J.C. Penney CEO leaving to take top spot at Lowe’s
The announced departure of Marvin Ellison on Tuesday sent shares of the struggling department store chain tumbling to an all-time intraday low.
Leadership Transition
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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.
UPDATE: Indianapolis Public Schools’ Lewis Ferebee a finalist to lead Los Angeles schools
Ferebee has made a name for himself nationally by overhauling IPS, converting low-performing schools into “innovation schools” run by outside charter operators but still under the district’s umbrella.
Simon Property’s CFO to retire after 30 years with company
Andrew Juster joined the Indianapolis-based company in 1989 when it was known as Melvin Simon & Associates.
Governor makes utility regulatory leadership moves
Gov. Eric Holcomb on Monday appointed former state representative David Ober to an open spot on the Indiana Utility Regulatory Commission and promoted interim IURC chairman Jim Huston to chairman.
Speak Easy leader McDowell stepping down
Danielle McDowell, who oversaw a period of rapid growth at the Speak Easy, is leaving her role as executive director of the not-for-profit co-working organization after 2-1/2 years at the helm.
Pacers name new PR chief to replace retiring Bill Benner
A Fishers native and Butler University graduate has been hired to succeed senior vice president Bill Benner, a longtime fixture in the local sports community.
Appirio co-founder stepping down as CEO to shape culture at parent firm
Twelve years after co-founding Appirio Inc., Chris Barbin is leaving his role as CEO of the cloud consulting firm based in Indianapolis. But that doesn’t mean he’s retiring.
Legislature to weather an exodus of veterans by November
Twenty of the 150 members of the Indiana General Assembly have either resigned, announced intentions to leave, or are not seeking re-election this year.
Blackmun resigns as CEO as USOC addresses sex-abuse scandal
Scott Blackmun resigned as chief executive of the U.S. Olympic Committee on Wednesday, stepping aside so he can tackle his prostate cancer and to allow the federation to move forward to address the sex-abuse scandal that has rocked gymnastics and other sports.
ISO hires former Omaha Symphony, New York Pops leader as CEO
James Johnson will take over the largest arts-related employer in Indiana, where he’ll oversee 55 administrative staff members, 74 full-time musicians and a $26 million operating budget.
A backup choice, Reich embracing role as new Colts coach
When the Indianapolis Colts offered Frank Reich a chance to be their second choice as head coach, the super sub figured it was the perfect it. “The backup role has suited me well in my career,” he joked Tuesday at his introductory news conference.
City’s historic preservation commission hires from within to fill top post
A 17-year veteran of the Indianapolis Historic Preservation Commission has been appointed administrator of the city body, replacing longtime leader David Baker.
Tech vets Godfrey, Hill jump into operations at Lumavate
Local tech industry entrepreneurs and investors Bill Godfrey and Mark Hill expect their day-to-day involvement to take the Carmel-based software-as-service firm to the next level.
Colts fire Pagano after six seasons as head coach
Head Coach Chuck Pagano finished with a 56-46 overall record after joining the Colts in 2012, but the team has missed the postseason for the past three seasons.
Republicans pick two for top Indiana Senate positions
Republicans who control the Indiana Senate have elevated two lawmakers to top leadership posts that were recently vacated by retiring Sen. Brandt Hershman.
Year in notable deaths includes Hefner, Ailes, Rockefeller
Death claimed several national and international newsmakers in business, finance and public affairs in 2017. Indianapolis also lost several notable public figures.
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.
Merchants Bancorp co-founder to retire amid executive shuffle
The Carmel-based financial company also announced promotions for two other top executives.
Phoenix hires co-leader to manage new theater
New Managing Director Kevin Kruse is the first to answer directly to the board, instead of to Artistic Director Bryan Fonseca.