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  "documentTitle": "Hill-Rom Holdings, Inc. (HRC)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-10-29 00:00:00",
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      "text": "There have been some OK acquisitions, but very little consistency from management, and the execution has been poor. There has been pressure to continue to pursue M&A to grow the company for shareholders, and to increase comp. There was also major pressure to hit quarterly numbers – and I felt it. We originally had longer-term financial planning – around three to five years. That was eventually reduced to fiscal year targets, then to quarterly targets, and now to monthly targets under [new CEO John] Groetelaars.",
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      "text": "There have been some OK acquisitions, but very little consistency from management, and the execution has been poor. But there has been pressure to continue to pursue M&A to grow the company for shareholders, and to increase comp. There was also major pressure to hit quarterly numbers – and I felt it. We originally had longer-term financial planning – around three to five years. That was eventually reduced to fiscal year targets, and now to monthly targets under [new CEO John] Groetelaars. — Former Employee, Hill-Rom",
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