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People in the news - March 25, 2013

 IBJ Staff
March 23, 2013
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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
Klancey Zubowski has joined Valpak and REACH Magazine as a graphic designer.

Nick Prihoda has joined Young & Laramore as account director, Brizo and Goodwill accounts. Nick Riedle has joined as assistant account manager, Scotts Lawn Service account.

Marty Vanags has been named vice president of regional economic development and executive director of the Indy Partnership, Indy Chamber.

Civic/Not-for-Profit
DeShong Perry-Smitherman has joined the Eiteljorg Museum of American Indians and Western Art as public relations manager.

Ali King has been named executive director of Central Indiana Youth for Christ.

Mental Health America of Greater Indianapolis has elected the following: David McCulloch, president; Jolaine Hill, vice president; Nancy Dillo, treasurer; and Katherine Kassel, secretary. Robert Rummel and Nathanial Major have joined as new board members.

The Indianapolis Zoo has named the following officers: Dan Appel, Gregory & Appel Insurance, chairman; Mike Bosway, City Securities, first vice chairman; Jeff Harrison, Citizens Energy Group, second vice chairman; Beth Cate, Indiana University, secretary; Jim Powers, Crowe Horwath LLP, treasurer; and Alan Cohen, Finish Line (retired), immediate past chairman. Bob Laikin, Brightpoint, has been named to the zoo’s board of trustees. New members of the advisory council are Brian Upchurch, Column Capital, and Jill Burnett, Maurer Family Foundation. Eleanor “Dickie” Bookwalter and Julia Lacy were both elected as life trustees.

Construction
Mark J. Greiner has joined Coreslab Structures Inc. as a sales consultant/project administrator.

Edward J. Woods Jr. has been promoted to vice president of business development at Keystone Construction Corp.

Education
Christopher H. Molloy has been named vice president for university advancement at the University of Indianapolis.

Jason Howanec has joined Harrison College as vice president of enrollment.

Health Care
Stephanie McGraw has joined American Health Network Employee Health as a health coach.

Laura Beggrow has been named president of Strand Diagnostics LLC.

Dr. Kay Eigenbrod, board-certified obstetrics and gynecology, has joined St. Vincent Medical Group.

Titus Schleyer has been named to lead the Center for Biomedical Informatics at the Regenstrief Institute Inc. He will also serve as co-director of translational informatics with the Indiana Clinical and Translational Sciences Institute.•

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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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