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Last updated on Wednesday, December 14, 2016
(INDIANAPOLIS) - Governor Mike Pence Tuesday appointed Dayton Molendorp to the Indiana Economic Development Corporation Board of Directors.
"Dayton Molendorp is a Hoosier business leader," said Governor Mike Pence. "Dayton's leadership and commitment helped OneAmerica reach its strongest financial position in its history. As he serves the state on the IEDC's board, he will continue his tenure of success as he works to attract business investment to Indiana, create more jobs for Hoosiers and grow our state's business climate, which ranks first in the Midwest and fifth in the nation. I look forward to witnessing Dayton's passion unfold in his new capacity as he serves Hoosiers throughout the state."
Molendorp served as president and chief executive officer from 2004 to 2014 for OneAmerica, a national leader in the insurance and financial services marketplace. Under his leadership, the business grew from under $15 billion in assets to more than $36 billion. OneAmerica's sales exceeded $2 billion during his time leading the company, where he is credited with advancing the organization to growth during the Great Recession. In 2014, Molendorp retired from the company as president and chief executive officer. Today he remains chairman of the board for OneAmerica and its parent company American United Mutual Insurance Holding Company (AUMIHC).
Molendorp is also active in a number of business, industry and civic organizations, which include the United States Chamber of Commerce, the Indiana Chamber of Commerce, the Central Indiana Corporate Partnership, the Indianapolis Public Safety Foundation, the Indiana Sports Corporation, the Indianapolis Zoo, Teays River Investments, LLC, the Sagamore Institute and Wheeler Ministries. He earned bachelor's degrees in mathematics and business administration from Westmar College in Iowa and also served in the U.S. Air Force.
He replaces former IEDC board member Melanie Walker, who resigned after being appointed to the Indiana University Board of Trustees, and will serve the remainder of her four-year term, which expires in March 2017.
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