Bill Mays of Mays Chemical Co., Thomas Grein of Eli Lilly & Co., and David Kretschmer of WellPoint Inc. were elected to the top positions on the board of Lynx Capital Corp., a lender of expansion funds to minority-owned businesses.
Mays, retired president of Mays Chemical Co., was re-elected chairman of the Lynx board. Grein, senior vice president and treasurer of Eli Lilly & Co., becomes president of the Lynx board. And Kretschmer, senior vice president, treasurer and chief investment officer of WellPoint becomes the Lynx treasurer.
The board also elected Jean Wojtowicz of Cambridge Capital Management Corp. as secretary.
Grein and Mays were also re-elected to new terms on the board that expire in 2015. Three others were elected to three year terms: Mark Bruin, National Bank of Indianapolis, will serve his first term on the board; Mike Newbold of Huntington National Bank and Willie Roper of Indianapolis Power & Light were elected to new terms.
The remaining members of the board include: Charles Garcia, Garcia Construction Group; Erik Miner, Regions Bank; Mike Rechin, First Merchants Bank; Tom Skidmore, Indiana Economic Development Corp.; Dobbie Smith, Perfect Impressions Printing; and Stephen Stitle, PNC Bank.
Three appointments were made to the Lynx investment committee: Juan Gonzales, Key Bank; Brian Kopp, Eli Lilly & Co.; and Lloyd Lyons, civic leader.
The board elections took place at the Lynx annual meeting.
Lynx Capital Corp. provides growth capital for Indiana-based businesses owned by racial minorities. Since being established in 1991, Lynx has provided $14 million to 72 Indiana companies. Lynx looks for companies that have at least five employees, three years of operating history, and exciting prospects for growth. Lynx can provide $75,000 to $300,000 in loans to these businesses.
For more information, visit www.cambridgecapitalmgmt.com.
