Brands Group Leaders Receive Promotions Business Editors JASPER, Ind.--(BUSINESS WIRE)--Oct. 8, 2003 CONTACT: Kimball International Martin Vaught, 812-482-1600 firstname.lastname@example.org Kimball International, Inc. (NASDAQ: KBALB) today announced the appointment of four officers as part of the Company's ongoing growth plans in the Furniture and Cabinets segment. Making the announcement, Dan Miller, President, Furniture Brands Group and Executive Vice President, Kimball International, stated, "More opportunities are beginning to present themselves, as we see signs of improvement in all of the markets we serve within the Furniture Brands Group units. These new appointments underscore our commitment to our customers, and will allow us to continue with our successes and assist in identifying and taking advantage of new growth opportunities." The announcement concerns the following promotions. Mona Hoffman, 46, has been appointed to the newly-created position of Vice President of Strategic Development for the Furniture Brands Group, responsible for identification of significant new growth opportunities. Hoffman, who joined the Company in 1994, was previously Vice President, General Manager of National Office Furniture, where she achieved consistent growth and profitability during her five-year tenure. Her knowledge and expertise are expected to enhance furniture growth initiatives. Hoffman, her spouse Bert and daughter Calley, reside in Jasper, Indiana. Succeeding Hoffman as Vice President, General Manager, National Office Furniture is Donald W. VanWinkle. VanWinkle, 42, is a twelve year employee and was previously Vice President, Chief Finance and Administrative Officer for the Furniture Brands Group. In that role, VanWinkle was responsible for accounting, finance, sales and market analysis, facilities, information technology, demand management, financial services, e-business and quality. VanWinkle, his spouse Martha and daughters Kelly and Victoria reside in Huntingburg, Indiana. Succeeding VanWinkle as Vice President and CFO for Furniture Brands is Sherril Lueken, who will be responsible for accounting, finance, sales and market analysis, financial services and facilities. Lueken, 38, has been with Kimball International for 15 years in a series of increasingly responsible financial and accounting positions. Lueken, her spouse Greg and daughters Paige, Brooke and Maria reside in Jasper, Indiana. Continuing to build upon an impressive record of performance at National Office Furniture, made possible by dedicated, effective leadership, Lisa Gutierrez has been promoted to Vice President of Sales for National Office Furniture (NOF). Gutierrez, 40, joined Kimball International in July of 2001 and was most recently Director of Sales for NOF. She will have responsibility for all field sales activities for National. Lisa and her husband Bill, will be relocating to the Jasper area, from Texas, in the next several months. Kimball International Chairman and CEO, Doug Habig, noted, "Focusing on long-range executive development of the Kimball management team continues to be a top priority. One of our responsibilities as corporate leaders is to help prepare individuals for expanded roles. Each of these new officers possess years of knowledge and experience which have contributed greatly to our past success and will enhance our collective strength as a Company going forward." Kimball International, Inc. (NASDAQ: KBALB) provides a vast array of products from its two business segments: the Furniture and Cabinets segment and the Electronic Contract Assemblies segment. The Furniture and Cabinets segment provides furniture for the office, residential, lodging, and healthcare industries, all sold under the Company's family of brand names. Other products produced by Kimball on a contract basis include television cabinets and stands, residential furniture, retail infrastructure products and furniture components. The Electronic Contract Assemblies segment provides engineering and manufacturing services to a variety of industries on a global scale. To learn more about Kimball International, Inc., visit the Company's website on the Internet at: www.kimball.com "Kimball International ... We Build Success!"
Kimball International Announces Four New Officers; Furniture
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