Executives

Local Easter Seals CEO to retire after 32 years

October 18, 2012
James Vento, president and CEO of Easter Seals Crossroads, is retiring after 32 years at the helm of the Indianapolis-based agency, the not-for-profit said Wednesday.
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Evans to lead AIT again as CEO leaves company

October 15, 2012
 IBJ Staff
Ron Thieme, who took over as president and CEO of AIT Laboratories during a management shakeup earlier this year, is leaving the company, the Indianapolis-based firm announced Monday morning.
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Cook again tops list of richest Hoosiers

September 20, 2012
 IBJ Staff and Associated Press
The widow of medical device pioneer Bill Cook ranks 104th with a net worth of $3.7 billion. Other Hoosiers to make the Forbes 400 list were shopping mall magnate and Indiana Pacers owner Herb Simon, hotel developer Dean White and Indianapolis Colts owner Jim Irsay.
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Vera Bradley co-founder announces retirement

September 6, 2012
Associated Press
Vera Bradley Inc. co-founder Patricia Miller says she will retire from the Indiana-based handbag and luggage maker she helped start in 1982.
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WellPoint CEO's critics suggesting replacements

August 24, 2012
Bloomberg News
Another plea for the ouster of WellPoint CEO Angela Braly is spurring discussions among investors and analysts about a replacement. Top suggestions include James G. Carlson, the chief of Amerigroup Corp., and David B. Snow Jr., the former chief of Medco Health Solutions Inc.
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Six BrightPoint execs to share $31M golden parachute

August 22, 2012
Dan Human
Brightpoint Inc. CEO Robert Laikin stands to receive $14.1 million after his company is acquired by Santa Ana, Calif.-based Ingram Micro Inc., say SEC documents released this week.
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Simon Property directors sued over CEO’s pay

August 8, 2012
Bloomberg News
The board of the largest U.S. shopping-mall owner wrongfully authorized a compensation package for CEO David Simon that included $120 million in special stock awards, a Louisiana pension fund claimed in the lawsuit filed Wednesday.
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Philanthropist, business leader Eccles dies at 76

June 25, 2012
 IBJ Staff
Margot Lacy Eccles, a longtime Indianapolis philanthropist and business leader, died Monday at age 76, according to a statement from LDI Ltd.
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SPECIAL REPORT: Stock-based pay builds wealth for Indiana execsRestricted Content

June 2, 2012
Greg Andrews
IBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted. If a company's stock price surges, executives can make out far better. (with searchable database)
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Mentors give entrepreneurs a business boostRestricted Content

May 26, 2012
Andrea Muirragui Davis
Good mentors can make a world of difference to up-and-coming entrepreneurs. Countless business owners find themselves in need of a gut check from time to time and, these days, mentors are an essential part of their toolkit.
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Typical CEO at public firm made $9.6M last year, study finds

May 25, 2012
Associated Press
Study that pegs Simon Property's CEO as highest-paid finds executive compensation is soaring along with profit at public companies.
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Airport authority trims executive ranks in cost-cutting move

May 24, 2012
Chris O'Malley
The Indianapolis Airport Authority has eliminated three executive positions, a move its board president says reflects a return to a more conventional and efficient corporate structure.
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Shareholder group advises against Simon CEO bonus pay

May 7, 2012
Cory Schouten
Simon 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.
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Celadon Group names new chief financial officer

April 30, 2012
Associated Press
Celadon Group Inc. announced Monday that it has named Eric Meek as executive vice president, chief financial officer and treasurer, effective immediately, as part of a succession-planning process.
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Airport's ex-CEO lands job at Gary Chicago International

April 24, 2012
Associated Press
Former Indianapolis Airport Authority CEO John Clark has landed a six-month job in a business development role at Gary Chicago International Airport.
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HealthNet names new president and CEO

April 24, 2012
The Indianapolis-based not-for-profit network of health care centers said J. Cornelius Brown, who arrives from Swope Health Services in Kansas City, Mo., will replace the retiring Booker Thomas.
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Angie's List COO joining One Click Ventures

April 13, 2012
 IBJ Staff
Scott Brenton, the departing chief operating officer of Indianapolis-based Angie’s List Inc., is joining One Click Ventures LLC in Greenwood.
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Compensation dips slightly for WellPoint brass

April 3, 2012
J.K. Wall
Angela 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.
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Ex-airport CEO getting lofty departure pay

March 23, 2012
 IBJ Staff
Globetrotting 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.
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Local PNC Bank exec joining law firm Krieg DeVault

February 29, 2012
Scott Olson
Stephen A. Stitle will leave the bank to come aboard the law firm as a partner on May 1. Stitle has spent a combined 17 years at PNC and National City Bank, which PNC purchased in 2008.
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Deceased HHGregg chairman oversaw explosive growth

January 23, 2012
Greg Andrews
Jerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion in revenue. He died over the weekend while visiting his ranch in Colorado.
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Four area biz leaders to be inducted into hall of fame

January 9, 2012
Jim Irsay, Indianapolis Colts owner; Scott Dorsey, co-founder and CEO of ExactTarget; Cathy Langham, president of Langham Logistics Inc.; and Jerry Throgmartin, board chairman of HHGregg Inc. will join the Central Indiana Business Hall of Fame in February.
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Forum Credit Union names new chief executive

December 1, 2011
The Fishers-based financial institution is turning to company veteran Doug True to help Forum rebound from a $2.8 million loss in 2010.
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Gayle Cook tops list of richest Hoosiers

September 22, 2011
Kathleen McLaughlin
The widow of Bill Cook joined Dean White, Herb Simon and Jim Irsay on the annual Forbes 400 list of wealthiest Americans.
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Irsay blazing a trail through TwitterRestricted Content

September 17, 2011
Anthony Schoettle
The Indianapolis Colts' Jim Irsay is among only a handful of NFL owners tweeting and has three times as many followers as such high-profile owners as the Dallas Cowboys’ Jerry Jones. His offbeat tweets are seen as marketing genius by some. Others wonder if they ramble a bit too far out of bounds or undermine Irsay's staff.
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