Articles

Fair trustee settles with local political groups

The settlements involve donations made by Tim Durham totaling $60,000 to the Marion County Republican Central Committee, Greater Indianapolis Republican Finance Committee and the Committee to Elect Lawrence Mayor Paul Ricketts.

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Simon Property Group signs CEO to long-term contract

Indianapolis-based Simon Property Group Inc. signed an employment agreement with CEO David Simon that will keep him as head of the largest U.S. mall owner for the next eight years—and give him a one-time award worth $120 million.

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Total pay for executives surged in 2010

Total executive compensation at Indiana’s largest public companies continued to rise sharply coming out of the recession, even though many of them have yet to erase the red ink in their shareholders’ portfolios.

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IPL exec promoted to CEO

After about a month as interim CEO, Indianapolis Power & Light Co. executive Ken Zagzebski has won the job for good.

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Irsay, Simon tie on magazine’s world’s-richest list

In a feat not possible for their teams, Indiana Pacers owner Herb Simon and Indianapolis Colts owner Jim Irsay tied for 879th place on Forbes magazine’s annual list of the richest people in the world. Bill Cook and Dean White also made the list.

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