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People in the news - Nov. 26, 2012

 IBJ Staff
November 24, 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.

Banking
Zac Nelson has been promoted to market president, north central region, at Old National Bank.

Civic/Not-for-Profit
Project Management Institute Central Indiana Chapter has named the following officers: Tony Piazza, president; L. Scott Munoz, vice president; Mike Fisher, vice president of communications; and Robert Kirkman, vice president of professional development.

Construction
Shiel Sexton has promoted the following: Ross Dalton, Drew Holst, project managers; Dave Brewer, John Green, senior project managers; Alex Hahn, Tyler Wise, Clint Cravens and Jeremy Abbott, project engineers; Ryan Anderson, project superintendent; and Steve Jansen, Greg Carr and Tony Eisenhut, general superintendents. Shiel Sexton has added the following: Joshua Russell, business development manager; Christy Larson, marketing coordinator; Arev Miller, safety coordinator; and Shaun Guernsey, safety manager.

Garmong Construction Services has added the following: Tricia Sullivan, construction cost coordinator; Cathy Contri, office manager; and Lance Gassert, project manager. Dan Zuerner has been promoted to vice president of business development, and Brian Kooistra has been promoted to vice president of operations.

Services
Enviroforensics has added the following: Rob Hoverman and Phil Ward, project managers.

Melissa Eischeid has joined Express Employment as a business development specialist. Elaine Pesto has been promoted to business development manager.

Dan Lee has been named an account executive for Clearent. Lori Lopez has joined as an account executive.

Scott Keefer has been named executive director at HCR ManorCare and Summer Trace Retirement Community.

Taryn Stejskal has joined FlashPoint as a consultant.

Utilities
Laurie Thornton has been promoted to director, state government affairs, for Vectren Corp.
 

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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. 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.

  4. If you only knew....

  5. 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.

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