Hill-Rom-bed

Peter Soderberg has accepted the CEO position at Hillenbrand, who owns Hill-Rom. (Yes they also make caskets - cradle to grave jokes aside.)

Soderberg, who has served on Hillenbrand's board since 2002, currently
works as president and chief executive of medical device manufacturer
Welch Allyn Inc. During Soderberg's six years as CEO, the company has
seen compounded annual sales and earnings growth in the mid-teens,
Hillenbrand said.

Both Welch Allyn and Hillenbrand are family-owned businesses - Hillenbrand is public but mostly family owned. Peter was a member of the family by marrage at Welch Ally (the Allyn's). Peter's experience in this environment should serve him well at Hillenbrand. He cut his teeth at J&J where he started in 1968, leaving in 1993 after 4 years as president of their health management unit.

Peter is a visionary with lots of energy and an interest in workflow automation and medical device connectivity. He should enjoy leading Hillenbrand, given the emphasis Hill-Rom has placed on these disruptive technologies.

[Hat tip: Mark]