New businesses to open at Carmel City Center

Carmel City Center is welcoming four businesses this spring and summer. Kits & Kaboodle Classic Toys and InCycle Strength will open this spring followed by Manelé Café and Gary Nance Design opening their doors this summer.

Carmel hotel budget jumps, spring opening still set

The city of Carmel says construction of a boutique hotel at Carmel City Center is on schedule, however the budget for the project has grown.

KAR Global names first chief privacy officer

Carmel-based KAR Auction Services Inc. and KAR Global (NYSE: KAR) have named Michelle Bray the first chief privacy officer in the company’s history. Bray is currently vice president of intellectual property and technology counsel and will continue those responsibilities as she steps into her expanded new role.

Merchants Bancorp announces leadership changes

Carmel-based Merchants Bancorp (NASDAQ: MBIN), the parent company of Merchants Bank of Indiana and Merchants Capital Corp., is announcing changes to its subsidiaries’ executive team. The company has promoted Michael Dunlap to chief executive officer of Merchants Bank, Michael Dury to CEO of Merchants Capital and named Mathew Wambua vice chairman of Merchants Capital.