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    David Bordenkecher

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Articles

Smoking warriors expand battlefield: Health advocates accuse grocers, retailers of misleading public with smoke-free claims

April 11, 2005

Bars and restaurants aren’t the only firms that will soon feel the heat from health advocates pushing laws to ban smoking in public places. Some are broadening their gaze to drugstores and even supermarkets as potential health risks-and they’re naming names of offending businesses. It’s a radical approach in a mildmannered metro area, where few dare to poke fingers in the eyes of the business or political elite. And it’s in stark contrast to groups such as Smoke Free Indy,…

Banker fits bill at art museum: Ex-Bank One CEO O’Connor leads facility through final stages of $74M expansion

April 11, 2005

Just over a year after retiring from the top position at central Indiana’s largest bank, former Bank One of Indiana CEO Lawrence A. O’Connor Jr. found himself giving up his newfound freedom to run another big business-the Indianapolis Museum of Art. Making the jump from financial services to arts and culture might seem unlikely, but O’Connor, who’s been serving as IMA’s interim executive director since November, finds himself at home running Indianapolis’ largest arts-related not-for-profit. “This is a wonderful place,”…

IUPUI discovers Office for Women still needs to exist: Program uses workshops, discussions and awards to keep the issues affecting women in the forefront

April 11, 2005

While many universities have programs dedicated to women’s equality, the IUPUI Office for Women is not taken for granted by the administration there. “It is important as part of the university’s diversity department,” said Kathy Grove, director of the IUPUI Office for Women. “It helps women to fulfill their potential and ensure that we have an environment free of harassment based on gender.” Established in October 1996 under the leadership of Dr. Kathleen Warfel, who was a professor of pathology…

Helping pets pop pills: Butler MBA student invents easy way to medicate animals

April 11, 2005

Rob Puma’s idea of a romantic date is not making dog treats in his kitchen. Yet that’s exactly what he found himself doing with his girlfriend over Valentine’s Day weekend in 2004. The unusual celebration of a lover’s holiday was part of what began as a semesterlong MBA project at Butler University four years ago and became, as trite as it sounds, a labor of love for Puma, the inventor of Medi-Crunch, a snack designed to help people medicate their…

SPORTS: Age-defying Reggie bids a historic farewell

April 18, 2005

So much for the meat. Now all we have left is an uncertain supply of NBA playoff gravy. Lap it up while you can. Will we ever see another like No. 31? Will we ever see another who is such an inspiring combination of talent, loyalty, longevity and professionalism? Will we ever have another to represent us so nobly on the stage of professional sports, and to single-handedly carve so many memorable moments into our collective consciousness? We can only…

Web demand by the disabled likely to increase: Accessibility rally aims to boost Internet access

April 18, 2005

There are 54 million Americans living with disabilities. Apparently, most U.S. businesses don’t want their e-commerce. Right now, universal Internet accessibility is a distant dream for the blind, deaf, handicapped and otherwise-disabled. According to local assistive-technology provider Attain Inc., less than 10 percent of Web sites are built with their needs in mind. But Attain is hoping to help change that. On June 11, Attain will stage a local “Accessibility Internet Rally” in conjunction with the national event’s original organizers…

Plumber contrives kid-friendly bathroom: Safety and cleanliness issues motivate father to market concept

April 25, 2005

Toilet training can be one of the most trying times of childhood for toddlers, and child-rearing for parents. But one local plumber’s concept could make the chore easier, if mom and dad are willing to make the investment. David Heffner, who has operated Heffner & Associates LLC from his west-side home since 2001, has developed the Child Friendly Bathroom. He’s had the name trademarked and is beginning to market the high-tech features to customers with kids. Inspired by his 7-…

New barter group begins: Rival files suit claiming execs stole trade secrets

April 25, 2005

A new association offering business owners an opportunity to barter their services among a network of company members has arrived in the city, but not without a legal challenge from a competitor. Tony Sandlin and David Treacy founded Barter Indiana Group after working on a contractual basis at rival Henry Street Trading Co. The two barter organizations and another in the city, the Californiabased franchise BXI Exchange Inc., coordinate the exchange of services among members without involving cash. If a…

Mortgage dip forces Irwin to make cuts: Lender closes 120 branches, trims workers as profits drop, housing market cools off

April 25, 2005

The once-red-hot U.S. mortgage market has significantly cooled. So have the fortunes of Fishers-based Irwin Mortgage Corp. Last year, Irwin Mortgage’s profit dropped $57.8 million, or 74 percent. Then, on April 4, the company revealed it expects to take a “small” loss in this year’s first quarter. As a result, Irwin Mortgage has reduced its number of branch offices around the country from 169 to 49. The company is also cutting its local headquarters staff by 100, to 488 employees….

Farming fortune from frustration: Mower mogul got tired of servicing ‘crap’

April 25, 2005

In 1979, Art Evans busted his knuckles repairing one too many lawn mowers. As a distributor for a nationally known manufacturer, Evans also rebuilt mowers. And refined transmissions and steering units. And spent countless hours on tedious tasks, like adding washers and tightening bolts. Working a few weeks ago in an old milk barn adjacent to his parents’ Putnam County home, Evans was a long way from the 1973 Indiana State Fair, where he first saw a zero-turning-radius lawn mower….

New CEO’s ‘crash diet’ tones up ailing bank: After cutting its expenses, Old National plans to grow in central Indiana markets

May 2, 2005

Now it’s time for Old National to block and tackle. “Bob Jones has set forth a plan that makes good, sound fundamental sense. Now it becomes about execution,” said Joe Stieven, equity analyst with St. Louis-based Stifel Nicolaus & Co. Inc. “Execution in banking is actually no different than in football. Your line has to do a lot of the work, and a lot of that work appears mundane and boring.” Formerly the CEO of Cleveland-based KeyCorp’s McDonald Investments Inc.,…

‘Blue-eyed soul brother’: Radio One’s new GM out to prove race doesn’t matter

May 2, 2005

“I think it had been so long since one of the doors had been opened, no one knew how to open it,” Williams said with a laugh from his office on the north side of downtown. Since that initial learning curve was conquered, the doors haven’t closed. “When Chuck opened those double doors, I was taken aback,” said Amos Brown, director of strategic research and one of the most well-known personalities at Radio One. “I thought, ‘Wow, something here is…

An unemployment riddle defies logical explanation ECONOMIC ANALYSIS Patrick Barkey:

May 2, 2005

You may not believe it, but the data tell us it is true. Indiana is leading the Midwest in job growth. In fact, through the last 14 months, the state’s employers have kept up with the national economy in net job creation, while Illinois, Ohio, and Michigan have seen their job totals remain stubbornly stagnant. But just as we are getting out the party hats to celebrate, along comes news of an entirely different tone on unemployment rates. The process…

Accepting a Grand Challenge: Jones’ robotic startup aims at military market

May 2, 2005

Within the next 10 years, the U.S. Department of Defense hopes to fully automate a third of its ground vehicles. Indianapolis-based high-tech entrepreneur Scott Jones has plans to one day sell the robot pilots the military needs to accomplish that mission. But before he can build a business capable of attracting serious venture capital, he has to build a robot that can drive a Jeep Rubicon across 175 miles of the Mojave Desert in less than 10 hours. And he…

Hilbert defeated on life policies: Conseco had purchased $87.5M in coverage in ’98

May 2, 2005

Seven years ago, Conseco Inc. purchased $87.5 million in life insurance coverage for company founder Stephen Hilbert and his wife, a move that seemed to assure vast wealth would pass on to the Hilbert family after their deaths. But in a new ruling, Chicago bankruptcy Judge Carol Doyle said Conseco’s obligation to provide coverage terminated when the company filed for Chapter 11 protection in December 2002. As a result, she ruled, Hilbert family trusts, which had filed millions of dollars…

BEHIND THE NEWS: Brothers who built ticket broker now battling

May 2, 2005

The Kinnett brothers formed Front Row Tickets Inc. 16 years ago, and together they built it into one of the city’s largest ticket brokerages. That success, how- fueled acrimony. Kyle ever, now has Kinnett, 35, has sued his 50-50 partner Scott, 36, and is asking a judge to appoint a receiver to oversee the business until it’s sold. “Serious differences have arisen between Kyle and Scott concerning the conduct and management of the business,” leaving them deadlocked, according to the…

BULLS & BEARS: Sarbanes-Oxley leads to small-company delistings

May 9, 2005

While many view an initial public offering of stock the mark of a fast-growing company, a stark contrast has begun to emerge. There has been a marked increase in the number of small, publicly traded companies voluntarily opting to remove their shares from the markets. The main reason expressed for doing this is the financial burden associated with complying with the Sarbanes-Oxley Act of 2002. The new regulations mean increased expense in audit and legal fees. The requirements consume company…

Rose-Hulman aims for education, not incubation: Michigan-based EDF Ventures takes lead of Indiana Future Fund-backed partnership REI Ventures

May 9, 2005

The name is unchanged, but under Jack Midgley education comes first at Rose-Hulman Ventures. Business incubation is a distant second. And speculation on high-tech startups is outside the university’s core mission. “The function of Ventures is education, because the function of Rose-Hulman is the education of engineers,” said Midgley, Rose-Hulman Institute of Technology’s embattled president. “Ventures is not a separate entity. It’s part of the undergraduate program at Rose-Hulman, like the math department or the mechanical engineering department.” Named president…

Finances another obstacle for Rose: University’s money problems predate controversial leader

May 23, 2005

In Terre Haute, his management style has come across like a bull in a china shop. Rose-Hulman Institute of Technology’s faculty and students voted “no confidence” in his abilities. The university’s staff will soon take a vote of its own, and an upcoming trustee meeting will likely address the matter. But as the tide of opinion turned against Rose-Hulman President Jack Midgley, detractors stopped asking a fundamentally important question: Could Midgley be right about the need for change? Last September,…

SPORTS Bill Benner: IRL vision falls short for driver on outside looking in

May 23, 2005

This will be the 10th Indianapolis 500 since the split-or chasm, or Grand Canyon-wide divide-in American open-wheel racing, and there is no question that the Indy Racing League and CART/Champ Car continue to suck the exhaust fumes of NASCAR. They lag well behind the taxi-cab series in crowds, television ratings, media coverage and corporate support. Why the knuckleheads who rule both open-wheel circuits stubbornly continue to go their own way is way beyond me, but I suspect the reason can…

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