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Maximum wage: fifty highest-paid CEOs of public companies.

1

MARK R. HOLDEN (1)

President & CEO, American Commercial Lines, Jeffersonville

2007 TOTAL COMPENSATION: $16,054,202

2

T.M. SOLSO

Chairman & CEO Cummins Inc., Columbus

2007 TOTAL COMPENSATION: $13,223,409

3

SIDNEY TAUREL (2)

Chairman & CEO Eli Lilly & Co., Indianapolis

2007 TOTAL COMPENSATION: $9,469,413

1 MARK R. HOLDEN (1)

President & CEO of American Commercial Lines

Headquarters: Jeffersonville

Business: Marine transportation and services

2007 company revenue: $11 bil.

2007 company net income: $44.4 mil.

2007 salary: $500,000

2007 bonus: $85,875

2007 other compensation.: $5,107,721

2007 stock gains: $10,360,606

2007 TOTAL COMP.: $16,054,202

2 T.M. SOLSO

Chairman & CEO of Cummins Inc

Headquarters: Columbus

Business: Diesel engines and related products

2007 company revenue: $13 bil.

2007 company net income: $739 mil.

2007 salary: $1,110,000

2007 bonus: $6,274,000

2007 other compensation.: $5,839,409

2007 TOTAL COMP.: $13,223,409

3 SIDNEY TAUREL (2)

Chairman & CEO of Eli Lilly & Co

Headquarters: Indianapolis

Business: Pharmaceuticals

2007 company revenue: $18.6 bil.

2007 company net income: $3 bil.

2007 salary: $1,717,417

2007 bonus: $4,035,929

2007 other compensation.: $3,718,067

2007 TOTAL COMP.: $9,469,413

4 FRANCIS J. PETRO

President & CEO of Haynes International

Headquarters: Kokomo

Business: High-performance alloys

2007 company revenue: $559.8 mil.

2007 company net income: $66:1 mil.

2007 salary: $480,000

2007 bonus: $168,000

2007 other compensation.: $65,038

2007 stock gains: $5,253,617

2007 TOTAL COMP.: $5,966,655

5 KEITH E. BUSSE

CEO of Steel Dynamics

Headquarters: Fort Wayne

Business: Steel, rail and building products

2007 company revenue: $4.4 bil.

2007 company net income: $394.6 mil

2007 salary: $767,500

2007 bonus: $1,949,587

2007 other compensation.: $1,107,313

2007 stock gains: $612,760

2007 TOTAL COMP.: $4,437,160

6 ANGELA F. BRALY

President & CEO of WellPoint Inc

Headquarters: Indianapolis

Business: Health insurance

2007 company revenue: $61.1 bil.

2007 company net income: $3.3 bil.

2007 salary: $922,269

2007 bonus: $588,311

2007 other compensation.: $2,609,761

2007 TOTAL COMP.: $4,120,341

7 STEPHEN RUSSELL

Chairman & CEO of Celadon Group

Headquarters: Indianapolis

Business: Transportation

2007 company revenue: $502.7 mil.

2007 company net income: $22.3 mil.

2007 salary: $661,403

2007 bonus: $150,000

2007 other compensation.: $549,594

2007 stock gains: $2,369,938

2007 TOTAL COMP.: $3,720,935

8 BRYAN K. BEDFORD

President & CEO of Republic Airways Holdings

Headquarters: Indianapolis

Business: Regional airline

2007 company revenue: $1.3 bil.

2007 company net income: $82.8 mil.

2007 salary: $340,000

2007 bonus: $599,000

2007 other compensation.: $196,299

2007 stock gains: $2,917,430

2007 TOTAL COMP.: $3,452,729

9 ROBERT J. LAIKIN

Chairman & CEO of Brightpoint

Headquarters: Indianapolis

Business: Services for wireless communications and data industry

2007 company revenue: $4.3 bil.

2007 company net income: $47.4 mil.

2007 salary: $800,000

2007 bonus: $800,000

2007 other compensation.: $304,343

2007 stock gains: $1,350,000

2007 TOTAL COMP.: $3,254,343

10 JAMES C. THYEN

President & CEO of Kimball International

Headquarters: Jasper

Business: Business, institutional and home furniture and components; electronic assemblies

2007 company revenue: $1.3 bil.

2007 company net income: $19.2 mil.

2007 salary: $813,950

2007 bonus: $317,441

2007 other compensation.: $1,284,254

2007 stock gains: $427498

2007 TOTAL COMP.: $2,843,143

11 NIEL C. ELLERBROOK

Chairman & CEO of Vectren

Headquarters: Evansville

Business: Energy and technology holding company

2007 company revenue: $2.3 bil.

2007 company net income: $143.1 mil.

2007 salary: $719,906

2007 bonus: $989,521

2007 other compensation.: $945,244

2007 stock gains: $0

2007 TOTAL COMP.: $2,654,671

12 PETER H. SODERBERG

President & CEO of Hillenbrand Industries *

Headquarters: Batesville

Business: Caskets, health care equipment

2007 company revenue: $2 bil.

2007 company net income: $1906 mil.

2007 salary: $830,575

2007 bonus: $711,245

2007 other compensation.: $988,886

2007 TOTAL COMP.: $2,530,706

13 DENNIS D. OKLAK

Chairman & CEO of Duke Realty Corp

Headquarters: Indianapolis

Business: Real-estate investment trust

2007 company revenue: $923.2 mil.

2007 company net income: $2177 mil.

2007 salary: $696,154

2007 bonus: $1,153,285

2007 other compensation.: $497,538

2007 stock gains: $122,725

2007 TOTAL COMP.: $2,469,702

14 JOHN R. MURPHY

President & CEO of Accuride Corp

Headquarters: Evansville

Business: Commercial vehicle components

2007 company revenue: $1 bil.

2007 company net income: $-8.6 mil.

2007 salary: $564,013

2007 bonus: $580,940

2007 other compensation.: $362,543

2007 stock gains: $413,547

2007 TOTAL COMP.: $1,921,043

15 GARY W. MILLER

CEO of Baldwin & Lyons

Headquarters: Indianapolis

Business: Insurance holding company

2007 company revenue: $243.8 mil.

2007 company net income: $55.1 mil.

2007 salary: $898,867

2007 bonus: $423,163

2007 other compensation.: $120,687

2007 stock gains: $388,650

2007 TOTAL COMP.: $1,831,367

16 KEVIN M. MODANY

Chairman, CEO & president of ITT Educational Services

Headquarters: Indianapolis

Business: Technical education

2007 company revenue: $869.5 mil.

2007 company net income: $151.6 mil.

2007 salary: $555,625

2007 bonus: $996,039

2007 other compensation.: $66,522

2007 TOTAL COMP.: $1,617,186

17 C. JAMES PRIEUR

CEO of Conseco

Headquarters: Carmel

Business: Insurance holding company

2007 company revenue: $4.6 bil.

2007 company net income: $-179.9 mil.

2007 salary: $900,000

2007 bonus: $562,500

2007 other compensation.: $109,187

2007 stock gains: $0

2007 TOTAL COMP.: $1,571,687

18 MICHAEL L. KUBACKI

Chairman, president & CEO of Lakeland Financial Corp.

Headquarters: Warsaw

Business: Bank holding company

2007 company revenue: $1376 mil.

2007 company net income: $19.2 mil.

2007 salary: $398,462

2007 bonus: $144,000

2007 other compensation.: $29,107

2007 stock gains: $838,341

2007 TOTAL COMP.: $1,409,910

19 MICHAEL DOAR

Chairman & CEO of Hurco Companies

Headquarters: Indianapolis

Business: Computer numerical control systems; computerized machine systems for metal cutting/fabrication

2007 company revenue: $188 mil.

2007 company net income: $20.9 mil.

2007 salary: $328,239

2007 bonus: $670,000

2007 other compensation.: $69,548

2007 stock gains: $233,145

2007 TOTAL COMP.: $1,300,932

20 DAVID C. DVORAK

President & CEO of Zimmer Holdings

Headquarters: Warsaw

Business: Orthopedic products

2007 company revenue: $3.9 bil.

2007 company net income: $773.2 mil.

2007 salary: $605,731

2007 bonus: $409,889

2007 other compensation.: $236,536

2007 TOTAL COMP.: $1,252,156

21 CHRISTOPHER J. MURPHY III

Chairman, president & CEO of 1st Source

Headquarters: South Bend

Business: Bank holding company

2007 company revenue: $324.2 mil.

2007 company net income: $305 mil.

2007 salary: $649,231

2007 bonus: $418,890

2007 other compensation.: $177,306

2007 TOTAL COMP.: $1,245,427

22 NORMAN L. LOWERY

Vice chairman & CEO of First Financial Corp.

Headquarters: Terre Haute

Business: Bank holding company

2007 company revenue: $169.2 mil.

2007 company net income: $25.6 mil.

2007 salary: $596,066

2007 bonus: $623,900

2007 TOTAL COMP.: $1,219,966

23 ROBERT G. JONES

President & CEO of Old National Bancorp

Headquarters: Evansville

Business: Bank holding company

2007 company revenue: $616.5 mil.

2007 company net income: $74.9 mil.

2007 salary: $600,018

2007 bonus: $382,511

2007 other compensation.: $174,461

2007 TOTAL COMP.: $1,156,990

24 MARK L. LEMOND (3)

President & CEO of Shoe Carnival

Headquarters: Evansville

Business: Retail shoe stores

2007 company revenue: $6587 mil.

2007 company net income: $12.8 mil.

2007 salary: $701,568

2007 other compensation.: $290,908

2007 TOTAL COMP.: $992,476

25 VINOD M. KHILNANI

President & CEO of CTS Corp.

Headquarters: Elkhart

Business: Electronic components

2007 company revenue: $685.9 mil.

2007 company net income: $25.4 mil.

2007 salary: $432,000

2007 bonus: $351,055

2007 other compensation.: $198,319

2007 stock gains: $0

2007 TOTAL COMP.: $981,374

26 ROBERT J. KELLER

President & CEO of Escalade

Headquarters: Wabash

Business: Sporting goods and office products

2007 company revenue: $185.6 mil.

2007 company net income: $9.3 mil.

2007 salary: $113,092

2007 other compensation.: $799,793

2007 TOTAL COMP.: $912,885

27 WILLIAM I. MILLER

Chairman, president & CEO of Irwin Financial Corp.

Headquarters: Columbus

Business: Financial-services holding company

2007 company revenue: $540.4 mil.

2007 company net income: $-54.7 mil.

2007 salary: $650,000

2007 bonus: $0

2007 other compensation.: $8,898

2007 stock gains: $217,754

2007 TOTAL COMP.: $876,652

28 ROBERT C. SKAGGS JR.

President & CEO of NiSource Inc

Headquarters: Merrillville

Business: Electric and gas utility

2007 company revenue: $79 bil.

2007 company net income: $321.4 mil.

2007 salary: $750,000

2007 bonus: $0

2007 other compensation.: $61,316

2007 TOTAL COMP.: $811,316

29 R. SCOTT TRUMBULL

Chairman & CEO of Franklin Electric

Headquarters: Bluffton

Business: Electric motors

2007 company revenue: $602 mil.

2007 company net income: $28.7 mil.

2007 salary: $600,010

2007 bonus: $150,000

2007 other compensation.: $7,929

2007 TOTAL COMP.: $757,939

30 RICHARD M. SHEPPERD

President & CEO of Bioanalytical Systems

Headquarters: West Lafayette

Business: Contract research

2007 company revenue: $452 mil.

2007 company net income: $.9 mil.

2007 salary: $420,000

2007 bonus: $295,000

2007 other compensation.: $8,724

2007 TOTAL COMP.: $723,774

31 PAUL E. HASSLER

President & CEO of Patrick Industries

Headquarters: Elkhart

Business: Supplier to recreational vehicles and manufactured- housing industry

2007 company revenue: $435.2 mil.

2007 company net income: $-5.8 mil.

2007 salary: $323,687

2007 bonus: $190,700

2007 other compensation.: $163,788

2007 stock gains: $45,000

2007 TOTAL COMP.: $723,175

32 ALAN GILMAN

Chairman, interim president & CEO of The Steak n Shake Co

Headquarters: Indianapolis

Business: Restaurants

2007 company revenue: $654.1 mil.

2007 company net income: $11.8 mil.

2007 salary: $331,731

2007 stock gains: $112,004

2007 TOTAL COMP.: $718,907

33 MICHAEL T. VEA

Chairman, president & CEO of Integra Bank Corp

Headquarters: Evansville

Business: Bank holding company

2007 company revenue: $229 mil.

2007 company net income: $30.7 mil.

2007 salary: $458,845

2007 bonus: $75,043

2007 other compensation.: $180,924

2007 TOTAL COMP.: $714,812

34 RICHARD J. GIROMINI

President & CEO of Wabash National

Headquarters: Lafayette

Business: Standard/customized truck trailers

2007 company revenue: $1.1 bil.

2007 company net income: $16.3 mil.

2007 salary: $620,000

2007 bonus: $0

2007 other compensation.: $85,522

2007 stock gains: $0

2007 TOTAL COMP.: $705,522

35 JOHN K. KEACH JR.

Chairman, president & CEO of Indiana Community Bancorp

Headquarters: Columbus

Business: Unitary savings and loan holding company

2007 company revenue: $68.1 mil.

2007 company net income: $6.1 mil.

2007 salary: $352,052

2007 bonus: $269,143

2007 other compensation.: $3,090

2007 TOTAL COMP.: $624,285

36 ALAN H. COHEN

Chairman & CEO of Finish Line

Headquarters: Indianapolis

Business: Athletic footwear and apparel retailer

2007 company revenue: $13 bil.

2007 company net income: $-608 mil.

2007 salary: $570,000

2007 bonus: $28,500

2007 other compensation.: $24,967

2007 TOTAL COMP.: $623,467

37 BENJAMIN M. ANDERSON-RAY

Chairman & CEO of Chromcraft Revington

Headquarters: Delphi

Business: Household and commercial furniture

2007 company revenue: $1234 mil.

2007 company net income: $-14.9 mil.

2007 salary: $383,750

2007 bonus: $195,000

2007 other compensation.: $44,173

2807 TOTAL COMP.: $622,923

38 RICHARD M. LAVERS

CEO of Coachmen Industries

Headquarters: Elkhart

Business: Recreational vehicles, modular housing

2007 company revenue: $480.8 mil.

2007 company net income: $-388 mil.

2007 salary: $347,500

2007 bonus: $167,688

2007 other compensation.: $81,543

2007 TOTAL COMP.: $596,731

39 JOHN A. KITE

President & CEO of Kite Realty Group Trust

Headquarters: Indianapolis

Business: Real-estate investment trust

2007 company revenue: $138.8 mil.

2007 company net income: $13.5 mil.

2007 salary: $358,125

2007 bonus: $89,425

2007 other compensation.: $68,160

2007 TOTAL COMP.: $515,710

48 MICHAEL L. COX

President & CEO of First Merchants Corp.

Headquarters: Muncie

Business: Bank holding company

2007 company revenue: $271.3 mil.

2007 company net income: $31.6 mil.

2007 salary: $361,887

2007 bonus: $4,703

2007 other compensation.: $129,667

2007 stock gains: $18,903

2007 TOTAL COMP.: $515,250

41 THOMAS F. PRISBY

Chairman & CEO of CFS Bancorp

Headquarters: Munster

Business: Bank holding company

2007 company revenue: $838 mil.

2007 company net income: $75 mil.

2007 salary: $370,240

2007 bonus: $74,048

2007 other compensation.: $68,317

2007 TOTAL COMP.: $512,605

42 BRIAN S. MOORE

President & CEO of Symmetry Medical

Headquarters: Warsaw

Business: implants, cases and instruments for orthopedic manufacturers

2007 company revenue: $290.9 mil.

2007 company net income: $-1 mil.

2007 salary: $430,000

2007 bonus: $60,000

2007 other compensation.: $16,200

2007 TOTAL COMP.: $506,200

43 DONALD E. BROWN

Chairman, president & CEO of Interactive Intelligence

Headquarters: Indianapolis

Business: Software managing phone, fax and Internet customer interactions

2007 company revenue: $109.9 mil.

2007 company net income: $175 mil.

2007 salary: $325,000

2007 bonus: $174,486

2007 other compensation.: $2,250

2007 stock gains: $0

2007 TOTAL COMP.: $501,736

44 CHARLES J. VIATER

President of MFB Corp.

Headquarters: Mishawaka

Business: Savings institution holding company

2007 company revenue: $35.2 mil.

2007 company net income: $32 mil.

2007 salary: $243,604

2007 bonus: $99,962

2007 other compensation.: $23,922

2007 stock gains: $92,785

2007 TOTAL COMP.: $460,273

45 MARK A. SCHROEDER

President & CEO of German American Bancorp

Headquarters: Jasper

Business: Bank holding company

2007 company revenue: $88 mil.

2007 company net income: $94 mil.

2007 salary: $250,000

2007 bonus: $68,000

2007 other compensation.: $114,594

2007 TOTAL COMP.: $432,594

46 CRAIG M. DWIGHT

President & CEO of Horizon Bancorp

Headquarters: Michigan City

Business: Bank holding company

2007 company revenue: $873 mil.

2007 company net income: $8.1 mil.

2007 salary: $288,400

2007 bonus: $98,056

2007 other compensation.: $46,057

2007 TOTAL COMP.: $432,513

47 JERRY W. THROGMARTIN

CEO of Gregg Appliances

Headquarters: Indianapolis

Business: Appliance and electronics sales

2007 company revenue: $1.1 bil.

2007 company net income: $214 mil.

2007 salary: $303,891

2007 bonus: $39,423

2007 other compensation.: $65,735

2007 TOTAL COMP.: $409,049

48 JAMES L. SANER SR.

President & CEO of MainSource Financial Group

Headquarters: Greensburg

Business: Bank holding company

2007 company revenue: $173 mil.

2007 company net income: $21.9 mil.

2007 salary: $344,852

2007 other compensation.: $24,650

2007 TOTAL COMP.: $369,502

49 JERRY R. ENGLE

Chairman, president & CEO of Lincoln Bancorp

Headquarters: Plainfield

Business: Financial services

2007 company revenue: $587 mil.

2007 company net income: $1.7 mil.

2007 salary: $289,060

2007 bonus: $10,406

2007 other compensation.: $33,047

2007 TOTAL COMP.: $332,513

50 THOMAS G. DERANEK

Vice chairman & CEO of Skyline Corp.

Headquarters: Elkhart

Business: Manufactured housing, recreational vehicles

2007 company revenue: $365.5 mil.

2007 company net income: $26 mil.

2007 salary: $300,000

2007 other compensation.: $4,500

2007 TOTAL COMP.: $304,500

(1) Mark R Holden resigned as president and CEO of American Commercial Lines March 1, 2008, and was succeeded by Michael P. Ryan.

(2) Sidney Taurel retired from Eli Lilly & Co March 31, 2008, and was succeeded by John Lechleiter.

(3) Mark L. Lemond figures are for fiscal year ended February 2. 2008.

Source: Individual company annual reports and proxy statements filed with the U.S. Securities and Exchange Commission. Total compensation includes 2007 salary, 2007 bonuses; other compensation in 2007 including vested restricted stock grants; and stock gains, the value realized In 2007 by exercising stock options
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Title Annotation:INDIANA BUSINESS 100: THE TOP PUBLIC & PRIVATE COMPANIES
Publication:Indiana Business Magazine
Date:Jun 1, 2008
Words:2592
Previous Article:Indiana's largest private companies.
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