Maximum wage: the 50 highest-paid chief executives of public companies.

• Position: Top-Paid CEOs

1 LARRY C. GLASSCOCK

President & CEO of Anthem Inc.

Headquarters: Indianapolis

Business: Health insurance

2001 company revenue: $10.4 bil.

2001 company net income: $342.2 mil.

2001 pay & bonus: $3,272,369

2001 long-term comp.: $12,431,458

2001 TOTAL COMP.: $15,703,827

2 RONALD W. DOLLENS

President & CEO of Guidant Corp.

Headquarters: Indianapolis

Business: Medical and diagnostic devices

2001 company revenue: $2.7 bil.

2001 company net income: $484 mil.

2001 pay & bonus: $664,600

2001 stock options exercised: $8,570,340

2001 TOTAL COMP.: $9,234,940

3 SIDNEY TAUREL

Chairman, president & CEO of Eli Lilly & Co.

Headquarters: Indianapolis

Business: Pharmaceuticals

2001 company revenue: $11.5 bil.

2001 company net income: $2.8 bil.

2001 pay & bonus: $2,177,006

2001 long-term comp.: $2,149,000

2001 TOTAL COMP.: $4,326,006

4 FREDERICK W. ROCKWOOD

President & CEO of Hillenbrand Industries

Headquarters: Batesville

Business: Caskets, health care equipment

2001 company revenue: $2.1 bil.

2001 company net income: $170 mil.

2001 pay & bonus: $2,654,126

2001 long-term comp.: $1,420,126

2001 TOTAL COMP.: $4,074,252

5 WILLIAM I. MILLER

Chairman of Irwin Financial Corp.

Headquarters: Columbus

Business: Financial-services holding company

2001 company revenue: $539.6 mil.

2001 company net income: $45.5 mil.

2001 pay & bonus: $1,185,756

2001 stock options exercised: $1,314,886

2001 TOTAL COMP.: $2,500,642

6 J. RAYMOND ELLIOTT

Chairman, president & CEO of Zimmer Holdings

Headquarters: Warsaw

Business: Orthopedic products

2001 company revenue: $1.2 bil.

2001 company net income: $149.8 mil.

2001 pay & bonus: $1,238,077

2001 long-term comp.: $300,000

2001 TOTAL COMP.: $1,538,077

7 CHRISTOPHER J. MURPHY III

Chairman, president & CEO of 1st Source

Headquarters: South Bend

Business: Bank holding company

2001 company revenue: $335 mil.

2001 company net income: $38.5 mil.

2001 pay & bonus: $1,251,610

2001 long-term comp.: $179,080

2001 TOTAL COMP.: $1,430,690

8 R. DONN ROBERTS

President & CEO of MutualFirst Financial

Headquarters: Muncie

Business: Savings institution holding company

2001 company revenue: $61 mil.

2001 company net income: $8.1 mil.

2001 pay & bonus: $519,290

2001 long-term comp.: $841,000

2001 TOTAL COMP.: $1,360,290

9 THOMAS L. HEFNER

Chairman & CEO of Duke Realty Corp.

Headquarters: Indianapolis

Business: Real-estate investment trust

2001 company revenue: $803.8 mil.

2001 company net income: $230 mil.

2001 pay & bonus: $461,908

2001 long-term comp.: $100,000

2001 stock options exercised: $732,707

2001 TOTAL COMP.: $1,294,615

10 DON E. MARSH

Chairman, president & CEO of Marsh Supermarkets

Headquarters: Indianapolis

Business: Supermarkets and convenience stores

2001 company revenue: $1.9 bil.

2001 company net income: $11.9 mil.

2001 pay & bonus: $1,259,904

2001 stock options exercised: $9,177

2001 TOTAL COMP.: $1,269,081

11 GARY L. NEALE

Chairman, president & CEO of NiSource Inc.

Headquarters: Merrillville

Business: Electric, gas and water utility

2001 company revenue: $9.5 bil.

2001 company net income: $216.2 mil.

2001 pay & bonus: $982,047

2001 long-term comp.: $285,000

2001 TOTAL COMP.: $1,267,047

12 MICHAEL E. THOMAS

Chairman, president & CEO of Chromcraft Revington

Headquarters: Delphi

Business: Household and commercial furniture

2001 company revenue: $217.7 mil.

2001 company net income: $10.5 mil.

2001 pay & bonus: $470,649

2001 long-term comp.: $72,926

2001 stock options exercised: $534,400

2001 TOTAL COMP.: $1,077,975

13 T.M. SOLSO

Chairman & CEO of Cummins Inc.

Headquarters: Columbus

Business: Diesel engines and related products

2001 company revenue: $5.7 bil.

2001 company net loss: $102 mil.

2001 pay & bonus: $1,005,139

2001 long-term comp.: $71,063

2001 TOTAL COMP.: $1,076,202

14 RENE R. CHAMPAGNE

Chairman & CEO of ITT Educational Services

Headquarters: Indianapolis

Business: Technical education

2001 company revenue: $410.6 mil.

2001 company net income: $33.7 mil.

2001 pay & bonus: $1,024,732

2001 TOTAL COMP.: $1,024,732

15 DONALD E. SMITH

Chairman, president & CEO of First Financial Corp.

Headquarters: Terre Haute

Business: Bank holding company

2001 company revenue: $166.1 mil.

2001 company net income: $24.2 mil.

2001 pay & bonus: $1,016,538

2001 TOTAL COMP.: $1,016,538

16 JAMES A. RISINGER

Chairman, president & CEO of Old National Bancorp

Headquarters: Evansville

Business: Bank holding company

2001 company revenue: $742.7 mil.

2001 company net income: $93 mil.

2001 pay & bonus: $950,532

2001 TOTAL COMP.: $950,532

17 MARK P. BULRISS

...