer, noted the dividend is 22 percent higher than the quarterly rate a year ago. "This increase is consistent with our commitment to enhancing shareholder value by returning a substantial portion of operating cash flow to our shareholders."