Indianapolis Business Journal

DEC. 11-17, 2020

The negotiations to relocate Elanco Animal Health’s headquarters campus from Greenfield to downtown Indy’s west side were so high-stakes and top-secret that city and state officials needed to use code names to refer to them. Mickey Shuey has a fascinating, behind-the-scenes look at the negotiations, which included a huge incentives package for Elanco, competition from other cities and an ungainly piece of property tied up in tense litigation between the city and a private developer. Also in this week’s issue, Lindsey Erdody examines the financial strains that state legislators must address as they put together the state’s next two-year budget—and the likelihood that education will shoulder some of the burden. And John Russell explores how hospitals are discharging some patients earlier than they normally would in order to free up more beds during the pandemic. In some situations, they’re going home with oxygen machines, intravenous lines and powerful medicines.

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2020 CFO of the Year: Anna O’Nan

Under Anna O’Nan’s leadership, the company rolled out its NextGen platform and negotiated key partnership and reseller agreements, which accelerated growth and dramatically enhanced the company’s market position.

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2020 CFO of the Year: Cynthia Lucchese

Cindy Lucchese steers the financial fortunes of Penske Entertainment, the Roger Penske-owned entity she helped create when the racing icon bought the Indianapolis Motor Speedway, the IndyCar series and IMS Productions from the Hulman family in January 2020.

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2020 CFO of the Year: Steve Mark

Before anyone had heard of COVID-19, Steve Mark had worked with others on the Byrider executive team to update finance and accounting policies and procedures and equipped his entire team to work remotely.

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2020 CFO of the Year: Matt Hawkins

Under Matt Hawkins’ leadership, Ivy Tech has increased its net unrestricted funds from $331 million to $507 million, and the school’s investment portfolio has exceeded its investment income goals by $33 million.

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