Compensation
Simon CEO lands $137 million in compensation
April 10, 2012
J.K. WallDavid Simon must remain CEO of Indianapolis-based Simon Property Group for at least six years to see any of the $120 million
in special stock awards the company’s board of directors awarded him last year, and must stay on eight years to reap
the full amount.
MoreCompensation dips slightly for WellPoint brass
April 3, 2012
J.K. WallAngela Braly, CEO of the Indianapolis-based health insurance company, received total compensation of nearly $13.3 million,
down 1.5 percent from the $13.5 million she made the previous year.
MoreEx-airport CEO getting lofty departure pay
March 23, 2012
IBJ StaffGlobetrotting John Clark, who stepped down from his job March 19, will receive $270,000, plus unearned vacation days, as part
of his severance package from the Indianapolis Airport Authority.
MoreEDITORIAL: Circles program is peace plan for class warfare
October 29, 2011
Dr. James Lemons, a local neonatologist, deserves recognition—and support—for his quest to bridge the widening
gap between the country’s haves and have-nots.
MorePartner pay up at local law firms
July 23, 2011
Scott OlsonPartners at Indianapolis’ three largest law firms—Barnes & Thornburg LLP, Baker & Daniels LLP and Ice
Miller LLP—are enjoying healthy pay increases despite the tough economic times.
MoreSimon Property Group signs CEO to long-term contract
July 8, 2011
IBJ Staff and Bloomberg NewsIndianapolis-based Simon Property Group Inc. signed an employment agreement with CEO David Simon that will keep him as head
of the largest U.S. mall owner for the next eight years—and give him a one-time award worth $120 million.
MoreCEOs see stock windfall after market crash
May 28, 2011
J.K. WallExecutives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's
Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three
years ago. With searchable database.
MoreTotal pay for executives surged in 2010
May 28, 2011
J.K. WallTotal executive compensation at Indiana’s largest public companies continued to rise sharply coming out of the recession,
even though many of them have yet to erase the red ink in their shareholders’ portfolios.
MoreEqual Pay Day highlights persistent wage disparity
April 13, 2011
Scott OlsonIn Indiana, women working full time are paid an average of $31,762 per year while men earn an average of $43,631 annually,
U.S. Census Bureau statistics show.
MoreExecutive compensation surges at CNO Financial Group
April 12, 2011
J.K. WallThe Carmel-based life and health insurer more than doubled CEO Jim Prieur’s compensation, and also gave increases ranging
from 44 percent to 89 percent to other top executives.
MoreWellPoint CEO received 3-percent raise last year
March 19, 2011
Associated PressThe Indianapolis-based insurer awarded Angela Braly a total pay package worth $13.4 million, up from $13.1 million in 2009
even as the company's profit and enrollment numbers slipped.
MorePROXY CORNER: Eli Lilly and Co.
March 19, 2011
IBJ StaffEli Lilly and Co., Lilly Corporate Center, Indianapolis, 46285 (www.lilly.com) discovers, develops, manufactures and sells
pharmaceutical products for humans and animals.
MoreNew federal rules prompt ITT to change bonus-pay criteria
March 9, 2011
Scott OlsonThe Carmel-based for-profit educator still will pay its top executives bonuses, but they'll no longer be tied to school enrollment,
the company said Tuesday in a proxy filing.
MoreITT Educational OKs bonuses to keep managers in place
December 27, 2010
IBJ StaffCarmel-based ITT Educational Services Inc.’s management team will get special cash bonuses if they remain with the company
until the end of June, ITT disclosed in a regulatory filing last week.
MoreMost not-for-profit execs modestly paid, survey says
November 13, 2010
Kathleen McLaughlinLocal consultants Bryan Orander and Jim Morris conducted the survey this summer to fulfill what they see as a lack of hard
data on executive pay in the local not-for-profit sector.
MoreBiglari's revised incentive package approved by shareholders
November 8, 2010
Anthony SchoettleAfter criticizing an earlier pay proposal, 82 percent of Biglari Holdings' shareholders approved a scaled-back bonus agreement
for their CEO.
MoreAfter disagreement, Lewis leaves WellPoint with $3.2M
October 27, 2010
J.K. WallDijuana Lewis will get nearly $3.2 million on her way out the door at WellPoint Inc. after what sources described as a dispute
with CEO Angela Braly over a change in duties.
MoreBiglari adjusts controversial pay proposal
October 1, 2010
Cory SchoutenThe parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing
shareholder approval of the plan at a rescheduled special meeting.
MoreFour Hoosiers among richest Americans; Irsay ascends
September 23, 2010
IBJ StaffIndianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes
400 list of the nation’s wealthiest people.
MoreSteak n Shake parent postpones meeting amid pay uproar
August 10, 2010
Scott OlsonSan Antonio-based Biglari Holdings Inc. said late Monday it will delay a planned Aug. 24 shareholder meeting to give the company
time to
address "misinformation" regarding its CEO's controversial pay package.
MoreNot-for-profit pay survey launched online
June 26, 2010
IBJ StaffSeeing a lack of timely, accurate information about pay and benefits at local not-for-profits, two consultants have launched
an online compensation survey.
MoreSoft Landing: Pay slipped for most execs in 2009, but cuts weren't deep
May 22, 2010
Peter SchnitzlerTop executives at Indiana's public companies have largely been insulated from the economic crash. IBJ's
review of executive pay found that, although 131 of the 238 executives listed in proxy statements the past two years saw annual
compensation fall in 2009, only 10 experienced cuts of more than $1 million.
MoreUnorthodox pay package puts Biglari on defensive
May 15, 2010
Greg AndrewsSardar Biglari, chairman and CEO of Biglari Holdings Inc., the Texas-based parent of Steak n Shake, rolled out a hedge-fund-style
compensation plan for himself late last month that could put staggering sums in his pocket.
MoreMARCUS: How much is too much when it comes to compensation?
April 17, 2010
Morton MarcusThis month, as you watched the gallant Butler University basketball team uphold the honor of the Hoosier state, did you wonder
about the compensation of college coaches and their future NBA stars?
MoreBrightpoint cuts CEO's pay by almost 35 percent
April 5, 2010
Peter SchnitzlerRobert J. Laikin earned $2.2 million in 2009, nearly 35 percent less than in 2008. Several other members of his management
team also took
substantial pay cuts.
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graham. they are even better w/ roasted marshmallows and melted chocolate
Apparently ticket sales are slow too...mas emails have been sent by the speedway in a last ditch attempt to get place fans to come.
Garden Valley Veggie flavor Wheat Thins Toasted Chips. Don't judge until you try them, haters!
Doc, a few important errors in your statements:
(1) The developer is spending the CITY'S money (the city is paying for the cost of the garage), so the city can damn well insist on a quality design.
(2) The LAW requires the proposed building to comply with design standards, and insisting that people follow the law is not giving anyone the "run-around."
(3) A two-week delay to make some minimal aesthetic improvements is hardly a great imposition being imposed on the developer.
(4) If the developer would rather build a crappy building elsewhere with their own money, then they are welcome to pick up and do so.
(4) Indianapolis is a major city, not some podunk town that needs to spread its legs for any developer that throws the place a sideways glance. Indianapolis should insist on the best, not settle for junk. Accepting anything is not going to make Indianapolis grow any faster (not sure where you got that silly notion from), nor is Indianapolis a slow-growth city compared to similarly sized city's in the Midwest.
Alone. Or with cheese.