Proxy Corner

PROXY CORNER: Simon Property Group Inc.Restricted Content

April 13, 2013
Indianapolis-based Simon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls and community shopping centers.
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PROXY CORNER: ITT Educational ServicesRestricted Content

March 30, 2013
Carmel-based ITT Educational Services Inc. provides technology-oriented, post-secondary education, including associate’s, bachelor’s and master’s degrees as well as non-degree programs.
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PROXY CORNER: Lakeland Financial Corp.Restricted Content

March 16, 2013
Warsaw-based Lakeland Financial Corp. is a holding company for Lake City Bank, which has about $3.1 billion in assets.
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PROXY CORNER: Hillenbrand Inc.Restricted Content

March 2, 2013
Batesville-based Hillenbrand Inc. sells burial caskets and other death-care products. The company also operates a Process Equipment Group, which makes material-handling equipment and systems.
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PROXY CORNER: Bioanalytical Systems Inc.Restricted Content

February 16, 2013
West Lafayette-based Bioanalytical Systems Inc. is a provider of contract-research services to the pharmaceutical industry.
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PROXY CORNER: Hurco Cos. Inc.Restricted Content

February 2, 2013
Indianapolis-based Hurco Cos. Inc.designs and produces interactive computer controls for the metal cutting and metal forming industry.
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PROXY CORNER: Cardinal Ethanol LLCRestricted Content

January 19, 2013
Cardinal Ethanol LLC is based in Union City and operates an ethanol plant near that eastern Indiana city.
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PROXY CORNER: Horizon Bancorp

January 5, 2013
 IBJ Staff
Horizon Bancorp, 515 Franklin Square, Michigan City, Ind. 46360, operates as Horizon Bank and Heartland Community Bank.
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PROXY CORNER: Remy International Inc.Restricted Content

December 22, 2012
Pendleton-based Remy International Inc. manufactures starters, alternators and electric motors for vehicles.
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PROXY CORNER: Steel Dynamics Inc.Restricted Content

December 8, 2012
Fort Wayne-based Steel Dynamics Inc. is one of the largest steel producers and metals recyclers in the United States.
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PROXY CORNER: Old National BancorpRestricted Content

November 24, 2012
Evansville-based Old National Bancorp is a bank holding company with $9.4 billion in assets and more than 180 branches in Indiana, Illinois and Kentucky.
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PROXY CORNER: First Financial Corp.Restricted Content

November 10, 2012
Terre Haute-based First Financial Corp. is the holding company for First Financial Bank, The Morris Plan Co. of Terre Haute and Forrest Sherer Insurance. It operates more than 60 banking offices in Indiana and Illinois.
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PROXY CORNER: Shoe Carnival Inc.Restricted Content

October 27, 2012
 IBJ Staff
Evansville-based Shoe Carnival Inc. operates 345 shoe stores in 32 states and Puerto Rico, in addition to selling through its website, shoecarnival.com.
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PROXY CORNER: Celadon Group Inc.Restricted Content

October 13, 2012
 IBJ Staff
Indianapolis-based Celadon Group Inc. is a trucking company that provides long-haul, full-truckload freight service through Canada, the United States and Mexico.
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PROXY CORNER: KAR Auction Services Inc.Restricted Content

September 29, 2012
KAR Auction Services Inc. is the holding company for ADESA Inc., which operates used-vehicle auctions at 68 locations, Insurance Auto Auctions Inc., which operates salvage auctions at 161 locations, and Automotive Finance Corp., which provides floorplan financing at 104 locations.
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PROXY CORNER: Kimball International Inc.Restricted Content

September 15, 2012
Jasper-based Kimball International Inc. operates two business lines, electronic manufacturing services and furniture manufacturing.
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PROXY CORNER: First Merchants Corp.Restricted Content

September 1, 2012
Muncie-based First Merchants Corp. operates 79 branches in 24 Indiana counties and two Ohio counties.
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PROXY CORNER: HHGregg Inc.Restricted Content

August 18, 2012
 IBJ Staff
Indianapolis-based HHGregg Inc is a retailer of consumer electronics and home appliances. It operates 212 stores in 17 states.
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PROXY CORNER: Interactive Intelligence Group Inc.Restricted Content

August 4, 2012
Indianapolis-based Interactive Intelligence Group Inc. develops communications and interactions-management software.
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PROXY CORNER: The Finish Line Inc.

July 21, 2012
The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis, www.finishline.com, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories.
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PROXY CORNER: BrightPoint Inc.Restricted Content

July 7, 2012
Indianapolis-based BrightPoint Inc.provides worldwide distribution and integrated logistics services to the wireless communications industry. The company announced July 2 that it had agreed to be acquired by California-based Ingram Micro for $650 million in cash and the assumption of $190 million in debt.
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PROXY CORNER: Vera Bradley Inc.

June 23, 2012
Vera Bradley Inc., 2208 Production Road, Fort Wayne, Ind., 46808, sells handbags, accessories, paper-and-gift items and travel items through 55 retail stores, nine outlet stores, 3,300 specialty stores and through verabradley.com.
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PROXY CORNER: Emmis Communications Corp.

June 9, 2012
Emmis Communications Corp., One Emmis Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN 46204 (www.emmis.com), is a media company that owns radio stations and magazines.
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PROXY CORNER: Endocyte Inc.Restricted Content

May 12, 2012
West Lafayette-based Endocyte Inc. is a biopharmaceutical company developing therapies for the treatment of cancer and inflammatory diseases.
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PROXY CORNER: Noble Roman's Inc.Restricted Content

April 28, 2012
Indianapolis-based Noble Roman’s Inc. is a franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants. Some outlets are stand-alone, while others are in non-traditional locations, such as universities, convenience stores, travel plazas and military bases.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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