Brightpoint Inc. said board member James W.P. Reid-Anderson has resigned after being selected last week to become chairman, president and CEO of amusement park operator Six Flags Entertainment Corp.
Local organization that helped other not-for-profits attributes June 30 closing to economic downturn.
From 1999 to 2008, Steak n Shake Co. spent an average of $55 million a year to add dozens of restaurants and buy equipment
ones. In 2009, the locally based
chain spent just $5.8 million.
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.
Hoosiers identify many factors contributing to our state’s long-term economic difficulties. It is fashionable to blame our
workers. It is easy to decry a lack of natural amenities: no mountains, no coral reefs. Our public schools are inferior and
perhaps our higher education is overrated. Our taxes are too high but we have substandard government services. We ain’t got
no culture. Rarely do we hear anyone say that our problem is management.
A methodical process is the right way to change CEOs, according to succession-planning experts. And Indiana needs more of
its major corporations to do so. A wave of aging executives is at or near normal retirement age–in Indiana and nationwide.
How well those companies’ CEOs pass the baton will have a big impact on their companies’ futures.
The Indianapolis Colts' evolution from perennial patsy to Super Bowl favorite is a body of work with a seldom-told—and often misunderstood—history. It's easy to see the hues all-pros Peyton Manning, Marvin Harrison and Edgerrin James painted on this masterpiece season. President Bill Polian and Coach Tony Dungy certainly colored the landscape. And Offensive Coordinator Tom Moore added his creativity. But theirs aren't the only signatures on this canvas.