Chicago, Il. — Hill-Rom Holdings president and chief executive officer John Greisch, 62 has informed the board he will retire by the end of the third quarter of 2018.“It has been an honor to lead this great company over the last eight years, and I am extremely proud of the value we have created together for patients, customers and shareholders,” said Mr. Greisch. “I want to thank each of our 10,000 employees around the world for their support and ongoing commitment to helping people get better care inside and outside the hospital. This is the right time for me personally, and for the company, to transition to the next generation of leadership. Hill-Rom is well positioned for future success with a strong team, solid foundation, and exciting growth prospects, and I look forward to working alongside our tremendous leadership team until we’ve successfully transitioned to my successor.”Hill-Rom officials say they will complete the search for a replacement by the end of the third quarter.