Lilly to pay dearly for Novartis animal health biz
Wall Street analysts raised their eyebrows at the hefty price Eli Lilly and Co. will pay to acquire Novartis Animal Health, when compared to the value of the biggest player in the field.
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Deca Financial to wind down after trustee opts for liquidation
The Fishers debt collection agency had been forced into bankruptcy by creditors. On Monday, a judge approved a request to terminate the once-promising firm.
Florida rival scoops up another ex-BrightPoint executive
A competitor that once feuded in court with BrightPoint Inc. over the recruitment of executives has hired another top officer from the mobile-phone distribution and logistics company now known as Ingram Micro Mobility.
Option grant lifts compensation for Angie’s List’s Oesterle
Stock options accounted for the biggest chunk of the CEO’s compensation. Their value will depend on the company’s future stock performance.
Regions revamps Indiana territory as regional banks reshuffle
A second regional bank in the metro area in as many months has announced a change in its state leaders and area boundaries.
WellPoint CEO lands nearly $17M in first year
Compensation for Joe Swedish included $4.1 million in perks, such as $3.8 million he would have received in his previous job, $79,000 in relocation expenses, and $82,000 for his legal fees from contract negotiations.
Simon plucks in-house execs for spinoff firm
Simon Property Group Inc. is reaching into its own stable of executives to stock the C-suite of its publicly traded spinoff for retail strip centers and smaller enclosed malls.
ExactTarget’s current and former CFOs depart firm
Steve Collins and Traci Dolan, who both have served as ExactTarget’s chief financial officer, have departed the recently acquired company.
Cook heads contingent of Hoosier billionaires on Forbes list
Gayle Cook, 80, the widow of Cook Group Inc. founder Bill Cook, saw her net worth skyrocket in the last year.
Hurco’s longtime CFO resigns
John G. Oblazney, chief financial officer at Hurco Cos. Inc. since 2006, has left the Indianapolis-based company to “pursue other interests,” Hurco announced Monday.
First Financial changes local leadership as it expands
A former Old National executive is taking the reins in the Indianapolis market, and the Cincinnati-based bank’s state operations chief has moved to Carmel to get a better on-the-ground perspective of the growth market.
WellPoint dismisses former interim-CEO Cannon
John Cannon, the man credited with righting the ship at WellPoint Inc., was terminated without cause this week, the company disclosed in a securities filing Friday morning.
Incoming OneAmerica chief has big goals for growth
As Scott Davison steps into the shoes of OneAmerica’s retiring CEO Dayton Molendorp, who led a massive expansion of the company in recent years, he’ll be challenged to keep growing pains at a minimum.
Smith shuns retirement for stint as Chase Indiana chair
Local banking veteran and community leader Albert J. Smith Jr. is eight years older than his predecessor, who retired in January.
Longtime Simon Property CFO stepping down
Stephen Sterrett joined the predecessor to Simon Property Group Inc. in 1989, before the retailing giant went public in 1993 and eventually became the world’s largest mall developer.
Key ExactTarget exec steps down
Tim Kopp, who was responsible for ExactTarget’s global marketing efforts during some of its most explosive growth, says he plans to take it easy and dabble in startups and not-for-profits.
Simon amends plan for CEO’s controversial $154M bonus
Simon Property Group has tied CEO David Simon’s $154 million retention bonus to the financial performance of the company, but plaintiffs in a related legal action are not satisfied.
St. Vincent Health names new CEO from Valparaiso
Jonathan S. Nalli, 39, has led Porter Health System in Valparaiso since 2007. He will take over the 22-hospital St. Vincent system on Feb. 1.
HHGregg’s CFO to depart in January
Jeremy J. Aguilar plans to take a similar position with another company, the Indianapolis-based retailer announced Thursday.
Community Health CFO makes sudden exit
Tom Fischer, the chief financial and chief operating officer of Community Health Network, departed suddenly this month. Sources with knowledge of the situation described Fischer’s exit as a firing. But a Community spokeswoman said Fischer resigned in a private meeting with Community CEO Bryan Mills.