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Richard Shepperd is retiring as president and CEO of Bioanalytical Systems Inc., a
West Lafayette-based provider of clinical research services and equipment. Sheppard already surrendered his position as president,
and the company’s board named Anthony Chilton, the company’s chief operating officer, interim
president. The board said it would conduct a national search for a new CEO. Shepperd, 69, became CEO in September 2006 and
had agreed to stay no later than December 2009. During his tenure, Bioanalytical’s stock lost 85 percent
of its value.

Dr. Michael Langley has joined Carmel-based Anson Group as a regulatory consultant.
Langley retired from Eli Lilly and Co., having served in many roles, including director of regulatory affairs and clinical
research.

Dr. Shanna Bowman and Dr. Stacey Smith have joined County Line Pediatrics,
a new practice on South Emerson Avenue that’s part of St. Francis Medical Group. Both Bowman and Smith earned
their medical degrees at the Indiana University School of Medicine.

The Indiana Health Industry Forum made Kristin
Jones its president and CEO after she had performed those jobs on an interim basis since 2008. Also, the health and
life sciences group named former Roche Diagnostics executive Joerg Schreiber chairman.

Indy without Lilly, the 500?

An Indiana University prof thinks Indianapolis should anticipate a future without Indianapolis Motor Speedway, and a potentially
reduced Eli Lilly and Co.

Salvation Army falls short of fund-raising goal

The Salvation Army Indiana said Tuesday that it just missed the $3 million mark in its annual Tree of Lights campaign, partly
because the Jan. 12 earthquake in Haiti diverted the
staff’s attention from the fund-raising effort.

Q&A: Dr. Kristine Courtney

Dr. Kristine Courtney, Eli Lilly and Co.’s senior director of corporate health services, describes
how and why the company spent two years making its clinics some of the first to electronically swap patient records with
a local hospital database.

Measure allowing guns in city parks proposed

City-County Councilor Ed Coleman introduced a measure on Monday to allow legally registered guns in Indianapolis parks. The
Libertarian and member of the National Rifle Association pointed out that guns are allowed in every Indiana state park, and
that, beginning Feb, 22, firearms also will be allowed in some national parks. The Council’s Parks and Recreation Committee
is expected to consider the issue as early as Feb. 25.

Security tight for Colts and fans

Security measures for Sunday’s Super Bowl will be extreme, and somewhat akin to those at airports, according to officials.
U.S. Homeland Security Secretary Janet Napolitano gave her seal of approval during a tour of Sun Life Stadium in Miami on
Monday. The security team features federal, state, and local officers, as well as bomb-sniffing dogs at stadium checkpoints.
The Colts have plenty of eyes watching over them, including a team of deputies to patrol the team’s hotel and a motorcade
for traveling around the city.

IPS delays school start after Super Bowl

Indianapolis Public Schools will delay school for two hours Monday morning. In a news release Tuesday, the district said the
delay acknowledges that some staff might not arrive to work at their usual time, due to the late start of the game. Additionally,
the district’s dress code will be waived on Friday so students can wear clothing to support the Indianapolis Colts. Fox59
will have more at 4 p.m.

Deborah Simon says other potential trustees have conflicts

Melvin Simon’s daughter, who’s seeking to remove her stepmother from overseeing a trust that holds her late father Melvin’s
fortune, says a corporate trustee is a better option than brother David Simon or family financial adviser Bruce Jacobson.

Health firms still attracting venture capital

The uncertainty of health care reform and a bad economy curtailed venture capital flow in 2009. That trend hit Indianapolis,
but the rest of the state actually saw an increase.

Dow AgroSciences profit falls despite revenue increase

Indianapolis-based Dow AgroSciences said Tuesday it posted a profit of $69 million in the fourth quarter, down 19 percent
from the prior year because of increased research and development spending and higher administrative expenses. Revenue was
up 17 percent.

Emerson Heights wins historic designation

Emerson Heights, a streetcar suburb just west of Irvington, has been added to the State Historic Register and will be considered
for inclusion on the National Register of Historic Places.

CBS sells out Super Bowl advertising slots

More than a dozen first-timers will kick off ad campaigns with spots purchased during the Super Bowl on Sunday, making up
for holes left by Priceline.com and Toyota.

Bull-riding boss takes reins of Indy Racing League

The CEO of the Professional Bull Riders Association has accepted an offer to lead the Indy Racing League. The IRL has been
without a leader since Tony George was ousted last summer as boss of the Indianapolis Motor Speedway.