He was instrumental in bringing the Colts to Indianapolis. Although he did not have any prior banking experience, Binford was elected chairman and chief executive officer of Indiana National Corporation, the holding company for the largest bank in the state of Indiana, from 1976 to 1981, turning the company around after it lost money during the 1973–75 recession. He was interim president of DePauw University in 1975-76. Biography īinford attended Princeton University, where he was a member of Phi Beta Kappa. From 1974 to 1995, Binford served as the Chief Steward of the Indianapolis 500, presiding over its transition from United States Auto Club governance to Indy Racing League governance. In addition to his many personal interests, Binford spearheaded a group to buy the Indiana Pacers basketball team in 1975 and served as its president and general manager for one year. He participated in civic, philanthropic, cultural, and political aspects of the city and state and was valued for his sensitivity, wise counsel, personal and financial support, and sincerity. Binford, was a pioneer, visionary, and civil rights leader. One of Indianapolis' most influential men, Thomas W. Thomas Wyatt Wilson Binford (Ap– January 14, 1999) was an Indianapolis-based entrepreneur and philanthropist. Acting President of Depauw University (1975-76)Ĭhairman and CEO of Indiana National Corporation (1976–1981)
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