Brownsburg-based State Bank names new CEO
Brownsburg-based State Bank has a new CEO following the Dec. 31 retirement of longtime executive Mike Baker.
Susan Orr
Articles
IU Indianapolis adds sports business-focused co-major
Indiana University’s Kelley School of Business in Indianapolis offers three co-majors, which are 15-credit-hour programs students can take in addition to their core major.
Boonville bank sues state depositor insurance fund
A small bank in southwestern Indiana claims that it and other financial institutions around the state are owed a combined hundreds of millions of dollars that are held in a state-run bank deposit insurance fund.
Butler to host conference on entrepreneurship through acquisition
Buying a business is nothing new, but entrepreneurship through acquisition—or ETA—has caught on in recent years among those who want to become business owners but don’t want to start a company from scratch.
Angi to eliminate 350 jobs, citing ‘AI-driven efficiency improvements’
Angi, which previously operated as Angie’s List, is based in Denver and has significant operations in Indianapolis and New York City. The company did not specify how many jobs would be cut in specific locations.
Rollin Dick remembered for ‘lasting impact’ on local community
Former insurance executive, business investor and philanthropist Rollin “Rollie” Dick died Jan. 3 at age 94.
Nonprofit group Indy Women in Tech disbands after 9-year run
Indy Women in Tech was formed in 2016 to encourage women and girls to enter science, technology, engineering and math careers.
Investment firm targets ultra wealthy for growth
As of Dec. 5, Sapient Capital LLC had $13.3 billion in assets under management—the total value of assets a firm manages for its clients—and it’s working to more than double that figure in the foreseeable future.
Indianapolis man faces fraud charges from SEC in alleged $300M Drive Planning Ponzi scheme
Gerry Linarducci, former managing director of Drive Planning LLC, faces charges related to an alleged scheme to defraud real estate investors in Indiana and nationwide.
Republic designates longtime executive to be its next CEO
Republic Airways president Matt Koscal has been with the company since 2014, serving in several positions.
Dormakaba to acquire Clarksville-based turnstile company
Avant-Garde Systems Inc. has been one of the fastest-growing companies in the Louisville area in recent years.
Indiana Real Estate Commission revokes Avon real estate agent’s license over fraud claims
During a commission hearing Wednesday, witnesses said Jeremy Tucker defrauded them out of millions of dollars through unpaid loans or forged documents.
Carmel-based OpenLane announces new stock ticker symbol
The old ticker symbol is a holdover from OpenLane’s previous name, KAR Auction Services Inc. The new symbol debuts at the open of trading Dec. 26.
Carmel man faces 2 federal charges in complex fraud case
Jordan Chirico is facing both criminal charges and civil litigation over his alleged connections to what authorities describe as a $200-million-plus Ponzi scheme.
FullBeauty Brands to merge with menswear retailer DXL
The all-stock deal will result in a company with combined revenue of about $1.2 billion, the companies announced Thursday.
Entrepreneur Randy Stocklin joins Pragmatico as co-CEO, co-founder
Stocklin joins as Pragmatico, launched last year by serial entrepreneur Santiago Jaramillo, is shifting its focus from workshops to consulting.
Indiana couple accused of insider trading on $3.7B acquisition
An indictment unsealed this week does not identify the companies involved, but details in the court documents line up with those of Cummins’ 2022 acquisition of Michigan-based Meritor Inc.
Economic, tech experts talk AI at Elevate Ventures event
Artificial intelligence is spurring big investments, big opportunities and big disruptions, speakers said at an Elevate Ventures event Thursday afternoon in downtown Indianapolis.
Longtime Old National exec Jim Sandgren to retire
Jim Sandgren has been with Indiana-based Old National since 1992 and currently leads the bank’s commercial lending operations.
Indianapolis-based Sharpen Technologies acquires California company
Sharpen Technologies has completed a deal for fellow call-center software provider Ytel Inc., it announced Tuesday, marking its third acquisition in three years.