NiSource Management
Management criteria checks 3/4
NiSource's CEO is Lloyd Yates, appointed in Feb 2022, has a tenure of 2.08 years. total yearly compensation is $7.25M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth $5.16M. The average tenure of the management team and the board of directors is 2.1 years and 6.1 years respectively.
Key information
Lloyd Yates
Chief executive officer
US$7.2m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2.1yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
NiSource (NYSE:NI) Shareholders Will Want The ROCE Trajectory To Continue
Jan 08
A Look At The Fair Value Of NiSource Inc. (NYSE:NI)
Dec 21NiSource: On Your Mark, Get Set, But Not Yet
Dec 13NiSource: Positioned For Solid Dividend Growth
Nov 20Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)
Sep 18NiSource: A Stable Utility Trading At An Attractive Valuation
Sep 10NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet
Aug 01NiSource Stock Looks Fairly Valued
Jun 30NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward
Jun 19Calculating The Fair Value Of NiSource Inc. (NYSE:NI)
May 29Here's Why We Think NiSource (NYSE:NI) Might Deserve Your Attention Today
Apr 23NiSource's (NYSE:NI) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05NiSource: A Risky Bet In A Stable Industry
Feb 21Investors Met With Slowing Returns on Capital At NiSource (NYSE:NI)
Feb 11NiSource declares $0.25 dividend
Jan 26NiSource Inc.'s (NYSE:NI) Intrinsic Value Is Potentially 100% Above Its Share Price
Jan 21Here's What To Make Of NiSource's (NYSE:NI) Decelerating Rates Of Return
Nov 08NiSource Q3 2022 Earnings Preview
Nov 04NiSource (NYSE:NI) Seems To Be Using A Lot Of Debt
Oct 12With EPS Growth And More, NiSource (NYSE:NI) Makes An Interesting Case
Sep 05NiSource declares $0.235 dividend
Aug 09NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward
Aug 09NiSource Q2 2022 Earnings Preview
Aug 02NiSource (NYSE:NI) Use Of Debt Could Be Considered Risky
Jul 06If You Like EPS Growth Then Check Out NiSource (NYSE:NI) Before It's Too Late
Jun 06NiSource's (NYSE:NI) Returns Have Hit A Wall
May 09These 4 Measures Indicate That NiSource (NYSE:NI) Is Using Debt Extensively
Apr 04NiSource Inc. (NYSE:NI) Shares Could Be 25% Above Their Intrinsic Value Estimate
Mar 14The Returns At NiSource (NYSE:NI) Aren't Growing
Jan 30Off-Radar NiSource Keeps Optionality For Electric Generation
Jan 04Is NiSource (NYSE:NI) A Risky Investment?
Dec 17Are NiSource Inc. (NYSE:NI) Investors Paying Above The Intrinsic Value?
Nov 26NiSource: Healthy Capex Pipeline In Favorable Regulatory Environments
Oct 12NiSource Q1 2021 Earnings Preview
May 04Here's Why NiSource (NYSE:NI) Is Weighed Down By Its Debt Load
Apr 13Trade Alert: The Senior VP & President of NIPSCO Of NiSource Inc. (NYSE:NI), Michael Hooper, Has Sold Some Shares Recently
Mar 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$662m |
| 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 below average for companies of similar size in the US market ($USD12.08M).
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)
2.1yrs
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 | 2.1yrs | US$7.25m | 0.043% $ 5.2m | |
| Executive VP & CFO | less than a year | US$1.72m | 0.011% $ 1.3m | |
| Executive VP of Operations & Chief Safety Officer | 2.2yrs | US$2.43m | 0.0011% $ 129.8k | |
| Executive VP & Chief Innovation Officer | less than a year | US$2.88m | 0.046% $ 5.5m | |
| Executive VP of NiSource & Group President of NiSource Utilities | 1.7yrs | US$3.65m | 0.0012% $ 147.7k | |
| VP, Chief Accounting Officer & Controller | 3.6yrs | no data | 0.0050% $ 590.7k | |
| Senior VP | 2.3yrs | no data | 0.0084% $ 1.0m | |
| Senior VP & Chief Human Resources Officer | 2.8yrs | no data | 0.0041% $ 483.5k | |
| Executive VP of Strategy & Risk and Chief Commercial Officer | less than a year | no data | 0.00020% $ 23.8k | |
| President & COO of Columbia Gas of Pennsylvania and Maryland | no data | no data | no data | |
| President & COO of NIPSCO | no data | no data | 0.0082% $ 977.7k | |
| President & COO of Columbia Gas of Ohio | 3.8yrs | no data | no data |
2.1yrs
Average Tenure
50yo
Average Age
Experienced Management: NI's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$7.25m | 0.043% $ 5.2m | |
| Independent Director | 2yrs | US$251.29k | 0.0014% $ 170.3k | |
| Independent Director | 7.2yrs | US$303.02k | 0.0093% $ 1.1m | |
| Independent Chairman of the Board | 8.7yrs | US$440.93k | 0.012% $ 1.4m | |
| Independent Director | 15.8yrs | US$275.52k | 0.011% $ 1.3m | |
| Independent Director | 8.7yrs | US$292.62k | 0.013% $ 1.5m | |
| Independent Director | 5.5yrs | US$293.02k | 0.0076% $ 902.7k | |
| Independent Director | 6.7yrs | US$293.02k | 0.012% $ 1.4m | |
| Independent Director | 2.2yrs | US$265.69k | 0.0029% $ 351.3k | |
| Independent Director | 11.8yrs | US$303.02k | 0.017% $ 2.0m | |
| Independent Director | 4.8yrs | US$275.02k | 0.0066% $ 790.7k | |
| Independent Director | 2.1yrs | US$260.81k | 0.0015% $ 183.4k |
6.1yrs
Average Tenure
62.5yo
Average Age
Experienced Board: NI's board of directors are considered experienced (6.1 years average tenure).