Indianapolis Airport CFO Named Indy CFO Of The Year | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.14.25

Airborne-NextGen-07.15.25

AirborneUnlimited-07.16.25

Airborne-FlightTraining-07.17.25

AirborneUnlimited-07.11.25

Sun, Dec 12, 2010

Indianapolis Airport CFO Named Indy CFO Of The Year

Marsha Stone Recognized By The Indianapolis Business Journal

Marsha Stone, chief financial officer for the Indianapolis Airport Authority, has been named CFO of the Year by the Indianapolis Business Journal. Stone was one of three nominees in the government category.

The third-annual competition included a total of 15 CFOs from private, public, not-for-profit, and government organizations. The nominees and winners in each category were honored at an event at the Westin Hotel in downtown Indianapolis on December 3. Stone oversees all accounting, financial reporting, budgeting, capital financing, business development, air service development, and other revenue-generating functions for Indianapolis International Airport and five general aviation facilities owned by the authority.

She led the financing process for the $1.1 billion Midfield Project, funding construction of the new Indianapolis International Airport which opened in 2008. Her efforts included securing cash from federal funds and six municipal bond transactions over several years. Despite the economic downturn that caused declines in revenue from passenger volumes and landed aircraft weight, the project was completed on time and on budget.

More recently, Stone oversaw negotiations leading to a sweeping new airline use agreement. The agreement reduces the cost of doing business  Indianapolis International Airport and is expected to save the airlines serving Indianapolis about $300 million in operating costs over the next five years. The agreement allows the authority to maintain the financial liquidity required for its capital program without taking on new debt.

Currently, Stone is overseeing IAA’s land use and development study, a major initiative that will set the course for development of central Indiana’s largest airport system over the next 30 years. The aviation co-chair for the 2012 Indianapolis Super Bowl Host Committee, she chairs the finance committee of Airports Council International-North America (ACI-NA).

Stone serves on the Clarian West Medical Center board of managers and is past-president of the Indianapolis chapter of Financial Executives International. She has a B.S. in accounting from Indiana State University.

FMI: www.indianapolisairport.com

Advertisement

More News

ANN's Daily Aero-Term (07.15.25): Charted Visual Flight Procedure Approach

Charted Visual Flight Procedure Approach An approach conducted while operating on an instrument flight rules (IFR) flight plan which authorizes the pilot of an aircraft to proceed >[...]

Aero-News: Quote of the Day (07.15.25)

“When l became the Secretary of Defense, I committed to rebuild our military to match threats to capabilities. Drones are the biggest battlefield innovation in a generation, >[...]

ANN's Daily Aero-Linx (07.15.25)

Aero Linx: Stearman Restorers Association Welcome to the Stearman Restorers Association. The Stearman Restorers Association is an independent “Not for Profit” 501C-3 Co>[...]

NTSB Final Report: Kjelsrud Gary Kitfox

Airplane Exhibited A Partial Loss Of Engine Power When It Was About Halfway Down The Runway Analysis: The pilot of the experimental amateur-built airplane was departing from his pr>[...]

NTSB Prelim: Cessna A150L

The Flight Path Was Consistent With Low-Altitude Maneuvering On June 18, 2025, about 0922 mountain standard time, a Cessna A150L airplane, N6436F, was substantially damaged when it>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC