Hill-Rom to appoint new chief financial officer

Hill-Rom has announced that its chief financial officer Mark Guinan has left the company to take up a position with another organisation.

An executive search consultant has been engaged to conduct the process for identifying Mr Guinan's successor, with vice-president and treasurer Michael Macek taking over the role on an interim basis until this process is completed.

The company said it will provide updates on its search when appropriate, while acknowledging the contributions the outgoing executive has made to Hill-Rom.

John Greisch, president and chief executive officer of Hill-Rom, said: "Mark has been a strong leader and valued contributor to Hill-Rom throughout his tenure. I would like to personally thank him for his service and wish him every future success."

The firm has also announced preliminary unaudited financial results for the fiscal quarter ending on June 30th 2013, with revenue expected to be up by four percent year on year.

Full details of its third-quarter financial performance will be discussed later this month.