
Longtime Pacers exec Fuson promoted to CEO
The move is one of six high-level promotions and transitions announced Tuesday morning by Pacers Sports & Entertainment.
The move is one of six high-level promotions and transitions announced Tuesday morning by Pacers Sports & Entertainment.
The spat stems from a dispute over whether Mel Simon's sale of his half of the Indiana Pacers to his brother Herb months before Mel's death in 2009 was an arm's-length transaction.
Hotel and billboard magnate Dean White, who had been a fixture in the annual rankings by Forbes for years, fell from the list after his death in September at 93.
Three former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers' finances during discussions with the team.
Emails appear to buttress the IRS’ case that Herb Simon received a sweetheart deal when he acquired his ailing brother Mel’s 50 percent ownership in the Indiana Pacers in early 2009.
Cook Group CEO Carl Cook remains the wealthiest Hoosier, with a fortune valued at $4.8 billion, a $1.7 billion drop from the prior year.
Cook Group Inc. CEO Carl Cook is the richest person in Indiana with a net worth of $6.5 billion, according to calculations released Monday by Forbes magazine.
Cook Group Inc. CEO Carl Cook is among four Hoosiers on Forbes’ annual list of the 400 richest people in America.
Herb Simon, 79, says the $160 million deal the city struck with the Indiana Pacers this month for operating costs and stadium improvements is an outgrowth of negotiations that began way back in 2007.
Gayle Cook, 80, the widow of Cook Group Inc. founder Bill Cook, saw her net worth skyrocket in the last year.
Herb Simon serves on the advisory board of an investment fund that is raising $100 million to buy minor league baseball teams.
The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation’s wealthiest people, and this time has cracked the top 100.
The donations from Jim Irsay and Herb Simon, combined with a $500,000 challenge grant from symphony board member Yvonne Shaheen, bring the orchestra nearly halfway toward its goal of raising $5 million by Feb. 3.
The widow of medical device pioneer Bill Cook ranks 104th with a net worth of $3.7 billion. Other Hoosiers to make the Forbes 400 list were shopping mall magnate and Indiana Pacers owner Herb Simon, hotel developer Dean White and Indianapolis Colts owner Jim Irsay.
The Indiana Supreme Court has agreed to hear oral arguments Oct. 24 in the case involving a California lawyer that stems from a separate suit filed by a former nanny of Herb and Bui Simon.
A partnership of Herb Simon and Jeff Smulyan filed plans to buy up to an additional 1 million shares of Emmis Communications Corp. at no more than $2 apiece.
A defamation lawsuit filed by Indiana Pacers owner Herb Simon and his wife against a California attorney looks as though it will be thrown out after an appeal.
A lawsuit by a nanny and a chauffeur against Indiana Pacers owner Herb Simon and his wife has ended with a judge's written ruling confirming that the employees failed to prove their claims of mistreatment.
A judge has suggested she will dismiss key portions of a lawsuit by a nanny who claimed she was fired by billionaire Herb Simon and his wife because the employee became pregnant.
A household employee of Indiana Pacers owner Herb Simon and his wife said they were happy when they learned their nanny was pregnant, even though the nanny claims she was fired over the pregnancy.