Hamilton County foundation president leaving
Legacy Fund President Brad Little is stepping down to take a similar job in Iowa. In three years, the foundation serving Hamilton County has grown from $25 million to $40 million in assets.
Kathleen McLaughlin
Articles
Controversy engulfs Devington community group
Devington Community Development Corp. tried to tackle a host of neighborhood ills before closing its doors this month. But the agency also was embroiled in disputes with a local minister and its landlord.
Allison Transmission, key supplier continue court battle
The dispute reached a boiling point early this year when the supplier, Allison’s sole supplier of bonded piston seals, threatened to stop shipping.
Motor maker Remy plans expansion driven by electric vehicles
Motor maker Remy International will embark on a major expansion next spring to satisfy growing demand from makers of hybrid and electric vehicles—and Madison County officials think they’re well positioned to land the jobs.
Most not-for-profit execs modestly paid, survey says
Local consultants Bryan Orander and Jim Morris conducted the survey this summer to fulfill what they see as a lack of hard data on executive pay in the local not-for-profit sector.
Habitat for Humanity executive stepping down
Dean Illingworth will step down as executive director of Habitat for Humanity of Greater Indianapolis at the end of the year, the organization announced Monday morning. An architect and former partner at Schmidt & Associates, he has led the organization since 2005.
Drama builds in suit over Hilbert mother-in-law’s life policy
Businessman J.B. Carlson is in debt for $5.9 million, and he may have been the last person to see 74-year-old Suzy Tomlinson alive. Her $15 million life-insurance policy named him as the beneficiary.
Rock Bottom Brewery tries to hang onto downtown lease
Downtown landlord John Goodman has rejected Rock Bottom Brewery’s attempt to renew its lease for five more years. The restaurant has occupied 14,600 square feet at 10 W. Washington St. since June 1, 1996.
Anderson makes headway in disposing of former GM sites
The city of Anderson is nearing a milestone in its effort to find new uses for numerous former General Motors sites that have been in its possession since 2006.
Cash crunch hits Indianapolis Urban League
After losing a key grant, Indianapolis Urban League laid off employees and failed to make three months' worth of retirement payments into one former worker's account—something that was remedied after the worker complained to the Labor Department.
Baldwin & Lyons reports lower profit, higher revenue
The insurer announced Thursday morning that it earned $9.2 million in the third quarter, down from $14.3 million a year ago. Quarterly revenue rose to $67.3 million, up from $65.5 million.
Secretary of state files complaint against teachers’ fund broker
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, is facing an administrative complaint from the Indiana Securities Division, which alleges 13 violations for unethical, dishonest and deceptive practices.
Owner of city apartment complex files Chapter 11
The owner of a 518-unit apartment complex on the northwest side of Indianapolis is seeking Chapter 11 bankruptcy protection as it disputes the amount of its mortgage debt with its lender.
UPDATE: New product, services drive ExactTarget growth plans
A new product roll-out and increasing demand for client services will drive ExactTarget's growth over the next five years, CEO Scott Dorsey said Tuesday after his firm announced that it would invest $45M and add 500 employees through 2015.
Female engineers appeal discrimination ruling
Two female engineers who pursued a gender-discrimination case against Rolls-Royce Corp. for the past four years intend to appeal a judge's decision in the company's favor.
Museum revamping security strategy to save money
A security overhaul at the Indianapolis Museum of Art promises to be more effective while saving the cash-strapped museum $600,000 a year. More than 50 gallery attendants are gone, and so is the front desk, replaced by visitor assistants, most of whom are local college students.
Gleaners Food Bank names new CEO
After a national search, Cindy Hubert, CEO of Indianapolis-based Second Helpings, will take the reins from longtime Gleaners leader Pamela Altmeyer in November.
ISO chooses young maestro Urbanski as director
Krzysztof Urbanski, 28, has been named the seventh music director in the Indianapolis Symphony Orchestra’s 80-year-history.
Glicks changing charitable approach
After pledging $62 million for a series of high-profile capital projects in and around Indianapolis, Eugene and Marilyn Glick’s charitable foundations are changing directions, making programs and services their top priority.
Zionsville galleries watching Carmel arts district
Zionsville gallery owners are stepping up their collective marketing efforts as Carmel’s Arts and Design District has landed a new wave of artists and gallery owners over the past five months.