WellPoint CEO received 3-percent raise last year
The Indianapolis-based insurer awarded Angela Braly a total pay package worth $13.4 million, up from $13.1 million in 2009 even as the company's profit and enrollment numbers slipped.
Compensation
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PROXY CORNER: Eli Lilly and Co.
Eli Lilly and Co., Lilly Corporate Center, Indianapolis, 46285 (www.lilly.com) discovers, develops, manufactures and sells pharmaceutical products for humans and animals.
New federal rules prompt ITT to change bonus-pay criteria
The Carmel-based for-profit educator still will pay its top executives bonuses, but they’ll no longer be tied to school enrollment, the company said Tuesday in a proxy filing.
GM to pay more than $400 million in worker bonuses
Less than two years after entering bankruptcy, General Motors will extend millions of dollars in bonuses to most of its 48,000 hourly workers as a reward for the company's rapid turnaround after it was rescued by the government. Workers in Kokomo could get $3,000.
ITT Educational OKs bonuses to keep managers in place
Carmel-based ITT Educational Services Inc.’s management team will get special cash bonuses if they remain with the company until the end of June, ITT disclosed in a regulatory filing last week.
Most state workers to see pay raise in 2011
Most Indiana state government employees will be receiving at least a $500 pay raise during 2011 after a two-year pay freeze.
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.
Biglari’s revised incentive package approved by shareholders
After criticizing an earlier pay proposal, 82 percent of Biglari Holdings’ shareholders approved a scaled-back bonus agreement for their CEO.
After disagreement, Lewis leaves WellPoint with $3.2M
Dijuana Lewis will get nearly $3.2 million on her way out the door at WellPoint Inc. after what sources described as a dispute with CEO Angela Braly over a change in duties.
Purdue board OKs merit pay, bonuses, premium hike
Some Purdue University employees will get pay raises and bonuses, but all of them will pay higher health insurance premiums.
Biglari adjusts controversial pay proposal
The parent company of Steak n Shake restaurants has scaled back a controversial pay package for its CEO in hopes of securing shareholder approval of the plan at a rescheduled special meeting.
Four Hoosiers among richest Americans; Irsay ascends
Indianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes 400 list of the nation’s wealthiest people.
Steak n Shake parent postpones meeting amid pay uproar
San Antonio-based Biglari Holdings Inc. said late Monday it will delay a planned Aug. 24 shareholder meeting to give the company
time to
address “misinformation” regarding its CEO’s controversial pay package.
Indiana University considers extending pay freeze
Officials say most of the university's nearly 20,000 employees statewide didn't receive any pay increases last year.
Not-for-profit pay survey launched online
Seeing a lack of timely, accurate information about pay and benefits at local not-for-profits, two consultants have launched
an online compensation survey.
Soft Landing: Pay slipped for most execs in 2009, but cuts weren’t deep
Top executives at Indiana's public companies have largely been insulated from the economic crash. IBJ's
review of executive pay found that, although 131 of the 238 executives listed in proxy statements the past two years saw annual
compensation fall in 2009, only 10 experienced cuts of more than $1 million.
Unorthodox pay package puts Biglari on defensive
Sardar Biglari, chairman and CEO of Biglari Holdings Inc., the Texas-based parent of Steak n Shake, rolled out a hedge-fund-style
compensation plan for himself late last month that could put staggering sums in his pocket.
MARCUS: How much is too much when it comes to compensation?
This month, as you watched the gallant Butler University basketball team uphold the honor of the Hoosier state, did you wonder
about the compensation of college coaches and their future NBA stars?
Brightpoint cuts CEO’s pay by almost 35 percent
Robert J. Laikin earned $2.2 million in 2009, nearly 35 percent less than in 2008. Several other members of his management
team also took
substantial pay cuts.
Purdue signs Painter through 2016-17 season
Purdue announced Friday that the new contract gives Matt Painter a $1.3 million base salary, plus up to $1 million of incentives
for academic, athletic and attendance performance.