NiSource Management
Management criteria checks 2/4
NiSource's CEO is Lloyd Yates, appointed in Feb 2022, has a tenure of 1.92 years. total yearly compensation is $7.25M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth R$16.76M. The average tenure of the management team and the board of directors is 2 years and 5.9 years respectively.
Key information
Lloyd Yates
Chief executive officer
US$7.2m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$667m |
| Jun 30 2023 | n/a | n/a | US$642m |
| Mar 31 2023 | n/a | n/a | US$655m |
| Dec 31 2022 | US$7m | US$879k | US$749m |
| Sep 30 2022 | n/a | n/a | US$670m |
| Jun 30 2022 | n/a | n/a | US$668m |
| Mar 31 2022 | n/a | n/a | US$661m |
| Dec 31 2021 | US$252k | n/a | US$530m |
| Sep 30 2021 | n/a | n/a | US$448m |
| Jun 30 2021 | n/a | n/a | US$212m |
| Mar 31 2021 | n/a | n/a | US$147m |
| Dec 31 2020 | US$244k | n/a | -US$73m |
Compensation vs Market: Lloyd's total compensation ($USD7.25M) is about average for companies of similar size in the BR market ($USD5.76M).
Compensation vs Earnings: Lloyd's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Lloyd Yates (62 yo)
1.9yrs
Tenure
US$7,248,412
Compensation
Mr. Lloyd M. Yates served as Director of NiSource Inc. since March 9, 2020 and serves as its President and Chief Executive Officer since February 14, 2022. Mr. Yates served as an Independent Director of So...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | US$7.25m | 0.032% R$ 16.8m | |
| Executive VP & CFO | less than a year | US$1.72m | 0.0073% R$ 3.9m | |
| Executive VP of Operations & Chief Safety Officer | 2yrs | US$2.43m | 0.0012% R$ 622.9k | |
| Executive VP & Chief Innovation Officer | less than a year | US$2.88m | 0.031% R$ 16.2m | |
| Executive VP of NiSource & Group President of NiSource Utilities | 1.5yrs | US$3.65m | 0.0013% R$ 686.3k | |
| VP, Chief Accounting Officer & Controller | 3.4yrs | no data | 0.0027% R$ 1.4m | |
| Senior VP | 2.2yrs | no data | 0.0053% R$ 2.8m | |
| Senior VP & Chief Human Resources Officer | 2.6yrs | no data | 0.0016% R$ 871.0k | |
| Executive VP of Strategy & Risk and Chief Commercial Officer | less than a year | no data | no data | |
| President & COO of Columbia Gas of Pennsylvania and Maryland | no data | no data | no data | |
| President & COO of NIPSCO | no data | no data | 0.0045% R$ 2.4m | |
| President & COO of Columbia Gas of Ohio | 3.6yrs | no data | no data |
2.0yrs
Average Tenure
51yo
Average Age
Experienced Management: N1IS34's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$7.25m | 0.032% R$ 16.8m | |
| Independent Director | 1.8yrs | US$251.29k | 0.0015% R$ 818.3k | |
| Independent Director | 7yrs | US$303.02k | 0.010% R$ 5.3m | |
| Independent Chairman of the Board | 8.5yrs | US$440.93k | 0.012% R$ 6.6m | |
| Independent Director | 15.7yrs | US$275.52k | 0.012% R$ 6.1m | |
| Independent Director | 8.5yrs | US$292.62k | 0.014% R$ 7.3m | |
| Independent Director | 5.3yrs | US$293.02k | 0.0082% R$ 4.3m | |
| Independent Director | 6.5yrs | US$293.02k | 0.013% R$ 6.7m | |
| Independent Director | 2yrs | US$265.69k | 0.0032% R$ 1.7m | |
| Independent Director | 11.7yrs | US$303.02k | 0.018% R$ 9.8m | |
| Independent Director | 4.6yrs | US$275.02k | 0.0072% R$ 3.8m | |
| Independent Director | 1.9yrs | US$260.81k | 0.0017% R$ 881.6k |
5.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: N1IS34's board of directors are considered experienced (5.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/23 09:32 |
| End of Day Share Price | 2023/10/26 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NiSource Inc. is covered by 28 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Hovis | Argus Research Company |
| Nicholas Campanella | Barclays |
| Daniel Ford | Barclays |