Large HHGregg investor ups stake, surprising analysts
HHGregg Inc. shares have enjoyed a spectacular runup this year. But the company’s biggest shareholder is making a
huge bet that the good times are only beginning.
HHGregg Inc. shares have enjoyed a spectacular runup this year. But the company’s biggest shareholder is making a
huge bet that the good times are only beginning.
Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today. Antonio Galindez, 54, vice president of Dow AgroSciences’ crops business, will step
into the top job.
Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today.
While transparency is a stated goal of many corporations, deliberations regarding distribution of shareholder property
to executives are not subject to light of day or to review. Instead, decision-making is camouflaged by
thousands of words that appear substantial but disclose little.
The big cheese at Simon Property Group is wedged among the “top gun” executives in the U.S.
The city’s third-largest law firm is poised to tie the knot with Kentucky’s Greenebaum Doll & McDonald. But differences in the way the firms compensate partners are taking longer than expected to sort out.
An exaggerated share of the nation’s wealth is paid to CEOs of public companies, their minions and directors, through agreements
made inside boardrooms, by highly compensated individuals who commit shareholders’ money and are not subject to effective
oversight.
For investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state’s public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value.
Forrest Lucas is following through on plans to take his namesake brand of oil and fuel additives to the mass market.
Within a month of joining the board of Evansville’s Integra Bank Corp. Mike Alley, former CEO of Fifth Third Bancorp’s central Indiana operations, had become Integra’s interim CEO.
Barney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state’s highest-paid public employees, and some wonder if his pay should be cut.
Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.
Would embattled Emmis Communications Corp. sell its Monument Circle headquarters, a prized development that opened a decade
ago at what then-Mayor Steve Goldsmith called "the most important site in the city and the very center of Indiana?"
Dick Beltzhoover, a private investor in Omnicity Corp., a Carmel-based wireless broadband provider, has quietly taken the
company public and has lofty plans to expand nationwide.
Don Marsh lashed back last month after the owner of Marsh Supermarkets Inc. filed a lawsuit accusing him of billing the company
for millions of dollars in personal expenses.
The economic downturn has provided shareholders an opportunity to press for change
on a variety of corporate governance issues.
Mickey’s men’s and women’s camps—open for registration on a first-come, first served basis—offer compelling speakers, fun activities and food from the city’s leading restaurants.
IBJ reporter J.K. Wall asked Bryan A. Mills about his new job as Community Health Networks next CEO.
The Gene B. Glick Co. has managed to accomplish what few privately held family enterprises can—keeping the company alive
for
a third generation.
The wages paid by a company to its employees are a distinctly private matter.