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Executives
Fair trustee settles with local political groups
September 13, 2011
Scott OlsonThe settlements involve donations made by Tim Durham totaling $60,000 to the Marion County Republican Central Committee, Greater
Indianapolis Republican Finance Committee and the Committee to Elect Lawrence Mayor Paul Ricketts.
MoreCummins CEO Solso retiring at end of year
July 12, 2011
Associated PressCummins Inc. says Tim Solso will retire as chairman and CEO at the end of the year. The 64-year-old Solso has led Cummins
since 2000.
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.
MoreOutgoing CEO: After 'near-death experience,' CNO doing well
July 7, 2011
J.K. WallCEO Jim Prieur got more than he bargained for when he took over CNO Financial Group (then-Conseco) five years ago, but he
said he's ready to step down now that the insurer is in good shape.
MoreKlipsch steps down as speaker maker CEO
June 1, 2011
Kathleen McLaughlinLongtime Klipsch Group executive Paul Jacobs will take the helm, giving the Indianapolis company its first leader not named
Klipsch.
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.
MoreBrightpoint CFO leaves with $2.75M pay package
May 11, 2011
Scott OlsonAnthony Boor, who joined Brightpoint in 1998 and served as the company's chief financial officer since 2005, left the company
on Tuesday. He received separation pay totaling $2.75 million.
MoreIPL exec promoted to CEO
May 11, 2011
IBJ StaffAfter about a month as interim CEO, Indianapolis Power & Light Co. executive Ken Zagzebski has won the job for good.
MoreBill Cook, medical device magnate and philanthropist, dies at 80
April 15, 2011
IBJ Staff and Associated PressThe founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of
dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics
department.
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.
MoreIrsay, Simon tie on magazine's world's-richest list
March 10, 2011
IBJ StaffIn a feat not possible for their teams, Indiana Pacers owner Herb Simon and Indianapolis Colts owner Jim Irsay tied for 879th
place on Forbes magazine’s annual list of the richest people in the world. Bill Cook and Dean White also made
the list.
MoreIndiana executives pare stock holdings
March 5, 2011
Cory SchoutenExecutives and directors at several Indiana public companies took advantage of market strength in February to pare back their
stock holdings, narrowly missing a pullback sparked by turmoil in Libya.
MoreBrightpoint exec Fivel leaving for Simon Property Group
January 19, 2011
IBJ StaffOne of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position
at Simon Property Group.
MoreJA inducting four into Business Hall of Fame
January 13, 2011
Ceremony at Indiana Roof Ballroom on Feb. 17 will honor Michael G. Browning, David R. Frick, Stephen Russell and the late
Eli Lilly.
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.
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.
MoreJudge hears arguments challenging Emmis sale
July 20, 2010
Scott OlsonCommon shareholders are challenging the proposed acquisition of the company by closely held JS Acquisition LLC, formed by
Emmis Chairman and CEO Jeffrey H. Smulyan in an effort to take it private.
MoreSmulyan buyout plan could take Emmis full circle
June 5, 2010
Greg AndrewsThe going-private deal he worked out—with New York-based Alden Global Capital—could result in another public offering
five years from now.
MorePolice reviewing death of Tomisue Hilbert's mother
May 25, 2010
Scott OlsonInformation that could prove her death was not an accident has surfaced during civil proceedings involving a life insurance
policy.
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.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!