Toll Road Operator Names Board Chair

Posted: Updated:
Denny Oklak served as chairman and CEO of Duke Realty from 2004-2015. Denny Oklak served as chairman and CEO of Duke Realty from 2004-2015.
GRANGER -

The former chief executive officer of Indianapolis-based Duke Realty Corp. (NYSE: DRE) is leading the board of directors for the operator of the Indiana Toll Road. ITR Concession Co. says Denny Oklak was appointed board chairman earlier this month.

Oklak retired in 2015 but remains executive chairman of the Duke Realty Board of Directors. He also serves on the board of directors for the Central Indiana Corporate Partnership, where he previously served as co-chair.

"Mr. Oklak’s outstanding background will keep us focused on our mission to provide a safe, quality roadway to our customers," said ITRCC CEO Ken Daley. "His leadership abilities and community engagement ensure we have the best possible team behind the scenes and are very pleased he has made the commitment to ITRCC."

ITRCC's parent company, IFM Investors, closed on the purchase agreement to operate the Indiana Toll Road and collect toll revenue in May. 

  • Perspectives

    • New Child Tax Credit: Will You Benefit?

      Do you have children? The Child Tax Credit was one of last year's most hotly-debated topics. Several senators, including Marco Rubio, called for a comprehensive overhaul before approving the Tax Cuts and Jobs Act bill. Ultimately, substantial changes were made. Here’s how the changes to the Child Tax Credit may impact you...

    More

Events



  • Most Popular Stories

    • CICF Announces 2018 Board Leadership

      Central Indiana Community Foundation has added board members and named board leadership and for boards of its affiliates. The CICF will be led by Chair: Greg Hahn (pictured), partner at Bose McKinney Evans LLP; Vice Chair: Aasif Bade (pictured), president of Ambrose Property Group; Treasurer: Kathy Davis, systems advisor to Mayor Joe Hogsett and Secretary: Mike Simmons, retired CEO of T2 Systems.

    • Springbuk Plans 'Momentous Announcement'

      Indianapolis-based Springbuk is planning what it calls a "momentous announcement." Indianapolis Mayor Joe Hogsett will join the employer health data company for Monday afternoon's announcement at the Union 525 building downtown. Springbuk is headquartered at the downtown tech hub. Last summer, the company said its customer base had grown to 900, leading it to add about 10 employees.

    • Amazon Bid Draws Eyes to Northwest Indiana

      The mayor of Hammond says, while northwest Indiana was not included in the list of 20 finalists to land Amazon.com Inc.'s (Nasdaq: AMZN) second headquarters, the region's pitch has drawn other interest. Tom McDermott tells our partners at The Times of Northwest Indiana another company is pursuing a $200 million development in the Lake County city. While he declined to name the company considering the investment, McDermott says it involves a tech project at the old State Line...

    • Holcomb Makes Additional Board Appointments

      Governor Eric Holcomb has made another round of appointments and reappointments to various boards and commissions throughout the state. They include the State Ethics Commission and the State Lottery Commission. The appointments include: Gary/Chicago International Airport Authority Board of Directors Tim Fesko (Dyer) will join the board and will serve as its chair. State Ethics Commission: James Clevenger, Corinne Finnerty and Katherine Noel.

    • IU Effort Sets Sights on Orange County

      Indiana University's Center for Rural Engagement will partner with Orange County for its second Sustaining Hoosier Communities project. Through the collaboration, more than 500 students in 15 courses will take part in work on economic, health and quality of life projects in the southwest central Indiana county throughout the academic year. Planned efforts include a community wellness initiative, an incubator kitchen and a youth artisan apprenticeship program.