BATESVILLE, Ind., Feb. 22, 2012 /PRNewswire/ -- The Hillenbrand (NYSE: HI) board of directors announced today that Chairman Ray J. Hillenbrand and Vice Chairman James A. Henderson have decided to retire from the board, effective as of the company's 2013 annual meeting of shareholders. The board has elected F. Joseph Loughrey, retired president and chief operating officer of Cummins Inc. and chairman of Hillenbrand's Nominating/Corporate Governance Committee, to assume the role of board chairman at that time. ABOUT HILLENBRANDHillenbrand ( www.HillenbrandInc.com) is a global diversified manufacturing enterprise that makes and sells premium business-to-business products and services for a wide variety of industries. We pursue profitable growth and meaningful dividends for our shareholders by leveraging our leading brands, robust cash generation capabilities and strong core competencies. HI-INC-E SOURCE Hillenbrand
Investors in Hillenbrand Inc saw new options begin trading this week, for the February 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the HI options chain for the new February 20th contracts and identified the following put contract of particular interest.