Batesville Herald Tribune, Batesville, Indiana

Business

June 27, 2014

Cerniglia named Hillenbrand CFO

Hillenbrand Inc. (NYSE: HI) leaders announced June 23 that Kristina Cerniglia will be joining the company in early August as its senior vice president and chief financial officer. She will report directly to Joe Raver, president and chief executive officer. Raver had launched a global search to fill the position following the planned resignation of the company’s previous CFO.

“Kristina’s deep industrial experience and insight will be a tremendous asset to our company as we work to grow both organically and through acquisitions,” said Raver. “As we continue to transform Hillenbrand into a global diversified industrial company, it is vital that we attract leaders with relevant experience and a proven track record of success in the industrial equipment space.”

As the CFO, Cerniglia will lead the company’s finance organization, overseeing financial planning and analysis, reporting, tax, treasury, investor relations and internal audit. She will also play a critical role in shaping Hillenbrand’s strategy as well as leading the company’s engagement with investors and analysts.

Cerniglia has more than 25 years of financial experience, most recently serving as vice president, corporate controller at Stanley Black & Decker, an $11 billion diversified global provider of power and hand tools, mechanical access solutions and electronic monitoring systems. She brings specific expertise in global financial management, financial reporting and acquisition integration.

Don Allan, Stanley Black & Decker CFO, said, “I am proud to see Kristina join a vibrant, growing company with an impressive legacy like Hillenbrand as its chief financial officer. Kristina has created significant value at Stanley Black & Decker over the past 17 years and I believe she will continue her track record as an excellent leader and business partner at Hillenbrand. We wish her the best in this new career opportunity.”

Prior to SBD, Cerniglia spent nine years at United Technologies Corp. in various financial roles of increasing responsibility.

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