Indianapolis Business Journal

MAY 30-JUNE 5, 2011

This week, find out how Indiana public-company executives fared last year—and search our compensation database. Also, see what's ahead for the long-dormant Central State Hospital redevelopment project and check out a gallery of photos from the grounds. In Focus, read about how owners of a local family business are steeling themselves to hand over the reins. And in A&E, etc., see what Lou Harry thought of Krzysztof Urbanski’s unofficial coming-out party with the Indianapolis Symphony Orchestra.

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Front PageBack to Top

Speedway’s new generation makes mark

While the Indianapolis Motor Speedway revels in its centennial this month and motorsports aficionados take a nostalgic look back, the next generation of heirs to the Hulman George fortune has its eyes firmly fixed on the future.

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CEOs see stock windfall after market crash

Executives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three years ago. With searchable database.

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Total pay for executives surged in 2010

Total executive compensation at Indiana’s largest public companies continued to rise sharply coming out of the recession, even though many of them have yet to erase the red ink in their shareholders’ portfolios.

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Top StoriesBack to Top

Rise of machines bodes well for tech firm Mesh Systems

The founder of Mesh Systems, a company that develops wireless “machine-to-machine” communications software and hardware, says his products have countless applications. Earlier this month, Mesh closed on a $2.5 million private placement from investors in Indiana and Wisconsin.

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FocusBack to Top

OpinionBack to Top

EDITORIAL: Nordstrom loss not death knell for downtown

The news that Nordstrom Inc. will close its Circle Centre mall store July 31 is proof that the suburbs still rule where retail is concerned, but it shouldn’t signal a repeat of the gradual decline downtown suffered when merchants began leaving the city’s core in the 1950s.

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IPS is improving

There’s been much talk recently about the possibility of mayoral control of Indianapolis Public Schools. Missing in this debate are the voices of the students and families who actually live within and are served by the school district.

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Families First helps beat addiction

In response to the prescription drug article [in the May 16 Focus section], with the increase in prescription-drug abuse throughout the state, there are two important things to understand:

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Swipe-fee reforms will ensure prosperity

Merchants in the Hoosier state have experienced an inordinately swift and severe rise in swipe fees, a charge that card-issuing banks levy against retailers every time a customer uses a debit card to make a purchase.

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In BriefBack to Top