Indiana State Museum to name interim CEO

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Long plagued by a lack of stable leadership, the Indiana State Museum has landed local executive Thomas A. King as interim
CEO.

The board of the museum’s private foundation is expected to confirm King’s appointment Thursday afternoon.

The
museum has seen five CEOs come and go since 2000. The most recent, Barry Dressel, resigned abruptly in
October after two years in the position.

Museum officials would not comment on King, but
those who work with him in consulting and business development had already heard about the retired Eli
Lilly and Co. executive’s new job.

"He’s well-respected. He’s a bright guy. He knows a lot of people.
He’s probably a great choice," said Dave Sternberg, a fund-raising consultant who heard about King’s appointment through
professional circles.

King is the former president of the Eli Lilly and Co. Foundation. He retired in March of 2005
and started his own consulting firm, focused on philanthropy, economic development and marketing. He’s also a former president
of Walker Research and the Indianapolis Chamber of Commerce.

King’s appointment comes at a crucial
time for museum operations. In February, the museum will open an high-profile Abe Lincoln collection. In
the long term, the museum needs to make up for declining state funding and boost attendance.

State funding for the
museum, $5.96 million in the fiscal year that ends June 30, has fallen 21.5 percent since 2007. The marketing budget, meanwhile,
is down 50 percent, to $205,000, over the same period.

The state museum has an odd organizational structure. Its CEO
is hired by a foundation that supports the museum but oversees a staff that’s employed by the Department of Natural Resources.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In