Pence Appoints OneAmerica Chairman to IEDC Board

Governor Mike Pence has appointed Dayton Molendorp to the Indiana Economic Development Corp. Board of Directors. He served as president and chief executive officer from 2004 to 2014 for OneAmerica. Under his leadership, the business grew from under $15 billion in assets to more than $36 billion. OneAmerica’s sales exceeded $2 billion during his time leading the company, where he is credited with advancing the organization to growth during the Great Recession. In 2014, Molendorp retired from the company as president and chief executive officer. He remains chairman of the board for OneAmerica and its parent company American United Mutual Insurance Holding Co. Molendorp is also active in a number of business, industry and civic organizations, which include the U. S. Chamber of Commerce, the Indiana Chamber of Commerce, the Central Indiana Corporate Partnership, the Indianapolis Public Safety Foundation, the Indiana Sports Corp., the Indianapolis Zoo, Teays River Investments LLC, the Sagamore Institute and Wheeler Ministries. He earned bachelor’s degrees in mathematics and business administration from Westmar College in Iowa and also served in the U.S. Air Force. Molendorp replaces former IEDC board member Melanie Walker, who resigned after being appointed to the Indiana University Board of Trustees, and will serve the remainder of her four-year term, which expires in March 2017.