LDI installs new Lacy as CEO, hunts for acquisition
J.A. Lacy replaced David Shane, who retired Jan. 1. Lacy wants to add another distribution or logistics and manufacturing firm to the company’s portfolio.
Leadership
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MORRIS: Time for inspirational leadership
Rarely do we hear someone speak who has the potential to change our life, and as a result, the lives of others. I had such an experience recently and I want to share it with you.
WellPoint CEO’s critics suggesting replacements
Another plea for the ouster of WellPoint CEO Angela Braly is spurring discussions among investors and analysts about a replacement. Top suggestions include James G. Carlson, the chief of Amerigroup Corp., and David B. Snow Jr., the former chief of Medco Health Solutions Inc.
Duke Energy director answers questions in merger probe
A long-time Duke Energy Corp. director who led the surprise CEO ouster at the country's largest electric company said Friday that reasons for the move included a long-delayed update on insurance payments for a troubled Florida nuclear power plant and personal meetings that went poorly.
Philanthropist, business leader Eccles dies at 76
Margot Lacy Eccles, a longtime Indianapolis philanthropist and business leader, died Monday at age 76, according to a statement from LDI Ltd.
Defender Direct founder steps down as CEO
Defender, which sells and installs home-security and satellite systems, said company President Marcia Barnes has replaced David P. Lindsey as CEO. Lindsey will retain majority ownership of the company he founded in 1998.
IPS chief White a finalist for top job at Alabama system
Eugene White, superintendent of Indianapolis Public Schools, is now a finalist to lead a school system in Mobile County in Alabama, and he is interviewing for another superintendent’s post in South Carolina.
Big Brothers Big Sisters names new CEO
Interim leader Darcey Palmer-Shultz has been named the new CEO at Big Brothers Big Sisters of Central Indiana, the not-for-profit announced Tuesday.
Black Expo employees lodge complaints against CEO
Seventeen employees sign letter to the organization’s board of directors complaining that Indiana Black Expo President and CEO Tanya Bell has created a hostile work environment.
JA inducting four into Business Hall of Fame
Ceremony at Indiana Roof Ballroom on Feb. 17 will honor Michael G. Browning, David R. Frick, Stephen Russell and the late Eli Lilly.
IPL chief Ann Murtlow is ‘personable’ power
Ann Murtlow's ability to connect with employees and the community has helped her thrive in a male-dominated field. She is one of a only a handful of women in the country to lead utilities.
Brightpoint replaces director hired to lead Six Flags
Brightpoint Inc. said board member James W.P. Reid-Anderson has resigned after being selected last week to become chairman, president and CEO of amusement park operator Six Flags Entertainment Corp.
Not-for-profit Leadership Ventures calling it quits
Local organization that helped other not-for-profits attributes June 30 closing to economic downturn.
LEADING QUESTIONS: Real estate maven keeps even keel
In IBJ's new video feature offering management wisdom, Jeff Henry
of commercial real estate brokerage Cassidy Turley reveals how to keep your staff cool when the heat is on.
Steak n Shake slashes restaurant spending as CEO hoards cash
From 1999 to 2008, Steak n Shake Co. spent an average of $55 million a year to add dozens of restaurants and buy equipment
for existing
ones. In 2009, the locally based
chain spent just $5.8 million.
Cummins engine business president stepping down
Engine maker Cummins Inc. said the head of its engine business is leaving his role in March to pursue other projects at
the company. Jim Kelly joined the company in 1976 and was promoted to president of the engine business in
2005.
Lennen, Ledyard named hospital presidents
Community Health Network has chosen Anthony Lennen as president of Community Hospital South and Dr. Robin Ledyard as president
of Community Hospital East, the health care system announced this morning.
MARCUS: Will children make good leaders?
As a quiet person, I am not likely to intrude when I run across egregious wrongs. Most often I let dastardly deeds go without
comment. Someday, I hope, I will overcome this character defect and stand up in opposition to wrongdoers.
GUY: What price company leadership?
The folks who control executive compensation are often executives themselves. Boards must realize that their self-dealing,
self-benefiting ways are grossly out of line with the true value of one’s contribution to a business and society.
Banker’s seat on board turns into bigger challenge
Within a month of joining the board of Evansville’s Integra Bank Corp. Mike Alley, former CEO of Fifth Third Bancorp’s central Indiana operations, had become Integra’s interim CEO.