Use of on-demand execs becomes a growing trend
Rather than hiring full-time executives, companies are increasingly likely to turn to a fractional executive—someone who serves part time, typically on contract rather than as an employee.
Executives
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Longtime TechPoint CEO Langellier to step down in May
Mike Langellier has been the president and CEO at Indianapolis-based TechPoint for nine years. The organization will launch a national search for his replacement.
Longtime Pacers exec Fuson promoted to CEO
The move is one of six high-level promotions and transitions announced Tuesday morning by Pacers Sports & Entertainment.
New Emarsys CEO sees continued local growth ahead for software firm
New Emarsys CEO Joanna Milliken, who starts in her new role Oct. 1, will oversee all of the Austria-based marketing tech company’s activities from Indianapolis. About 150 of the company’s nearly 700 employees are based in central Indiana.
Broadfoot named CEO of Second Helpings after 5-year run at Indy Parks
Linda Broadfoot’s hiring coincides with the retirement of Jennifer Vigran, who is leaving Second Helpings in October after serving the hunger-relief organization in various roles for 20 years.
Indiana Members CEO to retire after 37 years with credit union
President and CEO Ron Collier has managed 33 mergers and acquisitions at Indiana Members Credit Union since 1985.
Hillenbrand CEO set to retire at end of year
Joe Raver, Hillenbrand Inc.’s president and CEO since 2013, will be succeeded by Kimberly Ryan, who has been with the company for more than 30 years.
Lilly exec created hostile work environment for women, former lobbyist claims in suit
Sonya Elling filed suit Friday in federal court against the drugmaker, alleging that Leigh Ann Pusey, senior vice president for corporate affairs and communications, precluded her from engaging with members of Congress because she was “not a cute, young thing.”
Indiana Gaming Commission fines Spectacle $530K for slow removal of CEO
The 53-day lag between when the commission ordered Spectacle to remove Rod Ratcliff from his role as an owner to when the company complied was unacceptable, according to Gaming Commission Executive Director Sara Gonso Tait.
Vigran stepping down as CEO of Second Helpings
A former labor relations manager for Thomson Consumer Electronics and chief negotiator for Gov. Evan Bayh’s administration, Jennifer Vigran joined the hunger-relief group as a volunteer in 2001. By 2010, she had become CEO.
Conexus Indiana’s top executive to depart in June
Mark Howell, 56, who joined Conexus in 2018, plans to focus on volunteer and philanthropic activities after leaving the Indianapolis-based not-for-profit, the organization said Wednesday.
Casino exec Ratcliff permanently banned from Indiana gambling industry
Rod Ratcliff, the former chief executive for Centaur Gaming and Spectacle Entertainment, reached a settlement agreement with the Indiana Gaming Commission that requires him to sell his remaining casino ownership shares.
Allegion hires new Carmel-based exec to lead Americas business
Luis Orbegoso, 50, joins Allegion from American Residential Services. He’ll be based in Allegion’s Carmel office and oversee the security-products company’s operations in the Americas.
Executive promotions give Cummins vice chairman, new president and COO
Tony Satterthwaite, president and COO since October 2019, will move into the new position of vice chairman, while Jennifer Rumsey, president of the company’s Components business, will succeed Satterthwaite as president and COO.
Lilly CFO resigns after ‘inappropriate personal relationship’ with employee
Joshua Smiley, who was Lilly’s second-highest-paid employee, was named CFO in January 2018. Lilly said Smiley also engaged in “inappropriate personal communications” with other employees.
Walgreens taps Starbucks exec Brewer as its new CEO
Roz Brewer will be the only Black woman leading a Fortune 500 company when she joins Walgreen’s on March 15.
Simon Property reversing pandemic-related executive pay cuts
Indianapolis-based shopping mall giant Simon Property Group will reinstate the pay of executives and board members who had been working under pandemic-related pay cuts since spring, the company announced Monday.
Longtime Carmel-based Allegion executive shifting to new role
Allegion executive Tim Eckersley, who has led the company’s Americas division since 2013, will shift to lead the company’s operations in other parts of the world.
Indy Chamber announces leadership change at Develop Indy
Indy Chamber executive Ian Nicolini has moved into the organization’s long-vacant role of chief operating officer, and Portia Bailey-Bernard has taken over Nicolini’s former position as the chamber’s economic development leader.
Top CEOs met to plan response to Trump’s election denial
The CEOs from about two dozen Fortune 500 companies decided to wait for the Nov. 20 certification of votes in Georgia before meeting to decide their next moves.