Conexus Indiana’s top executive to depart in June
Mark Howell, 56, who joined Conexus in 2018, plans to focus on volunteer and philanthropic activities after leaving the Indianapolis-based not-for-profit, the organization said Wednesday.
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Casino exec Ratcliff permanently banned from Indiana gambling industry
Rod Ratcliff, the former chief executive for Centaur Gaming and Spectacle Entertainment, reached a settlement agreement with the Indiana Gaming Commission that requires him to sell his remaining casino ownership shares.
Allegion hires new Carmel-based exec to lead Americas business
Luis Orbegoso, 50, joins Allegion from American Residential Services. He’ll be based in Allegion’s Carmel office and oversee the security-products company’s operations in the Americas.
Executive promotions give Cummins vice chairman, new president and COO
Tony Satterthwaite, president and COO since October 2019, will move into the new position of vice chairman, while Jennifer Rumsey, president of the company’s Components business, will succeed Satterthwaite as president and COO.
Lilly CFO resigns after ‘inappropriate personal relationship’ with employee
Joshua Smiley, who was Lilly’s second-highest-paid employee, was named CFO in January 2018. Lilly said Smiley also engaged in “inappropriate personal communications” with other employees.
Walgreens taps Starbucks exec Brewer as its new CEO
Roz Brewer will be the only Black woman leading a Fortune 500 company when she joins Walgreen’s on March 15.
Simon Property reversing pandemic-related executive pay cuts
Indianapolis-based shopping mall giant Simon Property Group will reinstate the pay of executives and board members who had been working under pandemic-related pay cuts since spring, the company announced Monday.
Longtime Carmel-based Allegion executive shifting to new role
Allegion executive Tim Eckersley, who has led the company’s Americas division since 2013, will shift to lead the company’s operations in other parts of the world.
Indy Chamber announces leadership change at Develop Indy
Indy Chamber executive Ian Nicolini has moved into the organization’s long-vacant role of chief operating officer, and Portia Bailey-Bernard has taken over Nicolini’s former position as the chamber’s economic development leader.
Top CEOs met to plan response to Trump’s election denial
The CEOs from about two dozen Fortune 500 companies decided to wait for the Nov. 20 certification of votes in Georgia before meeting to decide their next moves.
Pacers losing senior VP of basketball operations to 76ers, reports say
Peter Dinwiddie, an Indianapolis native, has been a key member in the Pacers front office for more than decade, moving quickly up the ladder after starting in the ticket office.
First Merchants CEO Rechin stepping down after 13 years
Mike Rechin, who has served as the bank’s president and CEO since 2007, plans to retire at the end of the year. His departure will trigger several promotions among the bank’s other executives.
High Alpha portfolio firm Bolster makes official launch after raising $6M
Bolster’s investors include Indianapolis-based High Alpha Capital, Silicon Valley Bank parent SVB Financial Group, New York-based Union Square Ventures and Palo Alto, California-based Costanoa Ventures.
Fifth Third Bank announces market president change
Kevin Hipskind, Fifth Third’s Indianapolis-based market president since 2018, has been promoted. His successor comes from Louisville, where he has been market president since 2015.
Federal judge shoots down indicted executive’s vacation plans
Judge Jane Magnus-Stinson denied a request by former Celadon Group Inc. President William Meek to travel to a Mexican resort for a birthday celebration while he is awaiting trial on multiple fraud charges.
Ex-Brightpoint execs plan IPO to raise $100M for new tech firm
Novus Capital Corp. formed last month and is seeking to acquire companies “that are at the forefront of high technology.”
Beyond COVID podcast: Leaders are created in crisis. You can be one of them.
Nancy Koehn—a historian, Harvard Business School professor and author—talked with host Lesley Weidenbener about how business owners and managers can use this pandemic to develop the skills that will lead their organizations out of the COVID crisis and on to better things.
Julian Center removes ‘interim’ from chief executive’s title
Jeff Brown took the interim role in December after the retirement of Catherine O’Connor, who had led the domestic-violence shelter and services provider since 2014.
Richard Wood, CEO of Lilly during transformational era, dies at 93
Eli Lilly and Co.’s breakthroughs during Wood’s 18-year tenure included biosynthetic insulin and the category-smashing antidepressant Prozac.
STAR Bank names new Indianapolis market president
The Fort Wayne-based bank’s new Indianapolis market president, Tim Oliver, will primarily work from the bank’s new Monument Circle location, which opened earlier this year.