Ted Baker has been appointed interim president and chief executive officer of the Northeast Indiana Innovation Center effective July 1, the organization announced Thursday.
Baker, the executive director and CEO of the Innovation Connector in Muncie, will maintain his responsibilities in Muncie, the NIIC said in a statement. He will provide interim executive leadership services locally under a contractual agreement between the Innovation Connector and the local center.
The parties expect the agreement will last up to four months.
“Ted is extremely active and well-known in the incubation industry,” said Larry Rowland, NIIC board chair, in a statement.
“His broad service and affiliation with entrepreneurial organizations within Indiana and nationally, his knowledge of the ecosystem landscape, and his prior collaborative work with The NIIC make him exceptionally well-qualified to assume this role,” Rowland said.
100,000 reserve Ford's e-pickup
Ford Motor Co. hit another milestone with its all-electric 2022 Ford F-150 Lightning. The company has confirmed reaching 100,000 reservations since its global debut three weeks ago.
The automaker accepts $100 refundable reservations to place an order for the 2022 pickup truck, which will be built in a new $700 million plant at the Rouge Complex in Michigan. Ford sells about 1 million Ford F-Series pickups each year.
Ex-UAW president heading to prison
Former United Auto Workers union president Gary Jones will have to spend 28 months in a federal prison and repay thousands of dollars after pleading guilty to two counts of conspiracy.
Federal sentencing guidelines called for Jones to get 46 to 57 months in prison because of his high position in the union. But prosecutors asked for 28 months because Jones accepted responsibility and cooperated as the government went after his cohorts in a wide-ranging probe of union corruption.
Jones, now of Corsicana, Texas, also will have to repay $550,000 to the union and another $42,000 to the Internal Revenue Service. But his liability could be lower depending on amounts paid by other defendants.