Lilly Endowment Elects Smith as VP

Posted: Updated:
Robert Smith Robert Smith

Lilly Endowment has elected Robert Smith (pictured) vice president for community development, effective July 1. He will succeed Wallace “Ace” Yakey Jr., who will retire from the Endowment June 30. Smith joined Eli Lilly and Co. in 1996 after earning an MBA in finance from the Kelley School of Business at Indiana University. At Lilly, he has served as financial analyst, minority business coordinator, manager of investor relations and director of corporate communications. Smith  moved into his current role in 2005 and serves as senior director of corporate responsibility and president of the Eli Lilly and Co. Foundation. In this role, he oversees a team accountable for Lilly’s philanthropic efforts, including its work in global health and engagement in Indianapolis. His team also oversees Lilly’s major employee volunteer programs and the company’s archives.

Yakey joined the Endowment’s staff on November 1, 1997, as program director in community development. In 2012, he was elected vice president for community development. Before joining the Endowment, Yakey was president of the Indianapolis Economic Development Corp., a nonprofit corporation that was responsible for the retention and expansion of existing businesses in the Indianapolis area, as well as the attraction of new businesses to the region.
The Endowment’s community development division supports efforts that enhance the quality of life in Indianapolis and Indiana. It also provides funding for compelling causes that are consistent with the values and interests of its founders throughout the country.

  • Perspectives

    • (photo courtesy of Conexus)

      October Celebrates Indiana’s Vibrant Manufacturing Industry

      Indiana is the most manufacturing intensive state in the country and more than a third of the state’s GDP comes from the industry. The health and wellness of Indiana’s economy is dependent on the state’s manufacturing industry. But Hoosiers face a challenge: it is expected that nearly a quarter of the current manufacturing workforce will be of retirement age in the next 10 years and we lack the generational workforce to make up that gap.



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • Regal Beloit is closing in Valparaiso. (photo courtesy; The Times of Northwest Indiana)

      Valpo Bearings Plant to Close, Eliminating 160+ Jobs

      Wisconsin-based Regal Beloit Corp. and the union representing workers have reached an agreement about the closing of a helicopter bearing factory in Valparaiso. According to our partners at The Times of Northwest Indiana, the decision will cost between 160 to 170 workers their jobs. 

    • (image courtesy of The Times of Northwest Indiana)

      U.S. Steel Updates Layoff Notice to State

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has updated the State of Indiana regarding its previously announced layoffs at the East Chicago Tin Mill. The company says 314, rather than 307, workers will be displaced when the mill is idled this fall. 

    • The Columbian Home Products plant was built in Terre Haute in 1902.

      Kitchenware Maker to Close in Terre Haute

      Illinois-based Columbian Home Products LLC has sent a letter to the State of Indiana saying it intends to close its plant in Terre Haute and lay off 82 workers. According to the WARN letter sent to the Indiana Department of Workforce Development, the layoffs will begin on December 1. 

    • Chrissy Vasquez and Adam Ramsey

      Indy Reads Adds Staff

      Indy Reads Books has hired Chrissy Vasquez (pictured) as chief development officer to oversee marketing, development and the store. Also, Adam Ramsey (pictured) has been named manager of engagement, specializing in story telling through video and social media. Vasquez previously served as executive director and vice president of operations for Back on My Feet.  

    • (file photo courtesy of Radial)

      Radial to Hire 1,800 Seasonal Workers in Brownsburg

      Pennsylvania-based Radial Inc. has announced plans to grow its seasonal workforce in Brownsburg. The company, which opened its 700,000-square-foot fulfillment center in the Hendricks County city in June, says it will add 1,800 workers ahead of the holiday season. Radial is an e-commerce technology and operations company and says a dramatic increase in online spending will lead to higher demand for workers at the new facility this year. The jobs will mainly be...