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.
Executives
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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.
Women CEOs earned more last year, but numbers are barely rising
Just 6 percent of the top-paid CEOs in the U.S. last year were women, a slight increase from about 5 percent in 2015 and 2014.
Top CEOs get biggest raise since 2013 thanks to rising stock market
The typical CEO at the biggest U.S. public companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation, according to a new study.
Carmel advertising agency changes hands
After recovering from the loss of a big client in 2014, the founder and CEO of Fat Atom Marketing has handed over the keys to two employees.
Top Simon exec exiting company
David Contis, Simon Property Group’s president of mall operations, is resigning from the Indianapolis-based retail real estate giant to “spend more time with his family,” the firm said in an SEC filing.
Lilly CEO Ricks stands to make about $12M in first year at helm
Dave Ricks joined Lilly in 1996 and most recently served as president of Lilly Bio-Medicines. He took over as president and CEO on Jan. 1.
Cook Group CEO leads smaller list of Indiana billionaires
Hotel and billboard magnate Dean White, who had been a fixture in the annual rankings by Forbes for years, fell from the list after his death in September at 93.
Stumbling HHGregg shares face delisting from stock exchange
The New York Stock Exchange has notified HHGregg that the company’s stock price needs rise above avoid a delisting. Its market cap also needs a boost.
2016 TOP STORIES: Locally based retailers send CEOs packing
Three major Indianapolis-based retailers struggling with declining sales replaced their CEOs this year as they tried to improve company financials.
UPDATE: Indianapolis Opera leader bows out after less than two years
Kevin Patterson has stepped down at mid-season as general director of the struggling Indianapolis Opera and has quickly been replaced with a new leader.
Lilly CEO: Find overlap between corporate mission, philanthropy
John Lechleiter told local leaders Friday morning that while community engagement might not immediately impact the bottom line, it can be beneficial to a company’s ongoing mission.
Indians promote execs as longtime chairman Schumacher steps down
After his 60th season with the Indianapolis Indians, Max Schumacher has relinquished his roles as chairman and president. Two current executives with the Triple-A ballclub are moving up to fill his shoes.
Indy Reads hires new CEO from Denver
The former CEO of a Denver-based neighborhood advocacy and marketing group started with the local literacy not-for-profit on Tuesday, succeeding longtime leader Travis DiNicola.
Merger dance between Interactive Intelligence, suitor started in 2012
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
Tech leaders heap praise on city’s latest billion-dollar exit
In the immediate wake of news Wednesday that Interactive Intelligence Group Inc. had agreed to be acquired for $1.4 billion, Indianapolis tech leaders bubbled with praise for CEO Don Brown and with enthusiasm for the possible impact on the city.
WISH-TV general manager exiting as acquisition looms
Les Vann is leaving after two years on the job and as WISH’s parent, Media General, is in the midst of being acquired. He was named “General Manager of the Year” in January by a trade publication.
Emmis chief makes another run at taking media firm private
For the third time in a decade, CEO Jeff Smulyan is making an offer for the outstanding shares of Emmis Communications Corp., which runs radio stations and magazines in Indianapolis and major U.S. markets.
Incoming Lilly CEO pick to focus globally
Dave Ricks will begin guiding the company during a period of relative calm compared with the trying times John Lechleiter navigated during his eight years at the helm.