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Baker Hill CEO says company will stay in Carmel, announces 7-year lease extension and expansion

Public remarks (transcript) · December 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Andy Ibenkovich, CEO of Baker Hill, told the transcript that the company will extend its lease in Carmel by seven years and expand its office space, citing investor support and Mayor Sault's vision as reasons to remain.

Andy Ibenkovich, CEO of Baker Hill, said the company will remain in Carmel and has arranged a seven-year lease extension and a physical expansion of its local offices.

Ibenkovich said investors based in New York have supported the decision to stay, and he linked the choice to what he described as a shared vision for the city: "the vision that Mayor Sault has for for the city is just right up where private equity wants to invest." He…

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