NiSource Inc. (NI)

25.90 -0.28 (-1.09%) As of 11:29AM EST. Market open.

NiSource Inc.

801 East 86th Avenue
Merrillville, IN 46410
United States
877 647 5990
https://www.nisource.com

Sector(s): Utilities
Industry: Utilities - Regulated Gas
Full Time Employees: 7,117

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Lloyd M. Yates	President, CEO & Director	2.58M	N/A	1961
Mr. Shawn Anderson	Executive VP & CFO	767.98k	N/A	1982
Mr. William Jefferson Jr.	Executive VP of Operations & Chief Safety Officer	937.75k	N/A	1962
Mr. Donald Eugene Brown	Executive VP & Chief Innovation Officer	1.63M	N/A	1972
Ms. Melody Birmingham	Executive VP of NiSource & Group President of NiSource Utilities	1.25M	N/A	1972
Mr. Gunnar J. Gode	VP, Chief Accounting Officer & Controller	N/A	N/A	1975
Ms. Kimberly S. Cuccia	Senior VP, General Counsel & Corporate Secretary	N/A	N/A	1984
Ms. Melanie Berman	Senior VP & Chief Human Resources Officer	N/A	N/A	1971
Mr. Michael Luhrs	Executive VP of Strategy & Risk and Chief Commercial Officer	N/A	N/A	1973
Vince Parisi	President & COO of Columbia Gas of Ohio	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 859,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,800 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 486,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

Corporate Governance

NiSource Inc.’s ISS Governance QualityScore as of November 28, 2023 is 2. The pillar scores are Audit: 7; Board: 1; Shareholder Rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.