City set to end tax break for tech staffing firm
Indianapolis-based technology staffing company BCForward won’t fight a Department of Metropolitan Development move to discontinue tax breaks for the firm’s Market Street headquarters.
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City votes to end tax break for tech staffing firm
The Metropolitan Development Commission voted Wednesday to cancel a tax abatement for Indianapolis-based tech staffing firm BCForward, since it didn’t hit job-creation targets laid out in a 2009 economic development agreement.
Another top executive leaves Angie’s List
Shares of the consumer review service have dropped more than 12 percent since the company announced Monday that Chief Technology Officer Manu Thapar had departed. The firm recently hired a new chief financial officer.
KANNING: Myopic priorities stifle growth
I recently overheard two business leaders saying the slow pace of economic recovery would impede their quarterly results. I concur with their assessment, but focusing on the rate of economic recovery is similar to looking at an iceberg; only 10 percent is visible. The other 90 percent is hidden below the surface.
Bribery scandals sap Lilly’s China growth
Eli Lilly and Co. has been counting on torrid growth in China to help offset losses from patent expirations in other markets, but now slower growth in the Chinese economy and bribery allegations against Lilly and two other drugmakers have hampered Lilly’s growth there.
Durham family members agree to settle trustee claims
Attorneys for the Fair Finance trustee said Tim Durham's ex-wife, Joan SerVaas, has agreed to pay $100,000 and Bernard Durham, his adopted son, $10,000 to settle a lawsuit charging they accepted nearly $300,000 from the disgraced financier.
Local businessman agrees to settle trustee claims
Stephen Blaising said in a recent court filing that he will pay $125,000 to satisfy a lawsuit brought by the bankruptcy trustee representing investors in an Ohio company led by Tim Durham.
2013 CFO OF THE YEAR: Mark Winzenread
Walker CFO Mark Winzenread has overseen the transition of the company through three generations—with a fourth on the horizon.
2013 CFO OF THE YEAR: Matthew Selig
The scouring-powder business and the property management business have little in common … except for Matthew Selig.
2013 CFO OF THE YEAR: Don Van der Wiel
Since Don Van der Wiel joined Fifth Gear as CFO in 2010, revenue has increased 81 percent, from $28.4 million to $51.4 million, with profitability tripling.
2013 CFO OF THE YEAR: Bart Shroyer
For Bart Shroyer, being CFO of a $400 million company has a lot to do with having a system. Or, rather, having many of them.
2013 CFO OF THE YEAR: Steve Hunnicutt
As CFO of Elwood staffing, Steve Hunnicutt’s influence has been much more than temporary.
2013 CFO OF THE YEAR: Chad Jensen
An increase of 600 jobs, a 217-percent rise in revenue over the past four years, and the launch of a chain of wireless retail stores targeted to the Hispanic market—have kept Moorehead Communications CFO Chad Jensen plenty busy.
2013 CFO OF THE YEAR: Patrick Walsh
Patrick Walsh helped Emmis Communications Corp. slash its debt after the financial crisis sapped advertising and forced it into a "crisis mentality."
2013 CFO OF THE YEAR: James Anderson
James Anderson first helped MainSource Financial Group navigate the financial crisis. Now, as the economy improves, he's helping it exploit growth opportunities.
2013 CFO OF THE YEAR: Fred Crawford
CNO Financial Group's stock price has risen and its debt load fallen since Fred Crawford joined the company last year.
2013 CFO OF THE YEAR: Daniel Sellers
Daniel Sellers knew he had to make changes immediately when he joined the Health and Hospital Corporation of Marion County in 2002.
2013 CFO OF THE YEAR: Todd Habig
Todd Habig, chief financial officer and senior vice president of Indiana Members Credit Union, has been involved in 31 mergers.
2013 CFO OF THE YEAR: Shannon Van Deman
Thanks to Shannon Van Deman, Choices Inc. has its strongest balance sheet in its 16-year history.
Community Health CFO makes sudden exit
Tom Fischer, the chief financial and chief operating officer of Community Health Network, departed suddenly this month. Sources with knowledge of the situation described Fischer’s exit as a firing. But a Community spokeswoman said Fischer resigned in a private meeting with Community CEO Bryan Mills.