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LEADING QUESTIONS: IPL chief takes charge

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Leading Questions

Welcome to the latest installment of  “Leading Questions: Wisdom from the Corner Office,” where  IBJ sits down with central Indiana’s top bosses to talk shop about their industry and the habits that lead to success.

Ann Murtlow, 49, was named CEO of Indianapolis Power & Light Co. in 2002, soon after the utility's acquisition by Virginia-based AES Corp. It was a rough transition for AES, which suffered a precipitous stock slide and debt crisis coinciding with the Sept. 11 attacks, the Enron debacle and the ensuing disruption of the utility industry. A slew of lawsuits followed the acquisition, including charges that AES' top brass misled stockholders about the financial well-being of the company.

Murtlow, who had spent much of her career with AES, had her work cut out for her. In the video below, she describes her first several months at the helm of IPL and her top priority as the new CEO.



In addition to her demanding day job, Murtlow serves on a dozen high-profile boards, including the board of directors for the Federal Reserve Bank of Chicago. In the video below, she reveals secrets for effective time management, as well as how she finally gave up a long-time addiction.

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  • Impressive!
    It's so nice to see a hardworknig woman break through the glass ceiling.

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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