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People in the news - April 16, 2012

IBJ Staff
April 14, 2012
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People listings are free. Information must be submitted at least 11 days before the Monday issue in which it is to appear. Publication of information might be delayed due to space limitations. To submit information and photos online go to www.ibj.com and use the People submissions form. Photos may be sent as jpegs, 300 dpi and face 3 inches wide. For more information, contact bmaurer@ibj.com.

Advertising/Marketing/Public Relations
James Crandall has rejoined DLZ as vice president, Indianapolis office.

Education
Courseload has added the following: Steve Scott, chief technology officer; John Elder, partnership manager; Shannon Gordon, office manager; Kevin Nitzel, finance manager; and Nikki Walker, sales operations manager.

Melody Stevens has been named executive director and community relations director at the Beech Grove Education Foundation and Beech Grove City Schools.

Health Care
Greg O’Connor has been named board chairman of the Riverview Hospital Foundation.

Dr. Oluyemisi Akintunde, pediatrician, has joined Community Anderson Pediatrics.

Jeff Dill has been promoted to director of reporting and business analytics at Managed Health Services.

Law
Amy A. Matthews has joined Church Church Hittle & Antrim, school law group, as an associate.

Jonathan D. Weinzapfel has joined the government team at Faegre Baker Daniels LLP as counsel. Fei Shen has joined as an associate, intellectual property group.

Manufacturing
Facility Concepts Inc. has added the following: Kim Regan, senior vice president, sales and marketing; Erin Hanson, sales coordinator; Jon Breedlove, programmer; and Sheri McLucas, purchasing.

Real Estate
Century 21 Scheetz has added the following agents: David Bennett, Jose Caceres, Emily Clevenger, Sarah Elliott, Mandy Keller, Michelle Kelly, Nancy Motter, Jon Mutchner and Nancy Shelton-Williams.

Retail
LIDS Sports Group has promoted the following: Carrie Baird, director, human resources; Brad Miller, LIDS Sports Group corporate systems team lead; Amy Rottmann and Elyse Reedy, LIDS team sports sales support representative team leads; and Brachen Abner, LIDS retail embroidery services manager. LIDS Sports Group has added the following: Ashley Turner and Sarah Rivers, LIDS retail apparel merchandisers; Molly Madtson, LIDS clubhouse merchandiser; Christopher Thomas and Adam Balkonis, LIDS retail customer care representatives; Melissa Pollard, LIDS retail data entry specialist; and Gita Young, LIDS retail senior marketing coordinator.

Sports
The Indiana Sports Corp. has added the following to its board: Ed Bonach, CNO Financial Group, Inc.; JoAnn Brouillette, Demeter LP; Jennifer Burk, Junior Achievement of Central Indiana Inc.; Adam Horst, Indiana Office of Management and Budget; Cindy Lucchese, Hillenbrand Inc.; Sandy Searcy, IHSAA; and Lee White, Mainscape Inc.•

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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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