The Indianapolis Museum of Art has selected Thomas Hiatt to chair of its Board of Governors. He is co-founder of Indianapolis-based Centerfield Capital Partners. The museum has also named three new board members.

June 11, 2014

News Release

Indianapolis, Ind. — The Indianapolis Museum of Art (IMA) announced that Thomas Hiatt, founding partner of Centerfield Capital, will succeed June McCormack as chair of the IMA Board of Governors.

Hiatt has more than 25 years of experience working with entrepreneurial companies and non-profit organizations. He has worked in private equity since 1986 and co-founded Centerfield Capital, one of the largest private equity firms based in Indiana, in 1998. In addition, he has served as director for a number of private and publicly held companies and was instrumental in establishing and leading two non-profit organizations.

Until May, Hiatt served as a Vice-Chair of the IMA's Executive Committee and chair of the Development Committee. Hiatt also formed and headed the Search Committee in 2012 which led to selection of Dr. Charles L. Venable as the Melvin & Bren Simon Director & CEO.

“Since I joined the IMA’s Board of Governors in 2010,” said Hiatt, “the institution has celebrated many achievements, including the opening of The Virginia B. Fairbanks Art & Nature Park: 100 Acres; the appointment of Dr. Charles L. Venable as the Melvin & Bren Simon Director and CEO; and the presentation of Matisse, Life in Color, the most comprehensive exhibition of works by Henri Matisse ever to be presented in Indiana.

“I look forward to working closely with Dr. Venable, the other members of the IMA's board and the members of the Museum's staff to further strengthen the Museum and increase the level of the IMA's involvement in our community. We have an extraordinary upcoming exhibition schedule, of which the next highlight is Face to Face: The Neo-Impressionist Portrait, 1886-1904. This exhibit, curated by the IMA's Senior Curator, Ellen Lee, is the world’s first exhibition to focus on the rich history of Neo-Impressionist portraiture. It will open in Indianapolis on June 15th after its successful run in Brussels.

“As an institution, the IMA is financially strong. While we have a significant endowment, the board is committed to further diversifying the IMA’s sources of revenue and reducing the Museum’s reliance on endowment income to insure the institution, one of our community's most important cultural assets, is around for another 130 years. We are also exploring with the Museum’s leadership team plans to substantially increase the IMA’s membership. I'm confident that this institution is poised to reach its next level of success, and I am delighted to have the privilege of working closely with so many talented and committed people at this exciting time in the Museum’s history.”

In addition to electing Hiatt as Chair, the IMA welcomed three new members to its board: David Eskenazi, president of Sandor Development’s Indianapolis division, Michael Kubacki, Chairman and CEO of Lake City Bank and its holding company and Sue Russell, former CEO and founder of Mayfair Lane.

“I am extremely pleased with Tom's appointment as chair of the IMA's Board of Governors. With his entrepreneurial background, his experience in leadership roles in the private sector and in the nonprofit arena, and his ability to bring resources and people together, Tom’s skills fit neatly with the IMA's needs as we continue to explore and implementing innovative ways to fulfill our mission,” said Dr. Charles L. Venable, the Melvin & Bren Simon Director and CEO. “I would also like to extend a warm welcome to David, Michael and Sue. They each bring a unique set of experiences and skills from their involvement with other Indianapolis-based non-profits and their business activities.”

IMA Board of Governors

Thomas Hiatt – Chair

Founding Partner, Centerfield Capital Partners

Matthew Gutwein – Vice Chair

Finance Committee, Chair

President and CEO, Health and Hospital Corporation

Rick. L. Johnson – Vice Chair

Investment Committee, Chair

President and CEO, Johnson Ventures, Inc.

Ersal Ozdemir – Secretary

Government and Community Relations Committee, Chair

President and CEO Keystone Construction

Peter A. Morse, Jr. – Treasurer

Partner, Barnes & Thornburg, LLP

Lynne M. Maguire – At-Large Member of Executive Committee

Compensation Committee, Chair

Vice President, Planning and Marketing, Columbus Regional Hospital

Marya Rose – At-Large Member of Executive Committee

Nominating Committee, Chair

Chief Administrative Officer, Cummins Inc.

June McCormack – Immediate Past Chair

Development Committee, Chair

Executive Vice President, Chief Information Officer & President, Online Division, ITT Technical Institute

The Honorable Sergio Aguilera

Mexican Consul to Indianapolis from 2002 – 2007 and Community Leader

Agatha Barclay

Philanthropist, Community Leader and Author

Kathryn G. Betley

Buildings and Grounds Committee, Chair

Philanthropist and Community Leader

Mary Clare Broadbent

Philanthropist and Community Leader

Bradley B. Chambers

President and CEO, Buckingham Companies

David Eskenazi

President of Sandor Development

Jane Fortune

Philanthropist, Community Leader and Author

Kent Hawryluk

Co-Founder of Marcadia Biotech

Kay Koch

Collections Committee, Chair

Philanthropist and Community Leader

Michael Kubacki

Chairman and CEO of Lake City Bank

Deborah Lilly

Philanthropist and Community Leader

Benjamin A. Pecar

Audit Committee, Chair

Partner, Barnes & Thornburg, LLP

Derica W. Rice

Executive Vice President, Global Services and CFO, Eli Lilly and Company

Michael Robertson, MD

Professor of Medicine in the Division of Hematology/Oncology, IU School of Medicine

Susan Russell

Community Leader and Entrepreneur

Jeffrey Smulyan

President and CEO, Emmis Communications

About the Indianapolis Museum of Art

Founded in 1883, the Indianapolis Museum of Art serves the creative interests of its communities by fostering exploration of arts, design and the natural environment. Encompassing 152 acres of gardens and grounds, the IMA is among the 10 oldest and 10 largest encyclopedic art museums in the United States and features significant collections of African, American, Asian, European, contemporary art and design arts that spans 5,000 years of history. Additionally, art, design and nature are featured at The Virginia B. Fairbanks Art & Nature Park: 100 Acres, Oldfields–Lilly House & Gardens, a historic Country Place Era estate and National Historic Landmark on the IMA grounds, and the Miller House and Garden in Columbus, Indiana, one of the country’s most highly regarded examples of mid-century Modernist residences. For more information visit www.imamuseum.org.

Source: Indianapolis Museum of Art

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