Family business repairs what others toss
Much of downtown has been erased and rebuilt over the last 38 years, but quietly and with almost no notice, Cento’s Shoes has remained one of the few constants.
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Articles
Stimulus just way too big to spend this year
After much debate, the U.S. House and Senate have come together on a stimulus package. Whether it will work remains to be seen. And the long-term impact of spending nearly $800 billion is a big concern.
Hoosier architects need to reach out globally
Indianapolis-area architects are missing out on a wealth of outsourced design work for construction projects.
Advanced energy next focus for economic development
The Central Indiana Corporate Partnership—the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives—let it be known last month that there would be a fourth leg to its economic development stool: clean technology.
State thinking clean-WEB ONLY
The Central Indiana Corporate Partnership-the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives-let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as the Indiana Energy Systems Network and has been under the reins of Paul […]
Reviews: Cirque and Feinstein
There’s not enough room in my IBJ print column this week to discuss all I’m seeing this week. Plus, I wanted to get word to you on these two while they are still in town. So here’s two quick reviews:
First,…
Decision delayed on proposed crematorium-WEB ONLY
It will be at least another week before the city’s Metropolitan Development Commission decides whether to allow a crematorium to be built near the corner of Allisonville Road and 82nd Street. The commission was supposed to decide Feb. 4 whether the Harry W. Moore Funeral Care center could construct a one-story, 1,600-square-foot crematory on the […]
DIRECTORS
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
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 […]
You-review-it Monday
For me, the last few days included an opening at the Phoenix, a world premiere with the Indianapolis Symphony Orchestra, and finally getting around to watching “Love Actually.”
How about your weekend? Did you take in any First Friday events? Catch “Durang-O-Rama” or “To…
CIB IN CRISIS No simple fix for $50M hole-WEB ONLY
Click here to learn more about the CIB’s bond troubles. The Indianapolis Capital Improvement Board revealed just days ago that it will cost nearly $50 million annually to get the organization’s books back into the black. Now, the question is whether professional sports teams or taxpayers will foot the bill-a debate that’s already raging behind […]
Lilly CEO compensation rises to $10.8M-WEB ONLY
Eli Lilly and Co. CEO John C. Lechleiter saw his compensation spike nearly 28 percent in 2008 as he took over the top job at the Indianapolis-based drugmaker. Lechleiter received $10.8 million in salary, bonus, stock and perks during the year, according to a preliminary proxy statement filed today by Lilly with the U.S. Securities […]
Shakespeare hall-of-famers
Tonight, the Guthrie Theatre’s touring production of “Henry V” comes to Purdue University. Shortly after talking about it on the air today at Fox 59 (where I offer a weekly preview of upcoming arts events–see clip at www.ibj.com/arts), I…
Foundations narrow focus-WEB ONLY
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams toward pressing needs brought on by the recession. “This is not the year to be wide open,” Central Indiana Community Foundation President Brian Payne said. Two major funds under the CICF umbrella, the Indianapolis Foundation and the […]
Grant-makers, stung by market crash, favor safety-net causes, discourage new applicants
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams
toward pressing needs brought on by the recession.Biotech push may help offset generic competition; some analysts skeptical
Lilly executives want to make biotech their top focus.
Lyon takes Finish Line helm as shoppers cut spending
Glenn S. Lyon, the new head at The Finish Line Inc., has plenty to tackle. Traffic is down at Finish Line stores, sales have slowed and competitors are slashing prices.
Lilly’s new twist-WEB ONLY
To survive in an uncertain future, Eli Lilly and Co. needs drugs that develop faster and cheaper and that perform better. Biotech drugs, Lilly executives insist, fit that bill. That’s why Lilly shelled out $6.5 billion to buy the biotech fi rm ImClone Systems Inc. in November, six months after it opened its own $1 […]
Retail boss: Zero debt huge plus-WEB ONLY
It isn’t easy being a retail CEO in a deep recession. Glenn S. Lyon, the new head at The Finish Line Inc., has plenty to tackle. Traffic is down at Finish Line stores, sales have slowed and competitors are slashing prices. But the home-grown retailer has at least one major advantage: Lyon, the ‘s president, […]
L’explorateur latest eatery to close-WEB ONLY
Upscale Broad Ripple restaurant L’explorateur, which prides itself on an avant-garde menu built around locally grown food, is closing Saturday. Owner Neal Brown, who opened the restaurant in May 2006, informed customers of his decision this week on his blog. Plans for a downtown location are still in the works, however. Brown could not be […]