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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 1995 PAY & BONUS: $7,822,211 1995 long-term compensation: $2,355,190 1994 pay & bonus: $9,901,899 Pay & bonus change 1994-1995: -21.0% Business: Insurance holding company 1995 company revenue: $2.9 billion 1995 company net income: $220.4 million Joined company: Founded company in 1979 Age: 50 Education: Attended Indiana State University Indiana State University, main campus at Terre Haute; coeducational; est. 1865 as a normal school, became Indiana State Teachers College in 1929, gained university status in 1965. There is also a campus at Evansville (opened 1965).  

2 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 1995 PAY & BONUS: $2,068,377 1995 long-term compensation: $1,697,988 1994 pay & bonus: $1,917,094 Pay & bonus change 1994-1995: 7.9% Business: Pharmaceuticals 1995 company revenue: $6.8 billion 1995 company net income: $2.3 billion Joined company: 1993 Age: 54 Education: B.S. 1964, Indiana University Indiana University, main campus at Bloomington; state supported; coeducational; chartered 1820 as a seminary, opened 1824. It became a college in 1828 and a university in 1838. The medical center (run jointly with Purdue Univ.  

3 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 1995 PAY & BONUS: $1,426,700 1995 long-term compensation: $801,000 1994 pay & bonus: $1,461,460 Pay & bonus change 1994-1995: -2.4% Business: Diesel engines and related products 1995 company revenue: $5.2 billion 1995 company net income: $224 million Joined company: 1964 Age: 61 Education: B.A. 1956, Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities
; M.B.A. 1963, Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College


Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony.
 

4 WILLIAM E. BINDLEY

Chairman, president & CEO Bindley Western Industries, Indianapolis 1995 PAY & BONUS: $ 1,113,404 1994 pay & bonus: $1,069,939 Pay & bonus change 1994-1995: 4.1% Business: Pharmaceutical distribution 1995 company revenue: $4.7 billion 1995 company net income: $16.4 million Joined company: Founded company in 1968 Age: 55 Education: B.S. 1962, Purdue University Purdue University (pərdy`, -d`), main campus at West Lafayette, Ind.  

5 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,  1995 PAY & BONUS: $1,029,893 1995 long-term compensation: $9,773 1995 stock options exercised: $306,000 1994 pay & bonus: $1,060,224 Pay & bonus change 1994-1995: -2.9% 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.
 1995 company revenue: $6.6 billion 1995 company net income: $482.2 million Joined company: 1956 Age: 63 Education: B.A. 1955, DePauw University DePauw University, at Greencastle, Ind.; coeducational; United Methodist; est. 1832, chartered 1837. The school opened in 1838 as Indiana Asbury College, and in 1884 the present name was adopted. ; M.S. 1956, University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries.  

6 ROBERT B. MCDONALD

President & CEO 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., 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.  1995 PAY & BONUS: $941,807 1994 pay & bonus: $602,025 Pay & bonus change 1994-1995: 56.4% Business: Specialty chemicals 1995 company revenue: $2.4 billion 1995 company net income: $295.6 million Joined company: 1968 Age: 59 Education: B.E. 1958, Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was ; M.S. 1960, University of Washington

7 GEORGE A. SISSEL

President & CEO Ball Corp., Muncie 1995 PAY & BONUS: $936,714 1994 pay & bonus: $721,349 Pay & bonus change 1994-1995: 29.9% Business: Packaging products, aerospace and communications systems and services 1995 company revenue: $2.6 billion 1995 company net income: $-21.7 million Joined company: 1970 Age: 59 Education: B.S. 1958, University of Colorado University of Colorado may refer to:
  • University of Colorado at Boulder (flagship campus)
  • University of Colorado at Colorado Springs
  • University of Colorado at Denver and Health Sciences Center
  • University of Colorado system
; J.D. 1966, University of Minnesota (body, education) University of Minnesota - The home of Gopher.

http://umn.edu/.

Address: Minneapolis, Minnesota, USA.
 

8 W AUGUST HILLENBRAND

President & CEO Hillenbrand Industries, Batesville 1995 PAY & BONUS: $883,017 1994 pay & bonus: $844,434 Pay & bonus change 1994-1995: 4.6% Business: Caskets, hospital equipment, insurance 1995 company revenue: $1.6 billion 1995 company net income: $89.9 million Joined company: 1966 Age: 55 Education: B.S. 1965, St. Joseph College

9 JEFFREY H. SMULYAN

Chairman & president Emmis Broadcasting, Indianapolis 1995 PAY & BONUS: $788,853 1994 pay & bonus: $726,436 Pay & bonus change 1994-1995: 8.6% Business: Broadcasting and publishing 1995 company revenue: $99.8 million 1995 company net income: $10.3 million Joined company: Formed company in 1980 Age: 49 Education: B.A. 1969, J.D. 1972, University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission  

10 NORMA Norma

priestess betrays her vows and sacrifices herself in atonement. [Ital. Opera: Bellini Norma in Benét, 720]

See : Sacrifice
 J. OMAN President & CEO

Meridian Insurance Group, Indpls. 1995 PAY & BONUS: $776,591 1995 stock options exercised: $121,267 1994 pay & bonus: $568,199 Pay & bonus change 1994-1995: 36.7% Business: Insurance holding company 1995 company revenue: $159.8 million 1995 company net income: $11.6 million Joined company: 1974 Age: 49 Education: B.A. 1970, M.A. 1971, IU continued on next page

11 GARY L. NEALE

Chairman, president & CEO of NIPSCO NIPSCO Northern Indiana Public Service Company  Industries Headquarters: Hammond Business: Electric and gas utility 1995 company revenue: $1.7 billion 1995 company net income: $175.5 million 1995 long-term compensation: $527,812 1995 PAY & BONUS: $759,034

12 FRANK E. RUSSELL

President & CEO of Central Newspapers Headquarters: Indianapolis Business: Newspapers 1995 company revenue: $579.9 million 1995 company net income: $54 million 1995 PAY & BONUS: $756,624

13 V. JOHN GOODWIN

President & CEO of National Steel Headquarters: Mishawaka Business: Integrated steel production 1995 company revenue: $3 billion 1995 company net income: $110.8 million 1995 PAY & BONUS: $742,840

14 JOHN R. HODOWAL

Chairman & president of IPALCO IPALCO Indianapolis Power and Light Company  Enterprises Headquarters: Indianapolis Business: Electric utility 1995 company revenue: $709.2 million 1995 company net income: $98.8 million 1995 long-term compensation: $567,278 1995 PAY & BONUS: $734,468

15 BYRON O. POND

President & CEO of Arvin Industries Headquarters: Columbus Business: Automotive products 1995 company revenue: $2 billion 1995 company net income: $19 million 1995 stock options exercised: $53,844 1995 PAY & BONUS: $733,156

16 EDWARD J. HUSSEY

Chairman & president of Liberty Homes Headquarters: Goshen Business: Manufactured housing 1995 company revenue: $164.8 million 1995 company net income: $6.4 million 1995 PAY & BONUS: $694,400

17 J. GEORGE MIKELSONS Juris George Mikelsons is the founder of ATA Airlines. He was born in Riga, Latvia in 1938 during the end of the World War II. His family fled to Germany during the mid 1940s to escape the Soviet occupation.  

Chairman & CEO of Amtran Headquarters: Indianapolis Business: Airline and air-charter service 1995 company revenue: $715 million 1995 company net income: $8.5 million 1995 PAY & BONUS: $690,324

18 DOUGLAS W. HUEMME

Chairman, president & CEO of Lilly Industries Headquarters: Indianapolis Business: Industrial product finishes 1995 company revenue: $328.3 million 1995 company net income: $20.3 million 1995 stock options exercised: $68,088 1995 PAY & BONUS: $669,858

19 ARTHUR J. DECIO

Chairman & CEO of Skyline Corp. Headquarters: Elkhart Business: Manufactured housing, recreational vehicles 1995 company revenue: $646.5 million 1995 company net income: $18.2 million 1995 PAY & BONUS: $668,000

20 WILLIAM I. MILLER

Chairman of Irwin Financial Corp. Headquarters: Columbus Business: Financial-services holding company 1995 company revenue: $180 million 1995 company net income: $20.1 million 1995 PAY & BONUS: $635,441

21 DON E. MARSH

Chairman, president & CEO of Marsh Supermarkets Headquarters: Indianapolis Business: Retail grocer 1995 company revenue: $1.3 billion 1995 company net income: $8.6 million 1995 PAY & BONUS: $632,521

22 DAVID David, in the Bible
David, d. c.970 B.C., king of ancient Israel (c.1010–970 B.C.), successor of Saul. The Book of First Samuel introduces him as the youngest of eight sons who is anointed king by Samuel to replace Saul, who had been deemed a failure.
 R. PARIDY

President & CEO of Stant Corp. Headquarters: Richmond Business: Auto parts and tools 1995 company revenue: $612.4 million 1995 company net income: $14.7 million 1995 PAY & BONUS: $619,448

23 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 of 1st Source Corp.

Headquarters: South Bend Business: Bank holding company 1995 company revenue: $154.6 million 1995 company net income: $21 million 1995 long-term compensation: $138,412 1995 PAY & BONUS: $557,910

24 DOUGLAS A. HABIG

President & CEO of Kimball International Headquarters: Jasper Business: Business and home furniture, pianos, electronics 1995 company revenue: $895.9 million 1995 company net income: $41.4 million 1995 PAY & BONUS: $550,913

25 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 1995 company revenue: $300.2 million 1995 company net income: $17.2 million 1995 PAY & BONUS: $535,081

26 DONALD J. EHRLICH

President & CEO of Wabash National Corp. Headquarters: Lafayette Business: Standard and customized truck trailers 1995 company revenue: $734.3 million 1995 company net income: $25.4 million 1995 PAY & BONUS: $528,409

27 WILLIAM H. LAWSON

Chairman, president & CEO of Franklin Electric Co. Headquarters: Bluffton Business: Electric motors 1995 company revenue: $276.4 million 1995 company net income: $15.5 million 1995 stock options exercised: $832,327 1995 PAY & BONUS: $511,501

28 RONALD RONALD Rocketborne Optical Neutral gas Analyzer with Laser Diodes  W. DOLLENS

President & CEO of Guidant Corp. Headquarters: Indianapolis Business: Medical and diagnostic devices 1995 company revenue: $931.3 million 1995 company net income: $101.1 million 1995 long-term compensation: $478,288 1995 PAY & BONUS: $496,287

29 THOMAS H. CORSON

Chairman & CEO of Coachmen Industries Headquarters: Elkhart Business: Recreational vehicles 1995 company revenue: $515.9 million 1995 company net income: $17.5 million 1995 PAY & BONUS: $474,067

30 JAMES O. FUTTERKNECHT JR.

Chairman & CEO of Excel Industries Headquarters: Elkhart Business: Automotive products 1995 company revenue: $596 million 1995 company net income: $16.3 million 1995 PAY & BONUS: $471,011

31 LAWRENCE A. FERGER

President & CEO of Indiana Energy Headquarters: Indianapolis Business: Gas utility holding company 1995 company revenue: $403.8 million 1995 company net income: $33 million 1995 long-term compensation: $132,939 1995 PAY & BONUS: $468,101

32 JOHN C. ALDIN

CEO of Baldwin & Lyons Headquarters: Indianapolis Business: Insurance holding company 1995 company revenue: $86.3 million 1995 company net income: $29.4 million 1995 PAY & BONUS: $459,278

33 JAMES T. MORRIS

Chairman & CEO of IWC IWC International Whaling Commission
IWC Industrial Welfare Commission
IWC Iowa Wesleyan College
IWC International Watch Company (Swiss watch manufacturer)
IWC Ice Water Content
IWC In Which Case
IWC Indianapolis Water Company
 Resources Corp. Headquarters: Indianapolis Business: Water utility holding company 1995 company revenue: $147.1 million 1995 company net income: $12.2 million 1995 long-term compensation: $72,930 1995 PAY & BONUS: $459,276

34 JACKSON R. LEHMAN

Chairman & CEO of Fort Wayne National Corp. Headquarters: Fort Wayne Business: Bank holding company 1995 company revenue: $179.9 million 1995 company net income: $26.7 million 1995 stock options exercised: $102,500 1995 PAY & BONUS: $446,500

35 ALAN B. GILMAN

President & CEO of Consolidated Products Headquarters: Indianapolis Business: Restaurants 1995 company revenue: $190.1 million 1995 company net income: $10 million 1995 long-term compensation: $180,625 1995 stock options exercised: $19,457 1995 PAY & BONUS: $440,631

36 DANIEL B. FITZPATRICK

President & CEO of Quality Dining Headquarters: Mishawaka Business: Restaurant operator 1995 company revenue: $105.3 million 1995 company net income: $5.9 million 1995 PAY & BONUS: $431,129

37 MERVIN D. LUNG

Chairman & CEO of Patrick Industries Headquarters: Elkhart Business: Recreational-vehicle and manufactured-housing supplier 1995 company revenue: $362.5 million 1995 company net income: $10.1 million 1995 PAY & BONUS: $427,822

38 MICHAEL E. THOMAS

President & CEO of Chromcraft Revington Headquarters: Delphi Business: Household and commercial furniture 1995 company revenue: $152.6 million 1995 company net income: $12 million 1995 PAY & BONUS: $425,069

39 KELLY L. ROSE

Chairman, president & CEO of Starcraft Automotive Corp. Headquarters: Goshen Business: Custom van and truck conversions 1995 company revenue: $113.1 million 1995 company net income: $2.8 million 1995 PAY & BONUS: $422,084

40 DAVID H. RUSSELL

President & CEO of Shoe Carnival Headquarters: Evansville Business: Retail shoe stores 1995 company revenue: $228.3 million 1995 company net income: $-7.2 million 1995 PAY & BONUS: $396,441

41 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 1995 company revenue: $140.3 million 1995 company net income: $17.3 million 1995 PAY & BONUS: $396,230

42 THOMAS B. ROLLER

President & CEO of Fruehauf Trailer Corp. Headquarters: Indianapolis Business: Truck trailers 1995 company revenue: $418.8 million 1995 company net income: $-4.5 million 1995 long-term compensation: $103,653 1995 PAY & BONUS: $392,387

43 THOMAS B. CLARK

President & CEO of Alltrista Corp. Headquarters: Muncie Business: Home-canning products, plastic and metal packaging, zinc and industrial plastic products 1995 company revenue: $301.1 million 1995 company net income: $11.5 million 1995 long-term compensation: $16,333 1995 stock options exercised: $43,969 1995 PAY & BONUS: $391,883

44 W. SCOTT WEBBER

President & CEO of Software Artistry Headquarters: Indianapolis Business: Software designer 1995 company revenue: $25.6 million 1995 company net income: $3.7 million 1995 stock options exercised: $865,000 1995 PAY & BONUS: $390,916

45 DONALD E. SMITH

President, CEO & director of First Financial Corp. of Indiana Headquarters: Terre Haute Business: Bank holding company 1995 company revenue: $106.6 million 1995 company net income: $13.3 million 1995 PAY & BONUS: $386,385

46 CHARLOTTE FISCHER

Chairman, president & CEO of Paul Harris Stores Headquarters: Indianapolis Business: Clothing retailer 1995 company revenue: $167.5 million 1995 company net income: $1.6 million 1995 PAY & BONUS: $383,029

47 RONALD D. HUNTER

Chairman, president & CEO of Standard Management Corp. Headquarters: Indianapolis Business: Insurance holding company 1995 company revenue: $30.2 million 1995 company net income: $1.3 million 1995 PAY & BONUS: $376,785

48 RONALD G. REHERMAN

Chairman, president & CEO of SIGCORP Inc. Headquarters: Evansville Business: Gas and electric utility 1995 company revenue: $338.7 million 1995 company net income: $44.8 million 1995 PAY & BONUS: $375,833

49 H. LEE COOPER

Chairman & 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 1995 company revenue: $320.5 million 1995 company net income: $35.7 million 1995 PAY & BONUS: $370,703

50 ALAN H. COHEN cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
 

Chairman, president & CEO of Finish Line Headquarters: Indianapolis Business: Athletic, outdoor and lifestyle footwear and apparel retailer 1995 company revenue: $240.2 million 1995 company net income: $9.7 million 1995 PAY & BONUS: $370,000
COPYRIGHT 1996 Curtis Magazine Group, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996 Gale, Cengage Learning. All rights reserved.

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Title Annotation:tabular data only
Publication:Indiana Business Magazine
Date:Jul 1, 1996
Words:2081
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