logo
Canal bridge, Monday hours and new board chair: Newfields unveils changes and new plans

Canal bridge, Monday hours and new board chair: Newfields unveils changes and new plans

Newfields unveiled a revamped fountain, expanded schedule, and new board leadership as part of a slate of recent and coming changes campus officials shared at the 142nd Annual Meeting on May 7.
Starting Memorial Day, the art and nature campus will welcome patrons on Mondays from 10 a.m. to 5 p.m. Mondays, a day on which it was previously closed. The campus will now open every day at 10 a.m., one hour earlier than previously.
The changes will give patrons more time to see the Glick Fountain, newly remodeled to remain historical accurate, which now has a safe pathway around it and artful new spray capabilities.
Darrianne Christian announced the end of her four-year term as chair of Newfields' Board of Trustees on Wednesday night and the board elected new officers and members.
Here are the highlights from Newfields' Wednesday night meeting:
In his first annual meeting at Newfields, CEO and President Le Monte Booker, who joined Newfields in October, announced several key hires. Those include:
More on Le Monte Booker: New Newfields CEO discusses 'secret shopper visits' and why he took the job
The institution is also looking to hire a director of historic properties and three curators to oversee the museum's European, American and Asian art collections.
Booker also said Newfields has been interviewing candidates to fill the role of chief people and culture officer. Ernest Gause, who was terminated in January, previously held the role of chief people, diversity and technology officer. He told IndyStar that he subsequently submitted an accusation of discrimination against the art and nature campus with the U.S. Equal Employment Opportunity Commission, alleging he endured retaliation for highlighting institutional malfeasances as well as race- and age-based discrimination.
Chief People Officer departs: Newfields executive who was recently terminated pursues federal discrimination accusation
In January, Newfields released a statement saying Gause's departure was in no way related to discrimination on the basis of race, gender or age. When asked about the chief people officer position and whether he had additional comment on Gause's departure after the meeting, Booker did not address the termination but focused on what Newfields is seeking in its next chief people officer.
"We have got an amazing, amazing staff here, and they will embrace that new leader," Booker told media after the meeting. "That new leadership is going to go a long way in helping us to achieve the many goals that we have. This is an incredibly, incredibly important position within the organization that is going to help us with our talent management strategy, going to help us continue to refine our culture of excellence and performance."
In the next few years, a new garden and pedestrian walkway will join the Glick Fountain, which was part of the 30-year master plan Newfields put together with David Rubin and the Land Collective landscape architectural firm, said Jonathan Wright, director of the garden and Fairbanks Park. Together, the amenities offer patrons additional destinations throughout the campus and improve overall accessibility by building and connecting more walkways.
Belinda Tate, director of the Indianapolis Museum of Art, shared several new exhibits on the way, many of which will be celebrated June 27 at an "Artful Party." Those include:
In addition, the new Lume exhibit "Connection: Land, Water, Sky — Art & Music from Indigenous Australians" will open May 10. Featurettes by Herron students will follow in late June.
More: Newfields Director Belinda Tate discusses her roots, working through controversy
Christian passed the baton to vice chair Anne Sellers, whose tenure begins this year. On Wednesday night, Christian recounted the highlights of her tenure — including navigating the pandemic; diversifying the board, leadership roles and art collection; and increasing employee salaries — as she broadly referenced the challenges the institution has faced.
"My appointments to board chair occurred as a result of what I call being volun-told by the small but but mighty board chair at the time, a woman who I truly admire, (former Board of Trustees chair) Katie Betley," Christian said.
"It's no secret that I came into this role when everything about being chair at the time was difficult. We were in the midst of global pandemic, a necessary national cultural reckoning and crisis all at once. The past four years have brought transformation, challenge and, most importantly, growth for both Newfields as an institution and for me personally," Christian said. "Together we've made difficult decisions, leaned into hard conversations and committed ourselves to the kind of change and action that doesn't just check boxes but shifts mindsets."
Over the past four years, Newfields has seen several high-profile challenges, including the resignation of CEO Charles Venable after a controversial job post, the abrupt and still unexplained departure of former CEO Colette Pierce Burnette, the subsequent exit of several board members, and Gause's accusation of discrimination after his termination.
Other new additions to the Board of Trustees include Faraz Abbasi, Robert Knowling, Rebecca Kubacki, Mary Madden, Natasha Mann, Susanne McAlister, Joe Molina, Doug Singleton, David Spoelstra and Michelle Taylor.
More: Newfields' handling of CEO's exit is 'an unforced error' eroding public trust, experts say
The IndianapoLIST newsletter has the best shows, art and eats — and the stories behind them

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The 4.4% return this week takes Range Resources' (NYSE:RRC) shareholders five-year gains to 766%
The 4.4% return this week takes Range Resources' (NYSE:RRC) shareholders five-year gains to 766%

Yahoo

timean hour ago

  • Yahoo

The 4.4% return this week takes Range Resources' (NYSE:RRC) shareholders five-year gains to 766%

For many, the main point of investing in the stock market is to achieve spectacular returns. While not every stock performs well, when investors win, they can win big. To wit, the Range Resources Corporation (NYSE:RRC) share price has soared 739% over five years. This just goes to show the value creation that some businesses can achieve. In more good news, the share price has risen 9.9% in thirty days. We love happy stories like this one. The company should be really proud of that performance! After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During the last half decade, Range Resources became profitable. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Range Resources, it has a TSR of 766% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! It's nice to see that Range Resources shareholders have received a total shareholder return of 30% over the last year. Of course, that includes the dividend. However, that falls short of the 54% TSR per annum it has made for shareholders, each year, over five years. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that Range Resources is showing 2 warning signs in our investment analysis , you should know about... For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Investing in Silvercrest Asset Management Group (NASDAQ:SAMG) five years ago would have delivered you a 51% gain
Investing in Silvercrest Asset Management Group (NASDAQ:SAMG) five years ago would have delivered you a 51% gain

Yahoo

time2 hours ago

  • Yahoo

Investing in Silvercrest Asset Management Group (NASDAQ:SAMG) five years ago would have delivered you a 51% gain

If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. But Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) has fallen short of that second goal, with a share price rise of 22% over five years, which is below the market return. The last year has been disappointing, with the stock price down 0.7% in that time. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Silvercrest Asset Management Group actually saw its EPS drop 6.8% per year. Since the EPS are down strongly, it seems highly unlikely market participants are looking at EPS to value the company. The falling EPS doesn't correlate with the climbing share price, so it's worth taking a look at other metrics. We note that the dividend is higher than it was previously - always nice to see. Maybe dividend investors have helped support the share price. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Silvercrest Asset Management Group, it has a TSR of 51% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. Silvercrest Asset Management Group shareholders are up 4.2% for the year (even including dividends). Unfortunately this falls short of the market return. On the bright side, the longer term returns (running at about 9% a year, over half a decade) look better. Maybe the share price is just taking a breather while the business executes on its growth strategy. Keeping this in mind, a solid next step might be to take a look at Silvercrest Asset Management Group's dividend track record. This free interactive graph is a great place to start. Of course Silvercrest Asset Management Group may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Greene County homes for sale were listed at higher prices in May. Here's a look
Greene County homes for sale were listed at higher prices in May. Here's a look

Yahoo

time2 hours ago

  • Yahoo

Greene County homes for sale were listed at higher prices in May. Here's a look

The median home in Greene County listed for $339,500 in May, up 4.8% from the previous month's $323,825, an analysis of data from shows. Compared to May 2024, the median home list price increased 3.9% from $326,625. The statistics in this article only pertain to houses listed for sale in Greene County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at Greene County's median home was 1,884 square feet, listed at $172 per square foot. The price per square foot of homes for sale is up 1% from May 2024. Listings in Greene County moved steadily, at a median 42 days listed compared to the May national median of 51 days on the market. In the previous month, homes had a median of 43 days on the market. Around 504 homes were newly listed on the market in May, a 9.1% increase from 462 new listings in May 2024. The median home prices issued by may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales. Across the Springfield metro area, median home prices rose to $349,900, slightly higher than a month earlier. The median home had 1,885 square feet, at a list price of $173 per square foot. In Missouri, median home prices were $309,999, a slight increase from April. The median Missouri home listed for sale had 1,760 square feet, with a price of $173 per square foot. Throughout the United States, the median home price was $440,000, a slight increase from the month prior. The median American home for sale was listed at 1,840 square feet, with a price of $234 per square foot. The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Springfield News-Leader: Greene County homes for sale were listed at higher prices in May

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store