John Lechleiter has been the company’s CEO since 2008. The announcement Wednesday morning of his retirement comes one day after the firm announced strong revenue and profit for its second quarter, indicating that Lechleiter’s initiatives have paid off.
Existing-home sales in central Indiana increased 5.4 percent in June and the average price rose to $203,913.
CEO John Lechleiter said the company's strong R&D pipeline has put it on track to report average annual revenue growth of at least 5 percent through the remainder of the decade.
Indiana was able to achieve the surplus despite missing its forecast for revenue growth by $111.3 million.
Investigators said Alfred Talens used money from a wealth management client to pay living expenses, rather than to invest in the Indianapolis-based audio and video business.
Carmel Mayor Jim Brainard on Monday said he’d rather stay in his current job than run for the 5th Congressional District. The Republican ballot opened up earlier this month, and Brainard told IBJ he was considering it.
The health system has opened five urgent care facilities in the area since the beginning of last year.
Joella’s Hot Chicken, a Louisville-based restaurant chain with four locations in Kentucky, is planning to open an Indianapolis eatery and bar in mid-September, it announced Monday.
The labor force and the number of employed people both hit all-time highs in Indiana in June.
Greensburg-based MainSource Financial Group is the holding company for MainSource Bank, which has 91 offices in Indiana, Illinois, Kentucky and Ohio.
Weston Foods is investing $1.6 million to renovate its 20,000-square-foot production facility in Brownsburg for its subsidiary Maplehurst Bakeries LLC. It plans to add 15 jobs.
The city will have one year to negotiate a project agreement with Hendricks Commercial Properties, which has proposed a $260 million development on the lot at the corner of College and Massachusetts avenues, or be forced to buy the property from IPS.
Indianapolis-based software firm TinderBox Inc. has changed its name and is planning a downtown expansion that could create up to 272 jobs by the end of 2021, it announced Monday morning.
Area filings have risen on a year-over-year basis for the past seven months.
The struggling appliances and electronics retailer says its senior vice president of marketing, ecommerce and strategy has resigned. He’s at least the 10th executive to leave the Indy-based firm since mid-2012.
We hope Democrat Evan Bayh and Republican Todd Young wage a campaign of substance that draws clear lines for voters.
Indiana Gov. Mike Pence on Thursday is scheduled to announce a plan to spend $1 billion over the next 10 years to boost innovation and entrepreneurship in the state.
Ryobi Die Casting USA said it plans to grow its operations with the acquisition of a 350,000-square-foot building. The company already has 860 employees in Shelbyville.
The family-owned consulting firm, which uses analytics to help clients retain and add customers, is teaming with PK Partners to build a 54,000-square-foot headquarters near Keystone at the Crossing.
The Aerospace Industries Association plans to host its Supplier Management Council conference in Indianapolis in the spring of 2018, state officials announced Tuesday from a prestigious airshow in England.
