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Longtime Browning Investments leader stepping down as CEO

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The longtime leader of Browning Investments Inc. is stepping down from his positions as president and CEO and will be replaced by a former executive of the company.

Michael G. Browning, who has led the Indianapolis-based real estate development and construction firm since 1981, will maintain his role as chairman of the board, the company announced Tuesday.

Browning’s new president and CEO, effective Aug. 1, is John F. Hirschman, a real estate attorney at Faegre Baker Daniels LLP. He served as Browning’s director of development from 2005 to 2012.

While at Browning, Hirschman was responsible for managing the company’s joint venture relationships with Duke Realty Corp. and Prologis Inc., and oversaw the development of several business parks, in addition to industrial, office and mixed-use facilities.

With 2.2 million square feet completed or under construction locally, Browning ranks as the Indianapolis area’s fifth-largest commercial real estate developer, according to the latest IBJ research.

Michael Browning is also chairman of the board of Visit Indy, and a board member of Duke Energy Corp., the Indiana Sports Corp. and the Indianapolis Indians.

 

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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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