First Indiana Corporation Elects New Director
April 18 2007 - 2:03PM
PR Newswire (US)
REI Investments President Michael W. Wells Joins Board at April 18
Meeting INDIANAPOLIS, April 18 /PRNewswire-FirstCall/ -- First
Indiana Corporation shareholders today elected Michael W. Wells as
a director of the corporation, effective with the board's April 18
meeting. He will also serve as a director of the corporation's main
subsidiary, First Indiana Bank. Wells serves as president of
Carmel, Ind.-based REI Investments, Inc., and as manager for REI
Real Estate Services, LLC. Over the past 25 years he has been
involved in a significant number of Indianapolis-area real estate
projects including Circle Centre Mall, the North American
Headquarters for Thomson Consumer Electronics, Emmis Communications
Headquarters and the Indianapolis Marriott Downtown. In addition to
these development activities, Wells manages the portfolio of real
estate investments owned by REI Real Estate Services, LLC and REI
Real Estate Partnership. These investments are represented by more
than 25 separate assets including office buildings such as 300
North Meridian in downtown Indianapolis, retail and office spaces
in Carmel and hotel properties in Carmel, Louisville, Austin,
Texas, and Miramar, Fla. Prior to his career with REI, Wells was a
practicing attorney in Indianapolis specializing in the real estate
and tax-exempt financing area. He graduated Magna Cum Laude from
Indiana University School of Law-Indianapolis and received a
bachelor's degree from Purdue University in Interdisciplinary
Engineering. Wells is an active member of the community. He serves
as a board member of the Indianapolis Airport Authority, Indy
Partnership, Indianapolis Zoo, YMCA of Greater Indianapolis,
Indiana Chamber of Commerce, and the Building Owners and Managers
Association. He also serves as chairman of the Indiana Recreational
Development Commission. In addition, Wells is the senior vice
president for the Boy Scouts, a member of the Indianapolis and
Indiana Bar Association and an alumnus of the Stanley K. Lacy
Leadership program. About First Indiana First Indiana Corporation
(NASDAQ:FINB) is a full-service financial services company offering
comprehensive financial solutions to businesses and individuals. It
is the holding company for First Indiana Bank, N.A., the largest
commercial bank headquartered in Indianapolis. Founded in 1915,
First Indiana Bank is a national bank with 32 offices in Central
Indiana. Information about First Indiana is available at (317)
269-1200, or at http://www.firstindiana.com/. DATASOURCE: First
Indiana Corporation CONTACT: Beth Copeland of First Indiana
Corporation, +1-317-269-1395, Web site:
http://www.firstindiana.com/
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