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Indiana's highest-paid CEOs: the 50 highest-paid chief executives of public companies.



1 STEPHEN C. HILBERT Chairman, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Conseco, Carmel

1997 TOTAL COMPENSATION: $119,440,536 1997 pay & bonus: $15,417,537 1997 long-term compensation: $4,156,373 1997 stock options exercised: $99,866,626 1997 company revenue: $5.5 bil. 1997 company net income: $567.3 mil. Business: Insurance holding company

2 ROBERT J. LAIKIN CEO Brightpoint, Indianapolis

1997 TOTAL COMPENSATION: $6,250,713 1997 pay & bonus: $900,000 1997 stock options exercised: $5,350,713 1997 company revenue: $1.0 bil. 1997 company net income: $25.5 mil. Business: Handset and accessory distribution, value-added logistics for wireless-communications industry

3 WILLIAM E. BINDLEY Chairman, president & CEO Bindley Western Industries, Indianapolis

1997 TOTAL COMPENSATION: $4,560,266 1997 pay & bonus: $1,419,279 1997 stock options exercised: $3,140,987 1997 company revenue: $7.3 bil. 1997 company net income: $24 mil. Business: Pharmaceutical distribution

4 RANDALL L. TOBIAS Randall L. Tobias (born March 20, 1942) is a former chief executive officer of Eli Lilly and Company who became the first United States Director of Foreign Assistance, and served concurrently as the Administrator of the U.S.  Chairman & CEO Eli Lilly Eli Lilly can refer to:
  • Eli Lilly and Company, a global pharmaceutical company
  • Colonel Eli Lilly (1839-1898), founder of Eli Lilly and Company
  • Eli Lilly (industrialist) (1885-1977), former president of Eli Lilly and Company
 & Co., Indianapolis

1997 TOTAL COMPENSATION: $4,412,249 1997 pay & bonus: $2,750,969 1997 long-term compensation: $1,661,280 1997 company revenue: $8.5 bil. 1997 company net loss: $385.1 mil. Business: Pharmaceuticals

5 CHRISTOPHER J. MURPHY Mur·phy , William Parry 1892-1987.

American physician. He shared a 1934 Nobel Prize for discovering that a diet of liver relieves anemia.
 III President & CEO 1st Source, South Bend South Bend, city (1990 pop. 105,511), seat of St. Joseph co., N Ind., on the great south bend of the St. Joseph River, in a farming and mint-growing region; inc. as a city 1865.  

1997 TOTAL COMPENSATION: $4,016,547 1997 pay & bonus: $1,087,099 1997 long-term compensation: $217,463 1997 stock options exercised: $2,711,985 1997 company revenue: $209 mil. 1997 company net income: $26.5 mil. Business: Bank holding company

6 DOUGLAS W. HUEMME Chairman, president & CEO Lilly Industries, Indianapolis

1997 TOTAL COMPENSATION: $2,763,344 1997 pay & bonus: $1,329,168 1997 stock options exercised: $1,434,176 1997 company revenue: $601.3 mil. 1997 company net income: $28.1 mil. Business: Industrial coatings

7 IAN IAN Interactive Affiliate Network
IAN i am nothing
IAN Instrumentation & Automation News
IAN Ianuarius (Latin: January)
IAN Instituto Agronomico Nacional (Paraguay)
IAN Incident Area Network
 M. ROLLAND Chairman & CEO Lincoln National Corp., Fort Wayne Fort Wayne, city (1990 pop. 173,072), seat of Allen co., NE Ind., where the St. Joseph and St. Marys rivers join to form the Maumee River; inc. 1840. It is the second largest city in the state, a major railroad and shipping point, a wholesale and distribution hub,  

1997 TOTAL COMPENSATION: $2,406,581 1997 pay & bonus: $1,082,831 1997 stock options exercised: $1,323,750 1997 company revenue: $4.9 bil. 1997 company net income: $934 mil. Business: Insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 

8 JAMES A. HENDERSON James A. Henderson was Chairman of the Board from 1995 and Chief Executive Officer from 1994 of Cummins Inc. (manufacturer of diesel and natural gas engines), Columbus, Indiana, until his retirement in December 1999. Mr. Henderson has been a Director of AT&T Inc. since October 1999.  Chairman & CEO Cummins Engine Co., Columbus

1997 TOTAL COMPENSATION: $2,305,358 1997 pay & bonus: $1,374,092 1997 long-term compensation: $931,266 1997 company revenue: $5.6 bil. 1997 company net income: $212 mil. Business: Diesel engines and related products

9 BYRON O. POND Chairman & CEO Arvin Industries, Columbus

1997 TOTAL COMPENSATION: $2,288,513 1997 pay & bonus: $1,755,975 1997 long-term compensation: $350,350 1997 stock options exercised: $182,188 1997 company revenue: $2.3 bil. 1997 company net income: $66.6 mil. Business: Automotive exhaust systems and ride-control products

10 CHARLOTTE FISCHER Chairman, president & CEO Paul Harris Paul Harris may refer to:
  • Paul P. Harris (1868–1947), lawyer who founded the Rotary Club in 1905
  • Paul Harris (basketball) (born 1986), American
  • Paul Harris (choreographer), English
  • Paul Harris (cricketer) (born 1978), South African
 Stores, Indianapolis

1997 TOTAL COMPENSATION: $2,052,905 1997 pay & bonus: $2,052,905 1997 company revenue: $209.2 mil. 1997 company net income: $9.7 mil. Business: Clothing retailer

11 WILLIAM H. LAWSON Chairman & CEO of Franklin Electric Franklin Electric is a leading manufacturer of submersible pumps, fueling systems and other applications such as submersible electric motors & center pivot irrigation systems.

Until 2004, Franklin Electric was primarily a supplier to OEMs such as ITT/Goulds and Pentair.
 Headquarters: Bluffton Business: Electric motors 1997 company revenue: $303.3 mil. 1997 company net income: $25.5 mil. 1997 pay & bonus: $723,548 1997 stock options exercised: $1,306,125 1997 TOTAL COMPENSATION: $2,029,673

12 DOUGLAS K. PINNER Chairman, president & CEO of Tokheim Corp. Headquarters: Fort Wayne Business: Electronic and mechanical petroleum-dispensing marketing systems 1997 company revenue: $385.5 mil. 1997 company net income: $0.6 mil. 1997 pay & bonus: $635,801 1997 long-term compensation: $462,500 1997 stock options exercised: $891,768 1997 TOTAL COMPENSATION: $1,990,069

13 GEORGE A. SISSEL Chairman & CEO of Ball Corp. Headquarters: Muncie Business: Packaging products, aerospace and communications systems and services 1997 company revenue: $2.4 bil. 1997 company net income: $58.3 mil. 1997 pay & bonus: $1,459,083 1997 long-term compensation: $221,032 1997 stock options exercised: $228,909 1997 TOTAL COMPENSATION: $1,909,024

14 W AUGUST (GUS GUS Gemeinschaft Unabhängiger Staaten (German: CIS)
GUS Gravis Ultrasound
GUS Great Universal Stores
GUS Grown Up Soda
GUS Giornalisti Uffici Stampa (Italian)
GUS Guide to the Use of Standards
) HILLENBRAND President & CEO of Hillenbrand Industries Hillenbrand Industries, Inc., is a holding company. It has two subsidiaries. Hill-Rom makes hospital beds, furniture, and other equipment. Batesville Casket Company makes caskets and cremation urns.  Headquarters: Batesville Business: Caskets, hospital equipment, insurance 1997 company revenue: $1.8 bil. 1997 company net income: $157 mil. 1997 pay & bonus: $1,731,127 1997 TOTAL COMPENSATION: $1,731,127

15 JAMES L. LENT Chairman & CEO of Depuy Headquarters: Warsaw Business: Orthopedic products 1997 company revenue: $770.2 mil. 1997 company net income: $122.8 mil. 1997 pay & bonus: $1,090,711 1997 long-term compensation: $532,314 1997 TOTAL COMPENSATION: $1,623,025

16 STEVEN R. ABBOTT President & CEO of Essex International Headquarters: Fort Wayne Business: Electrical wire, cable and insulation products 1997 company revenue: $1.7 bil. 1997 company net income: $84 mil. 1997 pay & bonus: $1,344,760 1997 TOTAL COMPENSATION: $1,344,760

17 ROBERT H. MCKINNEY Chairman & CEO of First Indiana Corp. Headquarters: Indianapolis Business: Savings bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest.  holding company 1997 company revenue: $145.3 mil 1997 company net income: $17.7 mil. 1997 pay & bonus: $254,204 1997 long-term compensation: $357,000 1997 stock options exercised: $660,192 1997 TOTAL COMPENSATION: $1,271,396

18 ROBERT B. MCDONALD President & CEO of Great Lakes Great Lakes, group of five freshwater lakes, central North America, creating a natural border between the United States and Canada and forming the largest body of freshwater in the world, with a combined surface area of c.95,000 sq mi (246,050 sq km).  Chemical Corp. Headquarters: West Lafayette West Lafayette, city (1990 pop. 25,907), Tippecanoe co., W Ind., a suburb of Lafayette, on the Wabash River; inc. 1924. A primarily residential city, it is the seat of Purdue Univ.  Business: Specially chemicals 1997 company revenue: $1.3 bil. 1997 company net income: $57 mil. 1997 pay & bonus: $1,211,980 1997 TOTAL COMPENSATION: $1,211,980

19 JOHN R. HODOWAL Chairman & CEO of IPALCO IPALCO Indianapolis Power and Light Company  Enterprises Headquarters: Indianapolis Business: Holding company for Indianapolis Power & Light Co. and other energy-related companies 1997 company revenue: $776.4 mil. 1997 company net income: $114 mil. 1997 pay & bonus: $1,077,001 1997 long-term compensation: $127,550 1997 TOTAL COMPENSATION: $1,204,551

20 LAWRENCE A. FERGER Chairman, president & CEO of Indiana Energy Headquarters: Indianapolis Business: Natural-gas distribution and marketing, gas portfolio administrative service, electric power marketing 1997 company revenue: $530.4 mil. 1997 company net income: $20.5 mil. 1997 pay & bonus: $713,546 1997 long-term compensation: $297,232 1997 TOTAL COMPENSATION: $1,010,778

21 ALAN B. GILMAN President & CEO of Consolidated Products Headquarters: Indianapolis Business: Restaurants 1997 company revenue: $268.2 mil. 1997 company net income: $16.1 mil. 1997 pay & bonus: $529,725 1997 long-term compensation: $173,750 1997 stock options exercised: $304,536 1997 TOTAL COMPENSATION: $1,008,011

22 GARY L. NEALE Chairman, president & CEO of NIPSCO NIPSCO Northern Indiana Public Service Company  Industries Headquarters: Merrillville Business: Electric gas and water utility 1997 company revenue: $2.6 bil. 1997 company net income: $190.8 mil. 1997 pay & bonus: $959,704 1997 TOTAL COMPENSATION: $959,704

23 OSAMU SAWARAGI Chairman & CEO of National Steel Corp. Headquarters: Mishawaka Business: Integrated steel production 1997 company revenue: $3.1 bil. 1997 company net income: $213.5 mil. 1997 pay & bonus: $950,004 1997 TOTAL COMPENSATION: $950,004

24 KEITH E. BUSSE President & CEO of Steel Dynamics Headquarters: Butler Business: Flat-rolled-steel minimill min·i·mill  
n.
A small mill or plant, especially a steel mill that uses electric furnaces to produce steel from scrap.
 1997 company revenue: $420.1 mil 1997 company net income: $43.9 mil. 1997 pay & bonus: $926,565 1997 TOTAL COMPENSATION: $926,565

25 JEFFREY H. SMULYAN Chairman & president of Emmis Broadcasting Corp. Headquarters: Indianapolis Business: Broadcasting and publishing 1997 company revenue: $103.3 mil. 1997 company net income: $15.4 mil. 1997 pay & bonus: $923,452 1997 TOTAL COMPENSATION: $923,452

26 LOUIS A. WEIL III President & CEO of Central Newspapers Headquarters: Indianapolis Business Newspapers 1997 company revenue: $466.6 mil. 1997 company net income: $32.1 mil. 1997 pay & bonus: $911,390 1997 TOTAL COMPENSATION: $911,390

27 WILLIAM I William I, king of England
William I or William the Conqueror, 1027?–1087, king of England (1066–87). Earnest and resourceful, William was not only one of the greatest of English monarchs but a pivotal figure in European
. MILLER Chairman of Irwin Financial Corp. Headquarters: Columbus Business: Financial-services holding company 1997 company revenue: $274 mil 1997 company net income: $24.4 mil. 1997 pay & bonus: $869,944 1997 TOTAL COMPENSATION: $869,944

28 JOSEPH P. WALKER Chairman, president & CEO of CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS.

(2) (Common Type System) The data typing used in .
 Corp. Headquarters: Elkhart Business: Electronic and electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history).  components 1997 company revenue: $415.2 mil. 1997 company net income: $22.8 mil. 1997 pay & bonus: $835,683 1997 TOTAL COMPENSATION: $835,683

29 ARTHUR J. DECIO Chairman & CEO of Skyline Corp. Headquarters: Elkhart Business: Manufactured housing Manufactured housing (also known as prefab housing) is a type of housing unit that is largely assembled in factories and then transported to sites of use.

In the United States, the term "manufactured home" specifically refers to a house built entirely in a protected
, recreational vehicles 1997 company revenue: $612.6 mil. 1997 company net income: $19.2 mil. 1997 pay & bonus: $807,000 1997 TOTAL COMPENSATION: $807,000

30 STEPHEN RUSSELL
:For the Taoist practitioner, see The Barefoot Doctor.|


Stephen Russell is a voice actor, most known for his voice acting in the Thief game series as the protagonist Garrett.
 Chairman & CEO of Celadon celadon

Chinese, Korean, Siamese, and Japanese stoneware decorated with glazes the colour range of which includes greens of various shades, olive, blue, and gray. The colours are the result of a wash of slip (liquefied clay) containing a high proportion of iron that is
 Group Headquarters: Indianapolis Business: Transportation 1997 company revenue: $191 mil. 1997 company net income: $4.5 mil. 1997 pay & bonus: $800,742 1997 TOTAL COMPENSATION: $800,742

31 RONALD RONALD Rocketborne Optical Neutral gas Analyzer with Laser Diodes  W. DOLLENS President & CEO of Guidant Corp. Headquarters: Indianapolis Business: Medical and diagnostic devices 1997 company revenue: $1.3 bil. 1997 company net income: $145.3 mil. 1997 pay & bonus: $790,666 1997 TOTAL COMPENSATION: $790,666

32 ROBERT G. WATSON Wat·son , James Dewey Born 1928.

American biologist who with Francis Crick proposed a spiral model, the double helix, for the molecular structure of DNA. He shared a 1962 Nobel Prize for advances in the study of genetics.
 President & CEO of Ambanc Corp. Headquarters: Vincennes Business Bank holding company 1997 company revenue: $33.8 mil. 1997 company net income: $8.3 mil. 1997 pay & bonus: $344,572 1997 stock options exercised: $404,308 1997 TOTAL COMPENSATION: $748,880

33 JAMES O. FUTTERKNECHT JR. Chairman, president & CEO of Excel Industries Headquarters: Elkhart Business Automotive products 1997 company revenue: $962.3 mil. 1997 company net income: $17.6 mil. 1997 pay & bonus: $735,544 1997 TOTAL COMPENSATION: $735,544

34 DON E. MARSH Chairman, president & CEO of Marsh Supermarkets Marsh Supermarkets is a retail food chain headquartered in Indianapolis, Indiana, with stores throughout Indiana and parts of Ohio. History
Founded in 1931 in Muncie, the company went public in 1953 and has since grown to 69 locations.
 Headquarters: Indianapolis Business: Retail grocer 1997 company revenue: $1.5 bil. 1997 company net loss: $0.2 mil. 1997 pay & bonus: $700,283 1997 TOTAL COMPENSATION: $700,283

35 DONALD J. EHRLICH President & CEO of Wabash National Wabash National (NYSE: WNC) is one of the world's largest manufacturers of semi-truck trailers. Founded in 1985 and publicly traded since 1991, the company had annual sales for 2006 of approximately $1.3 billion USD.  Headquarters: Lafayette Business: Standard and customized truck trailers 1997 company revenue: $846.1 mil. 1997 company net income: $15.2 mil. 1997 pay & bonus: $690,556 1997 TOTAL COMPENSATION: $690,556

36 DOUGLAS A. HABIG Chairman & CEO of Kimball International Headquarters: Jasper Business: Business, institutional and home furniture and components; electronic assemblies 1997 company revenue: $992 mil. 1997 company net income: $57.7 mil. 1997 pay & bonus: $674,343 1997 TOTAL COMPENSATION: $674,343

37 JAMES J. GIANCOLA President & CEO of CNB CNB Czech National Bank
CNB Centro Nacional de Biotecnologia
CNB City National Bank
CNB Citizens National Bank
CNB Croatian National Bank
CNB Chloronitrobenzene
CNB Corresponsales No Bancarios (Spanish, Colombia) 
 Bancshares Headquarters: Evansville Business: Bank holding company 1997 company revenue: $394.2 mil. 1997 company net income: $49.7 mil. 1997 pay & bonus: $589,950 1997 TOTAL COMPENSATION: $589,950

38 JOHN N. ROYSE Chairman & CEO of Old National Bancorp Headquarters: Evansville Business: Bank holding company 1997 company revenue: $490.3 mil 1997 company net income: $60.7 mil 1997 pay & bonus: $454,541 mil 1997 long-term compensation: $128,154 1997 TOTAL COMPENSATION: $582,695

39 MARK L. LEMOND President & CEO of Shoe Carnival Headquarters: Evansville Business: Retail shoe stores 1997 company revenue: $246.5 mil. 1997 company net income: $7.4 mil. 1997 pay & bonus: $579,181 1997 TOTAL COMPENSATION: $579,181

40 RONALD D. HUNTER Chairman, president & CEO of Standard Management Corp. Headquarters: Indianapolis Business: Insurance holding company 1997 company revenue: $46.9 mil. 1997 company net income: $2.6 mil. 1997 pay & bonus: $560,674 1997 TOTAL COMPENSATION: $560,674

41 GARY W. MILLER President & CEO of Baldwin & Lyons Headquarters: Indianapolis Business: Insurance holding company 1997 company revenue: $69.6 mil. 1997 company net income: $24.4 mil. 1997 pay & bonus: $537,303 1997 TOTAL COMPENSATION: $537,303

42 MICHAEL E. THOMAS President & CEO of Chromcraft Revington Headquarters: Delphi Business: Household and commercial furniture 1997 company revenue: $225.6 mil. 1997 company net income: $14.6 mil. 1997 pay & bonus: $493,058 1997 TOTAL COMPENSATION: $493,058

43 EDWARD C. CRAIG CEO of Miller Building Systems Headquarters: Elkhart Business: Commercial modular structures, telecommunications shelters 1997 company revenue: $46.3 mil. 1997 company net income: $1.6 mil. 1997 pay & bonus: $256,543 1997 stock options exercised: $233,485 1997 TOTAL COMPENSATION: $490,028

44 CLAIRE C. SKINNER Chairman & CEO of Coachmen Industries Headquarters: Elkhart Business: Recreational vehicles 1997 company revenue: $661.6 mil. 1997 company net income: $24.8 mil. 1997 pay & bonus: $448,472 1997 stock options exercised: $40,313 1997 TOTAL COMPENSATION: $488,785

45 THOMAS B. CLARK President & CEO of Alltrista Corp. Headquarters: Muncie Business: Home-canning products, plastic and metal packaging, zinc and industrial plastic products 1997 company revenue: $255.2 mil. 1997 company net income: $14.8 mil 1997 pay & bonus: $477,718 1997 long-term compensation: $7,259 1997 TOTAL COMPENSATION: $484,977

46 ALAN G. SYMONS CEO of Symons International Group Headquarters: Indianapolis Business: Auto and crop insurance 1997 company revenue: $460.6 mil. 1997 company net income: $16.3 mil. 1997 pay & bonus: $478,230 1997 TOTAL COMPENSATION: $478,230

47 JOHN B. SCHEUMANN Chairman & CEO of Crossmann Communities Headquarters: Indianapolis Business: Homebuilder 1997 company revenue: $316.4 mil. 1997 company net income: $20 mil. 1997 pay & bonus: $460,500 1997 long-term compensation: $619 1997 TOTAL COMPENSATION: $461,119

48 RENE R. CHAMPAGNE Chairman, president & CEO of ITT ITT Initial Teacher Training (UK)
ITT I Think That
ITT Invitation To Tender
ITT Individual Time Trial (professional cycling)
ITT Intention-To-Treat
ITT In This Thread (forums) 
 Educational Services Headquarters: Indianapolis Business: Post-secondary associate's- and bachelor's-degree technical education 1997 company revenue: $261.7 mil. 1997 company net income: $19.1 mil. 1997 pay & bonus: $455,675 1997 TOTAL COMPENSATION: $455,675

49 ROBERT E. GRIFFIN Chairman & CEO of Escalade es·ca·lade  
n.
The act of scaling a fortified wall or rampart.



[French, from Italian scalata, ultimately from Latin sc
 Headquarters: Indianapolis Business: Sporting goods and office products 1997 company revenue: $91.5 mil. 1997 company net income: $6.4 mil. 1997 pay & bonus: $431,231 1997 TOTAL COMPENSATION: $431,231

50 BRIAN D. MCLAUGLIN President & CEO of Hurco Companies Headquarters: Indianapolis Business: Computer numerical control Computer numerical control

The method of controlling machines by the application of digital electronic computers and circuitry. Machine movements that are controlled by cams, gears, levers, or screws in conventional machines are directed by computers and
 systems; computerized machine systems for metal cutting/fabrication 1997 company revenue: $95.7 mil. 1997 company net income: $13.8 mil. 1997 pay & bonus: $426,726 1997 TOTAL COMPENSATION: $426,726
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Publication:Indiana Business Magazine
Date:Jul 1, 1998
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