Indiana's highest-paid CEOs: the 50 highest-paid chief executives of public companies.

• Position: Tabular data only

1 STEPHEN C. HILBERT Chairman, president & CEO Conseco, Carmel

1997 TOTAL COMPENSATION: $119,440,536 1997 pay & bonus: $15,417,537 1997 long-term compensation: $4,156,373 1997 stock options exercised: $99,866,626 1997 company revenue: $5.5 bil. 1997 company net income: $567.3 mil. Business: Insurance holding company

2 ROBERT J. LAIKIN CEO Brightpoint, Indianapolis

1997 TOTAL COMPENSATION: $6,250,713 1997 pay & bonus: $900,000 1997 stock options exercised: $5,350,713 1997 company revenue: $1.0 bil. 1997 company net income: $25.5 mil. Business: Handset and accessory distribution, value-added logistics for wireless-communications industry

3 WILLIAM E. BINDLEY Chairman, president & CEO Bindley Western Industries, Indianapolis

1997 TOTAL COMPENSATION: $4,560,266 1997 pay & bonus: $1,419,279 1997 stock options exercised: $3,140,987 1997 company revenue: $7.3 bil. 1997 company net income: $24 mil. Business: Pharmaceutical distribution

4 RANDALL L. TOBIAS Chairman & CEO Eli Lilly & Co., Indianapolis

1997 TOTAL COMPENSATION: $4,412,249 1997 pay & bonus: $2,750,969 1997 long-term compensation: $1,661,280 1997 company revenue: $8.5 bil. 1997 company net loss: $385.1 mil. Business: Pharmaceuticals

5 CHRISTOPHER J. MURPHY III President & CEO 1st Source, South Bend

1997 TOTAL COMPENSATION: $4,016,547 1997 pay & bonus: $1,087,099 1997 long-term compensation: $217,463 1997 stock options exercised: $2,711,985 1997 company revenue: $209 mil. 1997 company net income: $26.5 mil. Business: Bank holding company

6 DOUGLAS W. HUEMME Chairman, president & CEO Lilly Industries, Indianapolis

1997 TOTAL COMPENSATION: $2,763,344 1997 pay & bonus: $1,329,168 1997 stock options exercised: $1,434,176 1997 company revenue: $601.3 mil. 1997 company net income: $28.1 mil. Business: Industrial coatings

7 IAN M. ROLLAND Chairman & CEO Lincoln National Corp., Fort Wayne

1997 TOTAL COMPENSATION: $2,406,581 1997 pay & bonus: $1,082,831 1997 stock options exercised: $1,323,750 1997 company revenue: $4.9 bil. 1997 company net income: $934 mil. Business: Insurance and financial services

8 JAMES A. HENDERSON Chairman & CEO Cummins Engine Co., Columbus

1997 TOTAL COMPENSATION: $2,305,358 1997 pay & bonus: $1,374,092 1997 long-term compensation: $931,266 1997 company revenue: $5.6 bil. 1997 company net income: $212 mil. Business: Diesel engines and related products

9 BYRON O. POND Chairman & CEO Arvin Industries, Columbus

1997 TOTAL COMPENSATION: $2,288,513 1997 pay & bonus: $1,755,975 1997 long-term compensation: $350,350 1997 stock options exercised: $182,188 1997 company revenue: $2.3 bil. 1997 company net income: $66.6 mil. Business: Automotive exhaust systems and ride-control products

10 CHARLOTTE FISCHER Chairman, president & CEO Paul Harris Stores, Indianapolis

1997 TOTAL COMPENSATION: $2,052,905 1997 pay & bonus: $2,052,905 1997 company revenue: $209.2 mil. 1997 company net income: $9.7 mil. Business: Clothing retailer

11 WILLIAM H. LAWSON Chairman & CEO of Franklin Electric Headquarters: Bluffton Business: Electric motors 1997 company revenue: $303.3 mil. 1997 company net income: $25.5 mil. 1997 pay & bonus: $723,548 1997 stock options...