Hendricks County Flyer, Avon, IN

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Business

March 15, 2013

Ameriana Bancorp names new directors

(Continued)

Prior to moving into business leadership, McConnell had a career with Andersen Consulting (now Accenture) and with Arthur Andersen & Co. He joined Andersen in 1971, immediately following graduation from Miami University in Oxford, Ohio. He was admitted to partnership in 1981 and became managing partner in ‘83, leading the practice through seven years of growth. While no longer licensed, he is a certified public accountant.

McConnell serves as chairman of the board of directors of HRS Consulting, a healthcare consulting organization focused on the electrophysiology market. In addition, he is a member of the board of directors of Bluelock, a cloud computing company. McConnell currently serves on the boards of the Indianapolis affiliate of the American Heart Association and the American Red Cross of Greater Indianapolis. Previously, he sat on the board of governors of the American Red Cross, where he served on the audit committee and was vice chair of the biomedical services committee. He has also served as chair of the board for The Children’s Museum of Indianapolis, Conner Prairie, and the American Red Cross of Greater Indianapolis.

Wells serves as president of REI Investments Inc. and the manager of REI Real Estate Services LLC. Throughout the past 25 years, he has been involved in a number of significant real estate projects, including the JW Marriott Hotel, Marriott Place, Circle City Mall, Wellpoint Operation Center, Emmis Communications Headquarters, and the Indianapolis Marriott Hotel. Currently, REI has a number of hotels and multi-family projects under development in Indianapolis, Louisville, Ky., and Austin, Texas. In addition to his development activities, Wells manages the portfolio of real estate investments owned by REI Real Estate Partnership. These investments include 300 North Meridian in downtown Indianapolis, several parking garages, and numerous suburban office buildings. REI currently has more than $200 million of development projects.

Wells previously served on the board of directors of First Indiana Bank from April 2007 until it was acquired in January ‘08 by Marshall & Ilsley Corporation. He then served on the M&I advisory board until Bank of Montreal (BMO) purchased M&I.

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