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Compensation
ITT 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.
MoreButler coach Stevens expected to get lucrative offers
April 3, 2010
Anthony SchoettleButler University basketball coach Brad Stevens has an annual base pay of $350,000 with another $37,851 in benefits and deferred
compensation. Not bad for a 33-year-old. But it's no comparison to what big-time men's college basketball coaches make.
MorePurdue signs Painter through 2016-17 season
April 2, 2010
IBJ Staff and Associated PressPurdue announced Friday that the new contract gives Matt Painter a $1.3 million base salary, plus up to $1 million of incentives
for academic, athletic and attendance performance.
MoreITT Educational awards top managers substantial raises
March 10, 2010
Peter SchnitzlerThe Carmel-based for-profit educator paid CEO Kevin M. Modany $7.6 million in total compensation last year, a 63-percent increase
over 2008. And the rest of his management team all enjoyed pay increases of 45 percent or more.
MoreRecession takes toll on university president pay
January 18, 2010
IBJ Staff and Associated PressA survey released Monday by the Chronicle of Higher Education showed compensation packages of
chief executives at public universities leveling off in 2008-2009, rising a relatively modest 2.3 percent. How did Indiana
college presidents fare?
MoreSmulyan signs new contract to lead Emmis
December 21, 2009
Anthony SchoettleJeff Smulyan agrees to terms on a new three-year contract to lead Emmis. Signing and performance bonuses could lead to big
pay raise.
MoreAIT shares profit with employees - again
December 21, 2009
AIT Laboratories said Monday morning it is awarding another $1 million in bonus money to employees, bringing their total take
in profit sharing this year to an impressive $3 million.
MoreIndiana bank CEOs get bigger pay hike than peers
November 14, 2009
IBJ StaffFor banks, the last two years have been among the most tumultuous in history. Financial institution CEOs across the country
responded by trimming their raises in 2009. But in Indiana, bank chiefs didn’t follow form.
MoreSome U.S. charity executives shared the pain in 2008
October 3, 2009
IBJ StaffSome—but not all—not-for-profit executives took pay cuts in 2008, according to the Chronicle of Philanthropy’s
annual salary survey.
MoreWellPoint insiders sell stock at right time
September 12, 2009
IBJ StaffTake the money while it’s there. That’s what a handful of insiders at WellPoint Inc. decided in
the past month as they sold off nearly 150,000 company shares for gains of more than $3 million.
MoreVIEWPOINT: Discuss CEO pay in the open
July 6, 2009
John GuyWhile transparency is a stated goal of many corporations, deliberations regarding distribution of shareholder property
to executives are not subject to light of day or to review. Instead, decision-making is camouflaged by
thousands of words that appear substantial but disclose little.
MoreGUY: What price company leadership?
June 29, 2009
John GuyThe folks who control executive compensation are often executives themselves. Boards must realize that their self-dealing,
self-benefiting ways are grossly out of line with the true value of one's contribution to a business and society.
MoreHalf of state's public-company CEOs saw pay rise in 2008
June 22, 2009
Peter SchnitzlerFor investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state's public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value.
MoreIce Miller still in merger talks with Louisville law firm
June 22, 2009
Scott OlsonThe city's third-largest law firm is poised to tie the knot with Kentucky's Greenebaum Doll & McDonald. But differences in
the way the firms compensate partners are taking longer than expected to sort out.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.