Many readers would call the Indiana literary legend Kurt Vonnegut’s legacy priceless. Not Mike Pellegrino. His job is to estimate
future sales of Vonnegut’s work so his estate can be fairly divided today. That means Pellegrino will have to determine whether
the author’s popularity is more likely to wax or to wane in the years to come.
For the first time in decades, the Internal Revenue Service is making a major revision to the way not-for-profits disclose information about their finances, governance and operations. Coming in the wake of scrutiny from federal lawmakers and regulators alike, the changes to IRS Form 990 that take effect next year require not-for-profit leaders to provide more information on executive compensation and potential conflicts of interest, for example. And for the first time ever, most organizations will be required to file…
Former insiders of One Call Communications appear to be targets of a Justice Department criminal inquiry, according to a filing by the defunct company’s court-appointed receiver. Pittsburgh-based Meridian Group said it was served a subpoena Sept. 19 from the U.S. Attorney for the Western District of Pennsylvania to testify before a grand jury on Oct. 21 on matters involving One Call.
A year of computer snafus boiled over Oct. 13 when the St. Francis system declared WellPoint Inc. in breach of its contract
because of habitually late payments.
The Finish Line Inc. The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis, www.thefinishline.com, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories. For the quarter ended Aug. 30, the company reported net income of $13.1 million, or 24 cents per diluted share, on $353.3 million in revenue. Those totals compare […]
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) Mark A. Schroeder $386,550 $250,000 $0 $136,550 -11% CEO, president $0 Kenneth L. Sendelweck $235,443 $160,000 $0 $75,443 -12% president, Commercial $0 Clay W. Ewing $234,484 $160,000 $0 $74,484 -4% president, Retail $0 Bradley M. Rust […]
The corporate name change to ‘That’s Good HR’ strengthens the identity of staffing firm.
A growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity
for Vontoo Inc., a local IT firm.
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) Paul E. Hassler $785,875 $323,687 $257,023 $205,165 118% CEO, president $0 Andy L. Nemeth $602,789 $204,451 $257,023 $141,315 156% CFO, secretary, treasurer $0 Todd M. Cleveland $412,748 $246,565 $0 $166,183 N/A Chief operating officer $0 Gregory […]
DIRECTORS Stephen Russell, 68 Occupation: Chairman and CEO of the company Number of common shares: 1,296,982 Previous year: 1,251,420 Michael Miller, 63 Occupation: Chairman and CEO of Aarnel Funding Corp., partner of Independence Realty, president and CEO of Miller Investment Co. Inc. Number of common shares: 64,175 Previous year: 55,033 Anthony Heyworth, 64 Occupation: Retired […]
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) Stephen Russell $2,108,148 $638,258 $1,103,656 $46,234 148% chairman, CEO $320,000 Paul Will $992,211 $248,000 $526,997 $17,214 193% vice chairman, CFO $200,000 Chris Hines $959,351 $239,883 $472,480 $66,988 N/A president, COO $180,000 Jonathan Russell $512,114 $207,142 $89,500 […]
Indianapolis-based electronics and appliances retailer HHGregg Inc. said today it plans to appoint a new CEO in August. It also said its current CFO is stepping down. The company’s current president, Dennis L. May, will take over for Jerry W. Throgmartin, a 33-year veteran of the chain who has served as CEO since 2003. Throgmartin […]
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) James C. Thyen $2,400,280 $842,850 $1,267,871 $289,559 -26.2% president and CEO $0 P. Daniel Miller $966,255 $476,000 $182,550 $307,705 -8.1% executive vice president $0 Donald D. Charron $907,609 $492,000 $255,570 $100,039 3.5% executive vice president $60,000 […]
Duke Realty Corp. has ended a year-long stretch without a chief financial officer, hiring Christie B. Kelly to the post effective Feb. 27, the Indianapolis-based company announced today. Kelly, 47, a former financial executive at General Electric Co. and Lehman Brothers Inc., replaces Matthew Cohoat, who stepped down last March. Kelly most recently was senior […]
State officials had high hopes for an investment pool created last year to give Indiana’s school districts and local governments a safe, short-term place to deposit taxpayer money and earn interest. Then the economy tanked. The account’s daily interest rate fell from 3.23 percent last February to just 0.53 percent today. Its balance dwindled from […]
State officials had high hopes for an investment pool created last year to give Indiana’s school districts and local governments a safe, short-term place to deposit taxpayer money and earn interest. Then the economy tanked. The account’s daily interest rate fell from 3.23 percent last February to just 0.53 percent today. Its balance dwindled from […]
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) John A. Kite $570,360 $358,125 $186,300 $25,935 19% CEO and president $0 Thomas K. McGowan $479,721 $300,875 $151,163 $27,683 17% chief operating officer $0 Alvin E. Kite Jr. $423,013 $150,000 $255,000 $18,013 34% chairman $0 Daniel […]
DIRECTORS Alvin E. Kite Jr., 74 Eugene Golub, 77 Occupation: Chairman of the Board of the Occupation: Chairman, Golub & Co. company Other directorships: The Family Institute Number of common shares: 4,505,034 Number of common shares: 39,260 Previous year: 3,652,769 Previous year: 28,917 John A. Kite, 42 Gerald L. Moss, 72 Occupation: President and CEO […]
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) Keith E. Busse $3,556,242 $767,500 $741,147 $2,046,595 12% CEO $1,000 Richard P. Teets Jr. $2,067,828 $441,667 $443,051 $1,812,110 21% executive vice president $1,000 Mark D. Millett $2,050,595 $441,667 $443,051 $1,164,877 8% executive vice president $1,000 Gary […]
The Finish Line Inc. has hired the former chief financial officer of national bookstore chain Borders Group Inc. to take the same position at the Indianapolis-based athletic footwear and apparel retailer. Edward W. Wilhelm, 50, joined Ann Arbor, Mich.-based Borders in 1997 after a four-year stint at Troy, Mich.-based Kmart Corp. He will take over […]
