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.
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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.
EDITORIAL: Firms must address abuse
It’s long past time that executives in every company across the country take the issue of sexual harassment seriously.
Lilly names new CFO, head of R&D
The appointments mark the latest changes in the Indianapolis-based drugmaker’s executive suite since David Ricks took over as CEO in January.
Biosciences institute CEO steps down; chief scientist promoted to top spot
David Broecker was founding CEO of the four-year-old Indiana Biosciences Research Institute, which aims to bridge the gap between research universities and industry in life sciences.
Allison Transmission selects its next CEO from inside C-suite
The Indianapolis-based manufacturer’s current chief financial officer will succeed Lawrence Dewey following Dewey’s retirement next year.
IUPUI gives hoops coach Gardner contract extension through 2020
Jason Gardner is 37-58 in three seasons at the school. But with the 1999 Indiana Mr. Basketball Award winner in charge, the Jaguars have improved their victory total each successive season.
Carmel performing arts center taps interim CEO as new leader
Jeffrey C. McDermott, a longtime partner with Indianapolis-based law firm Krieg DeVault, won’t have a significantly different commute as the permanent CEO of The Center for the Performing Arts.
Baldwin & Lyons financial exec departs in termination
The Carmel-based trucking insurer says its chief accounting officer is no longer with the company after spending little more than a year in the position.
Chase CEO drops in to quiz Indianapolis employees
Jamie Dimon and other top executives of the nation’s biggest bank were in town Wednesday to ask local employees about what’s working and what needs fixing. Some could join him on a bus trip.
Dow Agro CEO to take job with farm equipment maker
The departure of Timothy Hassinger comes as Dow AgroSciences’ parent prepares to merge with chemical giant DuPont.
Cummins to announce $80M in Columbus projects with state, local officials
One of the projects will be located at the global headquarters of the Fortune 500 engine maker, and the other will involve construction of a new railroad overpass in the city.
2017 Indiana 100: You’ll find few motorcycles parked at therapy offices
Q&A with Andre Lacy, LDI Ltd.: “Somebody asked me within the last six months, how many miles have I ridden? I started adding it up. I’ve ridden more than 200,000 miles.”
Genesys leader: ‘We’re going to start growing again in Indianapolis’
In interview with IBJ, Genesys President Tom Eggemeier says the company is pleased with its Interactive Intelligence acquisition and plans to ramp up its local headcount.