Indiana 100: Kite’s CFO helped set up company to weather downturn
Heath Fear has guided the company to surer financial footing, largely by orchestrating the sell-off of two-dozen less properties to free up cash for future investments.
Heath Fear has guided the company to surer financial footing, largely by orchestrating the sell-off of two-dozen less properties to free up cash for future investments.
The December announcement brought to a bitter close one of central Indiana’s great entrepreneurial success stories. Stephen Russell, the son of a New York City taxi driver, launched the business with a single truck in 1985 and grow it into the largest provider of international truckload services in North America, with more than 150,000 annual border crossings between the United States, Canada and Mexico.
In addition to numerous criminal charges, the former chief operating officer and chief financial officer of Indianapolis-based Celadon Group are facing a civil suit filed Thursday by the U.S. Securities and Exchange Commission.
Heath R. Fear has been named executive vice president and CFO of the Indianapolis-based real estate investment trust, replacing Dan Sink, who stepped down June 30 after serving as Kite’s CFO for almost 20 years.
Brian McDade has been with the retail real estate giant for 14 years, serving in various senior finance and accounting roles.
G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
Derica Rice, 53, one of the nation’s most powerful black executives, retired from Indianapolis-based drugmaker Eli Lilly and Co. in December, after the company passed him over when naming a new CEO.
Eli Lilly CEO David Ricks’ first year in charge was marked by a wave of activity, including a huge corporate restructuring. The company’s stock price climbed about 6.2 percent during the year.
The move comes as the Indianapolis-based trucking company works through financial, accounting and operational issues.
The appointments mark the latest changes in the Indianapolis-based drugmaker’s executive suite since David Ricks took over as CEO in January.
Roger Werner played a “central role” in helping fellow executives fleece the nursing home company, according to a new federal lawsuit.
With the help of Sherry A. Aaholm's team, Cummins Inc. has rolled out advanced analytics and artificial intelligence to help customers' boost engine performance and improve maintenance.
Lucia Downton and her team converted an analog phone system to VOIP and switched ISP vendors, adding up to $50,000 a year in savings for the United Way of Central Indiana.
Rice, 52, who had been the company's top finance officer since 2006, is one of the most powerful black executives in corporate America. He had been widely considered a leading candidate to succeed CEO John Lechleiter, but that position went to fellow Lilly executive Dave Ricks.
The Carmel-based insurance holding company has selected its president, Gary Bhojwani, to succeed Ed Bonach, who has has held the top spot since 2011.
The Indianapolis-based company has tapped D. West Griffin, as 30-year energy industry veteran, as chief financial officer and executive vice president.
The rapid turnover is a symptom of the quickly changing retail industry, as shifting consumer behavior demands new strategies from companies trying to keep up.
Rick D. Snow—who was convicted in 2012 of helping Tim Durham and Jim Cochran loot Fair Finance Co. but didn’t raid the company’s coffers himself—is seeking to get his 10-year sentence reduced.
Investigators said Alfred Talens used money from a wealth management client to pay living expenses, rather than to invest in the Indianapolis-based audio and video business.
The West Lafayette-based company has named CFO and COO Mike Sherman as new CEO and president, but did not give a reason for the abrupt change in leadership.