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Joyce Irwin has been named CEO of Community Health Network Foundation, the charitable arm of the Indianapolis-based Community Health Network hospital system. On Oct. 22, Irwin will replace Dr. Jeffrey Boester, who has served as interim CEO since June, following the departure of Michele Dole. Irwin was most recently national director of state government affairs, regulatory and public policy at Roche Diagnostics Corp. in Indianapolis. Before Roche, Irwin worked as a consultant on corporate public policy for Eli Lilly and Co. She holds bachelor's and master's degrees in education from Indiana University.
AIT Laboratories has named Paula Conroy its chief financial officer. Conroy most recently operated her own consulting business specializing in CFO services for privately held companies. Conroy previously worked at the U.S. Securites & Exchange Commission and Ernst & Young LLP. She holds both a bachelor’s in management and an MBA from Purdue University and is a certified public accountant.
Dr. Sarah Ali, an oncologist and hematologist, has joined Franciscan Physician Network Oncology & Hematology Specialists on the south side. Ali earned her medical degree at St. George’s University School of Medicine in Grenada, West Indies, and completed a hematology-oncology fellowship at Michigan State University.
Sean Fallon has been named chief technology officer for CNO Financial Group Inc. He most recently worked at Lincoln Financial Group, where he served as vice president for application development in its group protection division. Fallon holds a bachelor’s degree in business and finance from the University of Wisconsin at Madison and a master’s in finance from the University of Wisconsin at Milwaukee.
The Fishers-based Behavior Analysis Center for Autism hired psychologist Genae Hall as its new research director and consultant. She currently serves as the co-director of Behavior Analysis and Intervention Services. A native of California, Hall holds a bachelor’s degree in psychology from the University of California at Santa Barbara, a master’s in psychology from Western Michigan University, and a doctorate in psychology from West Virginia University.
Judge tosses out lawsuit blasting Irwin executives
A judge dismissed a lawsuit filed by Irwin Financial Corp.'s bankruptcy trustee, saying the only party with the right to bring suit was the bank’s receiver, the Federal Deposit Insurance Corp. It didn't do so by last month's deadline.
Lawmakers question Abound loan, citing quality issues
House Republicans want more information about a $400 million loan guarantee from the U.S. Energy Department to Abound Solar Inc., citing reports that significant “technological difficulties” with the company’s solar panels were known before the aid was approved.
Legal fees nearing $9M in Fair Finance bankruptcy
The trustee in the Fair Finance bankruptcy case and his law firm have run up legal bills approaching $9 million, nearly double the recoveries they've achieved to date for investors victimized by convicted fraudster Tim Durham.
KENNEDY: Elections have consequences
Try as I might, it is close to impossible to escape the political ads blanketing the airwaves in these last days leading up to the election.
Bringing New Orleans home to Indianapolis
Frank and Katrina Basile’s Lake Clearwater abode is (almost) filled with art from The Big Easy.
Financial crisis pushes millennials to fiscal conservatism
Researchers find that the recession had a particularly profound effect on the political attitudes of younger millennials, who’ve come of age as the adults who preceded them have lost homes, jobs and retirement funds. Their age group also faces high unemployment.
Backers of 30-year gas-purchase deal to press on
The Indiana Finance Authority and Indiana Gasification LLC plan to amend a 30-year contract that obligates the state to buy the company's synthetic natural gas. The move is in reaction to an appeals court ruling that reversed regulators' approval of the deal.
Durham lawyer balks at proposed 225-year sentence
The attorney for convicted Ponzi schemer Tim Durham argues that the presentencing report miscalculates the losses suffered by investors, includes a range of allegations that weren’t proven at trial and blames his client for events outside his control.
Indianapolis accounting firm settles with Fair Finance trustee
Somerset CPAs PC will pay $500,000 to settle litigation brought by the bankruptcy trustee of Fair Finance Co., the Ohio-based firm that convicted financier Tim Durham used to conduct a major Ponzi scheme.
Much of trustee’s suit against Fair Finance lenders dismissed
Fair Finance Co.'s investors have been dealt a blow by a federal judge who dismissed a bankrutpcy trustee's lawsuit against one of the company’s deep-pocketed lenders.
MUTZ: More campaign disclosure necessary
Who made a campaign contribution and for how much should be public information before the election. Two court rulings since 2010 and creation of several finance vehicles have complicated and confused the situation.
ALTOM: It’s easy to fill gaps in business knowledge online
The online world is blossoming with education, both good and questionable. It was one of the first uses for the Web. The Web brought technical people together to share information, and often it was in the form of a tutorial to answer the question, “How do I get this to do that?”
2012 CFO OF THE YEAR: Steve Collins
Steve Collins, chief financial officer of ExactTarget, is a finalist in the public companies category.
2012 CFO OF THE YEAR: Jack A. Gochenaur
Jack A. Gochenaur, chief financial officer and treasurer of Manchester University, is a finalist in the not-for-profit category.
Pliant Ohio regulators helped clear path for Durham’s fraud
The Ohio Division of Securities allowed Fair Finance to register investment certificates even after the company stopped providing audited financials and Tim Durham drained more than $100 million from the firm through insider loans.
Durham asks court for five-year sentence
Convicted Ponzi schemer Tim Durham is requesting a much shorter prison stay than the life sentence federal prosecutors want him to serve. The convicted Ponzi schemer and two associates are set to be sentenced Friday.