Indy-area YMCA names new CEO
The YMCA of Greater Indianapolis is staying in the organization’s extended family in replacing retiring leader Eric Ellsworth, who presided over explosive growth.
Executives
Articles
Jim Rogers, former CEO of Duke and PSI Energy, dies at 71
Rogers’ path to building the nation’s largest electric utility began in 1988, when he took over struggling PSI Energy in Indiana.
Heritage Group founder Fehsenfeld remembered as ‘revolutionary builder’
Fred M. Fehsenfeld, who died Nov. 28 at 94, built an Indianapolis-based company that employs 6,500 people around the world in the core industries of environmental and remediation, specialty chemicals and fuel products, and construction and materials.
Former Congresswoman Mary Bono hired as USA Gymnastics’ interim CEO
Bono has a background in the sport and spent 15 years as a U.S. Representative from Southern California.
Older CEOs keeping their jobs longer thanks to bull market
As the U.S. enters the ninth year of economic recovery, big company CEOs are, on average, as old as they’ve been in at least 17 years, according to a study released Wednesday.
WESTERHAUS-RENFROW: Angry people win some, but lose more in negotiations
Anger expression is on the rise in the workplace and especially in business negotiations. If you use anger to get the bigger piece of the pie, you might think it’s an effective negotiation tactic.
Fair Finance trustee tries for legal jackpot one last time
Without a big settlement, or a resounding victory at trial, victims in the fraud would be left with an underwhelming recovery—currently 11 cents on the dollar, based on distributions of $18 million in December 2015 and $5 million last October.
Simon hiring from within to replace departing CFO
Brian McDade has been with the retail real estate giant for 14 years, serving in various senior finance and accounting roles.
Co-working haven Speak Easy names new executive director
After a period of rapid growth for The Speak Easy, Julie Heath wants to refocus its energies on membership development and providing startups in central Indiana the resources necessary to grow.
Athenaeum president to leave post at 124-year-old landmark, travel globe
After 11 years in charge of preserving and reinvigorating the landmark of local German culture, Cassie Stockcamp plans to decamp for Africa, South America and Southeast Asia.
IBJ PODCAST: Symphony offers sound advice on leadership styles
The first episode of the Indianapolis Business Journal’s new weekly podcast explore how future leaders can use the experience of making music to learn how to inspire great performances from their workforces.
Phoenix Theatre founder leaving after 35 years as main artistic force
Bryan Fonseca’s stunning departure comes in the midst of a major transition for the theater, which just moved into a newly built, $11 million downtown facility on Illinois Street.
For public company CEOs, $11.7M is middle-of-the-pack pay
Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million.
Allison veteran to ascend to CFO spot in global transmission firm
G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
Lilly Endowment names new vice president for community development
The Indianapolis-based private foundation announced Wednesday that Robert L. Smith will succeed Wallace “Ace” Yakey Jr., who is retiring June 30 after serving in the position since 2012.
One of central Indiana’s oldest web developers acquired
New England-based SilverTech Inc. plans to expand to its second market by buying local stalwart Bitwise Solutions, which was founded in 1991.
Business leader, philanthropist Andre Lacy dies at 78
Andre B. Lacy was known for his prolific work on corporate boards and as an active leader of several influential civic organizations. But he is likely to be best remembered for his recent philanthropy, which included a $25 million gift to Butler University’s college of business.
Trump’s HHS nominee reaped big earnings from drug industry tenure
As a top pharma industry veteran from 2007 to 2017, former Eli Lilly and Co. executive Alex Azar built a substantial financial portfolio now worth as much as $20.6 million.
Analysts, investors laud Anthem’s new CEO, but reasons for turnover remain unclear
Stock analysts hailed Gail Boudreaux as an experienced, proven insurance executive, but some wondered why the company rolled out a succession move on such short notice.
Report: Swedish to step down from Anthem
The Wall Street Journal reports that the Indianapolis-based insurance giant will name Gail Boudreaux, a former CEO of UnitedHealthcare, as its new chief executive.