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Hillenbrand Industries Inc.'s board of directors has elected Charles E. Golden '68 to the board effective May 16.
Golden, 55, is executive vice president and chief financial officer for Eli Lilly and Company, Indianapolis, Indiana, a global provider of pharmaceutical products and health care information. He joined the company in his current position and as a board member in 1996. Prior to joining Lilly, Golden served as a corporate vice president of General Motors and chairman of General Motors' vehicle operations in the United Kingdom from 1993 to 1996. He joined General Motors as part of its treasurer's office in 1970 and subsequently held positions in domestic and international operations, ultimately becoming treasurer of GM.
He is a member of the National Advisory Board of J.P. Morgan Chase & Co., and the Council of Financial Executives of the Conference Board. He also serves on the boards of directors of Clarian Health Partners, Crossroads of America Council (Boy Scouts of America), and the Indiana Chamber of Commerce.
Golden majored in economics and business at Lafayette, and earned an MBA from Lehigh University.
Ray J. Hillenbrand, chairman of the board, Hillenbrand Industries Inc., said in a press release that the election of Charles Golden was a significant component of their planned board transition. “Over the past eight months, we have changed from a family-controlled board that served shareholders extremely well in the past, to an independent, outside-director-controlled board, composed of current leaders in the health care industry, who will shape our future. Their exceptional experience will also support our management team's strategies to capitalize on new revenue growth opportunities in the health care industry.”
Hillenbrand Industries Inc., headquartered in Batesville, Indiana, is a publicly traded holding company for three wholly owned businesses serving the funeral services and health care industries: Batesville Casket Company, a manufacturer and supplier of burial caskets, cremation products and related services to funeral homes; Forethought Financial Services, which provides insurance and trust-based financial products and services for pre-planning funeral services; and Hill-Rom Company, which provides sales, rentals, service and support for products including beds, stretchers, incubators, furniture, communication systems, surgical columns, and medical gas management systems.