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Executives
Firms ladle trips, car allowances on top of rich pay packages
May 18, 2013
Dan HumanSenior executives at Indiana's public companies last year received, on average, more in perks than the typical Hoosier
earned all year, IBJ found after reviewing Securities and Exchange Commission documents for more than 60 Indiana
companies.
MoreDuke's CFO heading to Chicago real estate firm
May 17, 2013
IBJ StaffChristie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during
the recession and economic recovery.
MoreWellPoint execs get double-digit pay bumps while stock falls
April 4, 2013
J.K. WallThe Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most
of its top executives saw their pay hold steady or decline in 2011.
MoreBarron's enthrones Simon among world's best CEOs
March 25, 2013
Mason KingAlready one of the most highly regarded CEOs in Indiana and in his industry, David Simon of Simon Property Group now is keeping
company with the likes of Warren Buffett, Amazon's Jeff Bezos and Larry Page of Google.
MoreHillenbrand CEO Camp to step down in September
March 21, 2013
Associated PressKenneth Camp helped transform Batesville-based Hillenbrand Inc. from a $650 million casket company serving North America to
a $1.6 billion global diversified industrial company.
MoreQ&A: New symphony CEO preaches access, innovation
March 21, 2013
Lou Harry, Dan HumanGary Ginstling is taking over an organization trying to address four years of deficits and a shrinking endowment. Days into
his new post, the CEO of the Indianapolis Symphony Orchestra talks with IBJ about priorities, fundraising and keeping
musicians engaged.
MoreCarmel insurer looks within to find new CEO
March 16, 2013
IBJ StaffIndiana Farmers Mutual picks executive vice president and legal counsel to replace long-time leader Daniel Stone.
MoreHurco names new president
March 15, 2013
Gregory S. Volovic has been at the machine-tool manufacturer since 2005 and most recently served as executive vice president
of technology, operations and North American sales and service.
MoreMenard ousts Hilbert from investment firm
March 9, 2013
J.K. WallSteve Hilbert has been ousted as CEO of Indianapolis-based MH Private Equity after a bitter battle with John Menard, the hardware
store king who financed the $500 million private equity firm.
MoreBillionaires Cook, Simon see bump in net worth
March 5, 2013
J.K. WallGayle Cook, the widow of Cook Group Inc. founder Bill Cook, and Herb imon, the owner of the Indiana Pacers, were two of the
four Hoosiers to make Forbes’ annual list of the world's billionaires.
MoreLampoon: Durham used $1M from company to pay attorney
March 4, 2013
J.K. WallFilm company once headed by Indianapolis financier Tim Durham says he transferred $1 million to his Indianapolis lawyer, John
Tompkins, while fighting federal securities fraud charges.
MoreSettlement talks set for Don Marsh severance dispute
March 1, 2013
Scott OlsonLawyers for Marsh Supermarkets Inc. and its former CEO will meet Monday on the issue of whether Don Marsh should have to repay
the roughly $2.1 million in severance he received from the company.
MoreLEADING QUESTIONS: Mainstreet CEO masters efficiency
February 27, 2013
Mason King
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail
on your smart phone? What's it like to take a company public? The real estate exec has answers.
LDI installs new Lacy as CEO, hunts for acquisition
February 23, 2013
J.A. Lacy replaced David Shane, who retired Jan. 1. Lacy wants to add another distribution or logistics and manufacturing
firm to the company's portfolio.
MoreExecutives' transitions to not-for-profits often awkward
February 16, 2013
Dan HumanSmall not-for-profits’ strategy of recruiting big-business executives for top posts has had mixed results since coming
into vogue in the 1990s. For some of the executives, the transitions is a culture shock.
MoreWellPoint exec Carlson leaving insurer after losing CEO bid
February 15, 2013
Bloomberg NewsFormer Amerigroup Corp. CEO James Carlson will leave WellPoint Inc., the company said Friday—three days after he was
passed over for the Indianapolis-based insurer's top job.
MoreWitnesses: Don Marsh’s expenses never questioned
February 14, 2013
Scott OlsonLawyers for the former CEO of Marsh Supermarkets on Thursday hammered home their claims his expenses were widely accepted in the company as normal business costs, while witness testimony revealed a corporate culture that passed the buck on evaluating those costs.
WellPoint shares tumble on surprising CEO hire
February 13, 2013
J.K. WallThe Indianapolis-based health insurer saw its stock tumble as much as 4.8 percent Wednesday morning after it unexpectedly
named career hospital executive Joe Swedish to be its next CEO.
MoreDefense attorneys turn tough in Bales trial
February 1, 2013
Cory SchoutenThe legal team representing real estate broker John M. Bales and partner William E. Spencer haven't called their first
witness and already they're putting up a spirited fight as federal prosecutors seek to prove 13 charges including bank,
mail and wire fraud.
MoreDeveloper loses fraud appeal
December 28, 2012
Scott OlsonThe Indiana Court of Appeals affirmed Christopher White's 2009 conviction, resulting from a $500,000 bad check he wrote as
he tried to save his real estate development firm.
More2012 NEWSMAKER: CEO keeps Simon stock surging
December 28, 2012
IBJ StaffIf there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
MoreFormer brokerage VP suing for sex, age discrimination
December 27, 2012
Dan HumanAttorneys for Dana Hurst say in a Dec. 20 court filing that David A. Noyes & Co. didn't grant her pay increases or year-end
bonuses during her last 15 years on the job, while male counterparts were better rewarded.
MoreREWIND: IBJ's top 10 business stories of 2012
December 26, 2012
The state's labor landscape changed, and the housing market improved. Indianapolis basked in the glow of
a flawless Super Bowl, and big-name CEOs were shown the door. IBJ's reporters and editors recall the year's
biggest stories.
Former IPL president, civic leader Humke dies
December 19, 2012
Ray Humke, 80, served as president of Indianapolis Power and Light Co. from 1990 until he retired in 2001. He died Tuesday
following a brief illness.
MoreCheerleading CEO to become chief at Herff Jones
December 11, 2012
Kathleen McLaughlinThe founder of a cheerleading-supply company will become the next CEO of Indianapolis-based Herff Jones Inc., one of the city's
largest private companies.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.