Executive pay
Shareholder group advises against Simon CEO bonus pay
May 7, 2012
Cory SchoutenSimon Property Group Inc. is firing back at a corporate governance advisory firm that has recommended Simon shareholders vote
against an employment agreement for CEO David Simon that includes a $120 million retention award.
MoreSimon 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.
MoreSEC filing: Ex-IPL chief Murtlow qualified for large payout
November 12, 2011
Chris O'MalleyIndianapolis Power & Light chief Ann Murtlow left the utility this spring under terms of a separation agreement that would
have entitled her to at least $404,410, according to documents the utility filed Nov. 3 with the Securities and Exchange Commission.
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.
MoreWellPoint approves annual 'say on pay' measure
May 17, 2011
J.K. WallShareholders of WellPoint Inc. approved on Tuesday the hefty pay packages of the company’s executives and voted for
the right to weigh in annually on future executive compensation.
MoreVerizon retirees coming to city to protest executive pay
May 3, 2011
IBJ StaffThe Association of BellTel Retirees Inc. will press the board of Verizon Communications Inc. to tighten standards for executive
pay when the New York company holds its annual meeting in Indianapolis this week.
MoreCitizens CEO making more than peers at bigger utilities
April 23, 2011
Chris O'MalleyCitizens Energy Group CEO Carey Lykins' 2010 pay package, salary and bonus, totaled $1.6 million, more than his counterparts
at the three largest municipal gas utilities in the country.
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.
MoreSimon CEO compensation jumps to $24.6 million
April 8, 2011
Bloomberg NewsSimon Property Group Inc.’s board is working on a long-term employment agreement with Chairman and CEO David Simon,
whose compensation rose more than fivefold last year.
MoreWellPoint to give shareholders annual 'say on pay' vote
April 8, 2011
J.K. WallAll publicly traded companies have to allow advisory votes about top executives compensation every two or three under the
Dodd-Frank financial reform passed by Congress last year.
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.
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.
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.
MoreEDITORIAL: Executive pay policies, not salaries, need reform
May 29, 2010
In the wake of a recession blamed largely on Wall Street, boards need to act. But reducing executive pay shouldn’t
be their primary objective.
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.
MoreInteractive Intelligence performance lifts CEO's pay
April 15, 2010
Peter SchnitzlerCEO Donald Brown saw a 32.4-percent increase in total compensation last year as the software-maker's shares soared 169
percent.
MoreKite Realty Group slashes CEO's pay 44 percent
April 14, 2010
Peter SchnitzlerJohn A. Kite's total compensation fell to $689,074 last year while the rest of his management team also took deep pay cuts.
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.
MoreCompensation for WellPoint's Braly rises 51 percent
April 2, 2010
Associated PressStock options, bonus fuels CEO's pay.
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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.