EnerDel parent facing shareholder legal battle
At least three lawsuits accuse Ener1, the parent of Indianapolis-based advanced-battery maker EnerDel, of misleading investors about its financial condition.
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Dr. Nicholas M. Barbaro has been named chairman of the department of neurological surgery at the Indiana University School of Medicine and the first medical director of the new Indiana University Health Neurosciences Center of Excellence. Barbaro will join IU on Nov. 1 after departing the University of California-San Francisco medical school, where he oversees neurosurgery residents and is conducting a federally funded study of epilepsy. Barbaro will succeed Dr. Paul Nelson, who is retiring.
Tom Laux will step down in March as CEO of Indiana University Health Morgan Hospital in Martinsville. Laux has led the county-owned hospital since 1999 and engineered its merger with Indianapolis-based IU Health.
Dr. Bill VanNess will retire at the end of 2012 as CEO of Community Hospital Anderson. VanNess, an Anderson native and family physician, has led the hospital, which is affiliated with Indianapolis-based Community Health Network, since 1997.
Bryce Carmine, president of Eli Lilly and Co.’s bio-medicines division, and Frank Deane, president of Lilly’s global manufacturing operations, both will retire on Dec. 31. They have worked at the Indianapolis-based drugmaker for 36 and 33 years, respectively. Dave Ricks, president of Lilly’s U.S. subsidiary, will become chief of the bio-medicines unit. That division oversees sales in the United States, Europe and Japan of some of Lilly’s most lucrative drugs, including the antipsychotic Zyprexa, the antidepressant Cymbalta and the anti-impotence pill Cialis. Succeeding Deane will be Maria Crowe, now senior vice president for global drug product manufacturing. Lilly also announced that Alex Azar, its vice president of U.S. managed health care services, will replace Ricks as head of Lilly USA.
New Christian Theological Seminary president embracing the arts
New Christian Theological Seminary President Matthew Myer Boulton wants to create a more vibrant atmosphere at CTS, by attracting younger students who can live on campus full time and by drawing the general public for lectures, concerts and religious events on a regular basis.
Kennedy’s persistence put to test
Supporters and detractors of Melina Kennedy agree on this description of her: a persistently hard worker. Whether that trait is enough to make the 42-year-old Democrat an effective leader of the nation’s 12th-largest city is an open question.
Solar flop puts energy funding in limbo
Companies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider the fate of at least $600 million in loan guarantees.
LOU’S VIEWS: It takes a circus
A team of collegiate collaborators turns Cathy Day’s acclaimed book into a stage musical
Allison cuts ribbon on assembly plant in Hungary
The 150-employee operation will ship products to international customers.
Emmis finds silver lining despite deep losses in 2Q
Indianapolis-based Emmis Communications Corp. announced Thursday that second-quarter revenue slipped from last year and losses nearly quadrupled. However, the sale of three radio stations for $120 million, a reduction in debt and increases in advertising give executives hope.
Maregatti Interiors acquired by HKS architectural firm
Indianapolis’ largest commercial interior design business has been purchased by the national architecture firm that designed Lucas Oil Stadium.
Also this week
“The Endurance: Shackleton’s Legendary Antarctic Expedition” opens Oct. 15 for a run through Feb. 19 at the Indiana State Museum. Details here.
Mary Chapin Carpenter plays the Palladium on the 13th, followed by the Bacon Brothers on the 15th and the National Acrobats of China on the 16th. Details here.
Grammy-winning Dan Zanes and Friends joins the Metropolitan Youth Orchestra for an Oct. 16 family concert that includes audience participation. Details here.
The creepy clowns of the Squidling Brothers Circus Sideshow visit Indy for an Oct. 19 show at the White Rabbit Cabaret. Details here.
Inspired by the Ken Burns documentary, interested folks gather at watering holes across the city to discuss prohibition during the Indiana Humanities Council’s “Moonshine and Morality” on Oct. 18. I’ll be moderating the chat at Goose the Market. Details here.
Charlie White seeks voter-fraud probe of Bayhs
Indiana's beleaguered Indiana secretary of state requested an independent prosecutor to look into his allegations of vote fraud and homestead fraud against former Democratic Sen. Evan Bayh and his wife, Susan.
Funeral center buys maker of granite memorials for $3.5M
The Buchanan Group acquired Fewell Enterprises, a Scottsburg firm with 28 employees.
Loss of Pacers season would deal blow to CIB, state revenue
A canceled 2011-2012 NBA season might suck $5 million in tax revenue from state and Capital Improvement Board coffers.
UPDATE: CIB backs grant for Big Ten football championship
The $125,000 in funds from the city’s Capital Improvement Board will help the Indiana Sports Corp. put on the Big Ten Football Championship game in December and basketball tournament in March.
Agency urges complete overhaul of Pan Am Plaza garage
Indianapolis’ Department of Code Enforcement made the recommendation Friday afternoon after citing safety concerns posed by possible structural deficiencies.
Groundbreaking study values college football programs
IU prof’s 242-page dissertation puts a price tag on teams as if they were for sale on the open market, and it’s filled with nuggets sure to grab the attention of academics, sports business experts and fans alike.
Olympia Media Partners’ newspapers reaching more college campuses
IU grads add employees, revenue as they prepare to expand their company’s footprint to 45 schools.
Developer proposes $22M project for Keystone Towers site
The Whitsett Group LLC’s plans call for a $22 million project that would include nearly 140 apartments and a retail component on the property where Keystone Towers stood. The company submitted the lone bid to the city to redevelop the site.
HARRIS: Training programs should prove their mettle with results
Simply put, the type of program, number of credit hours, or path to certification aren’t as important as teachers’ impact on their students.