The median senior executive collected $923,705 in salary, stock or stock options, incentive pay and perks in 2013, IBJ found in a review of proxy statements at 64 companies.The median compensation rose 20 percent from 2012 and doubled since 2006.
Financial Center Federal Credit Union is pursuing a state charter in hopes of becoming a bigger player in Indiana’s financial services sector, a move that echoes a recent national trend of credit unions opting for state charters over federal ones.
The husband-and-wife-owned Wine & Canvas has grown from two to 347 employees in just four years with profitability increasing at a double-digit clip, 48 locations coast to coast and plans for international expansion.
A division of the Indy Chamber is applying to become a U.S. Small Business Administration-affiliated microlender, a move aimed at boosting its available capital and expanding its territory in a wide-open frontier of finance.
With the future of a state-owned downtown parking lot in limbo, Indiana is looking to a smaller space on the west side of the capitol as the site of a public plaza to commemorate the 2016 bicentennial.
The insurer will not let customers who renewed their pre-Obamacare plans late in 2013 do so again this year. But switching to Obamacare-compliant plans could cause some premiums to spike and provider choice to dwindle.