2012 WOMAN OF INFLUENCE: Christie Kelly
After a long career at GE, Kelly is the executive responsible for the financial performance of one of the city’s biggest commercial real estate firms.
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IU may hit jackpot by leasing parking in Bloomington, Indy
Indiana University is about two weeks away from issuing a request for proposals on a lease that would last 30 to 50 years, Chief Financial Officer Neil Theobald said. A similar deal at The Ohio State University generated $483 million.
Six BrightPoint execs to share $31M golden parachute
Brightpoint Inc. CEO Robert Laikin stands to receive $14.1 million after his company is acquired by Santa Ana, Calif.-based Ingram Micro Inc., say SEC documents released this week.
Latest CIB budget contains no new payments to Pacers
Payments on a three-year, $30 million subsidy ended this year, but discussions continue between CIB officials and Pacers officials on future leases involving Bankers Life Fieldhouse.
Temple University names IU’s CFO as president
Neil Theobald, chief financial officer at Indiana University, will officially take the helm of the Philadelphia institution Jan. 1.
Bioanalytical taps accountant for turnaround
With spending running well ahead of revenue, West Lafayette-based Bioanalytical Systems Inc. ousts its CEO in favor of its CFO.
Fairbanks leader Cross stepping down after impressive run
When Helene Cross arrived to lead Fairbanks Addiction Treatment Center in 2001, the alcohol and drug rehabilitation hospital was as sick financially as its patients were physically.
Lawrence Township finds buyers for surplus buildings
The northeast-side school district has sold one building, has three offers for another and is seeking tenants for 100,000 square feet in a third building.
Durham trial closing arguments provide clashing accounts
The prosecution described Tim Durham as "the mastermind" of a Ponzi scheme, while partner Jim Cochran acted as the front man who lied "to people's faces," and Chief Financial Officer Rick Snow served as the "backroom numbers guy."
Fair Finance CFO staying out of prosecutors’ crosshairs
Rick Snow, Fair Finance Co.'s former chief financial officer, isn't accused of collecting insider loans like co-defendants Tim Durham and Jim Cochran. But he's facing the same felony charges.
Orthopedic startups attracting big money
The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.
BASI promises ‘never again’ after big losses
Bioanalytical Systems Inc.’s new CFO won praise this month for laying out an aggressive cost-cutting plan—but not before the rest of the company’s leaders got a tongue lashing for their past performance.
New ads reflect IMS’ more-aggressive sponsorship mindset
The Indianapolis Motor Speedway is selling advertising along the world-famous, 103-year-old race course for the first time ever, a break with tradition that promises to boost its financial firepower as racetracks nationwide are struggling.
Angie’s List COO joining One Click Ventures
Scott Brenton, the departing chief operating officer of Indianapolis-based Angie’s List Inc., is joining One Click Ventures LLC in Greenwood.
Would-be donor’s big promises vex trail of victims
Those left in the lurch by financial promises unfulfilled by Joe Bilby are mystfied by his motives, since he seems not to have profited from any of it.
ZALOUDEK: New normal is all about mixing work and pleasure
The best talent in the Indianapolis area is flocking to interesting offices … with kegs.
Sale of Fortune Industries would take company private
The company is set to be purchased by CEP Inc., a holding company led by Fortune Industries CEO Tena Mayberry and Chief Financial Officer Randy Butler. But several law firms are investigating the sale for potential unfairness on behalf of shareholders.
Tax caps zap schools in Zionsville; Lebanon district awash in cash
Changes made five years ago in state property-tax laws have strangled the school district in wealthy Zionsville, while schools in neighboring blue-collar Lebanon are in solid financial shape.
Shelbyville casino fined $150,000 by state gaming agency
The most serious offense by horsetrack and casino Indiana Live involved sending electronic promotions to dozens of people who had voluntarily excluded themselves from receiving casino solicitations.