NiSource Management
Management criteria checks 3/4
NiSource's CEO is Lloyd Yates, appointed in Feb 2022, has a tenure of 4.92 years. total yearly compensation is $9.22M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth $2.61M. The average tenure of the management team and the board of directors is 3.1 years and 6 years respectively.
Key information
Lloyd Yates
Chief executive officer
US$9.2m
Total compensation
| CEO salary percentage | 11.3% |
| CEO tenure | 3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.1yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
NiSource: Solid Guidance And Data Center Upside Make Shares Attractive
Feb 12NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet
Feb 11
NiSource (NYSE:NI) Is Paying Out A Larger Dividend Than Last Year
Jan 27NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward
Jan 03There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price
Dec 17Estimating The Fair Value Of NiSource Inc. (NYSE:NI)
Dec 02NiSource: Well-Positioned With Data Center Upside (Rating Upgrade)
Nov 23Does NiSource (NYSE:NI) Have A Healthy Balance Sheet?
Oct 11Returns On Capital Are Showing Encouraging Signs At NiSource (NYSE:NI)
Sep 27Is Now The Time To Put NiSource (NYSE:NI) On Your Watchlist?
Sep 12There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price
Aug 29Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)
Aug 16NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet
Jul 03NiSource's Equity Issuance Reduces Upside (Rating Downgrade)
Jun 21NiSource (NYSE:NI) Is Doing The Right Things To Multiply Its Share Price
Jun 01A Look At The Fair Value Of NiSource Inc. (NYSE:NI)
May 03NiSource Inc.: While Slightly Undervalued, Higher For Longer May Bring A Deeper Discount
Apr 08With NiSource Inc. (NYSE:NI) It Looks Like You'll Get What You Pay For
Apr 05NiSource: A Less Risky Infrastructure Investment With A Growing Yield
Mar 08NiSource: On Your Mark, Get Set, But Not Yet
Dec 13NiSource: Positioned For Solid Dividend Growth
Nov 20NiSource: A Stable Utility Trading At An Attractive Valuation
Sep 10NiSource Stock Looks Fairly Valued
Jun 30NiSource: A Risky Bet In A Stable Industry
Feb 21NiSource declares $0.25 dividend
Jan 26NiSource Q3 2022 Earnings Preview
Nov 04NiSource declares $0.235 dividend
Aug 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$738m |
| Sep 30 2024 | n/a | n/a | US$741m |
| Jun 30 2024 | n/a | n/a | US$732m |
| Mar 31 2024 | n/a | n/a | US$687m |
| Dec 31 2023 | US$9m | US$1m | US$661m |
| 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$73m |
Compensation vs Market: Lloyd's total compensation ($USD9.22M) is about average for companies of similar size in the US market ($USD12.48M).
Compensation vs Earnings: Lloyd's compensation has increased by more than 20% in the past year.
CEO
Lloyd Yates (63 yo)
3yrs
Tenure
US$9,216,681
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 | 3yrs | US$9.22m | 0.014% $ 2.6m | |
| Executive VP & CFO | 1.9yrs | US$2.56m | 0.012% $ 2.2m | |
| Executive VP & Chief Operating and Safety Officer | 3.1yrs | US$2.58m | 0.0020% $ 369.2k | |
| Executive VP & President of NiSource Utilities | 2.6yrs | US$2.91m | 0.0027% $ 499.7k | |
| Executive VP of Strategy & Risk and Chief Commercial Officer | 1.9yrs | US$2.93m | 0.00036% $ 67.1k | |
| VP, Chief Accounting Officer & Controller | 4.5yrs | no data | 0.0046% $ 848.4k | |
| Chief Human Resources Officer & Senior VP of Administration | 3.7yrs | no data | 0.00070% $ 130.5k | |
| Senior VP | 3.3yrs | no data | 0.0094% $ 1.8m | |
| President & COO of Columbia Gas of Pennsylvania and Maryland | no data | no data | no data | |
| President & COO of NIPSCO | 4.7yrs | no data | no data | |
| President & COO of Columbia Gas of Virginia | no data | no data | no data | |
| President & COO of Columbia Gas of Kentucky | no data | no data | no data |
3.1yrs
Average Tenure
51yo
Average Age
Experienced Management: NI's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.9yrs | US$9.22m | 0.014% $ 2.6m | |
| Independent Director | 2.9yrs | US$275.00k | 0.0028% $ 514.7k | |
| Independent Director | 8.1yrs | US$300.00k | 0.010% $ 1.9m | |
| Independent Chairman of the Board | 9.6yrs | US$435.00k | 0.012% $ 2.3m | |
| Independent Director | 16.8yrs | US$284.00k | 0.012% $ 2.2m | |
| Independent Director | 9.6yrs | US$295.00k | 0.014% $ 2.6m | |
| Independent Director | 6.4yrs | US$295.00k | 0.0087% $ 1.6m | |
| Independent Director | 7.6yrs | US$295.00k | 0.013% $ 2.4m | |
| Independent Director | 3.1yrs | US$275.00k | 0.0029% $ 542.6k | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | 5.7yrs | US$278.00k | 0.0078% $ 1.5m | |
| Independent Director | 3yrs | US$275.00k | 0.0029% $ 535.2k |
6.0yrs
Average Tenure
63yo
Average Age
Experienced Board: NI's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 03:33 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
NiSource Inc. is covered by 25 analysts. 11 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 |