Indiana did lose its Lead Producer/Exec Producer (Rich Taylor) this month to Blizzard, however, he’s gone next week, I think. Rich's role wasn’t the same thing as Project Director, which is Tim Cain, though.
That's sad news. I thought he did great job with Dungeon Siege 3. The game might not have been what DS fans or people here were looking for, but the game was solid and bug free. I would have wanted to see another project lead by him.
Damn Blizzard poaching all the talent.