Nisource Inc (NI) has released an update to notify the public and investors about its officers.
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On January 25, 2024, NiSource Inc. increased the total target direct compensation for Lloyd Yates, President and CEO, to $10.645 million, including a raise in salary, short-term incentive, and long-term incentive, tying a portion to performance metrics. The adjustment reflects recognition of Yates’s transformative leadership and market alignment efforts. Additionally, Shawn Anderson, Executive VP and CFO, received a one-time equity award of $2 million, with a vesting schedule over three years and provisions for certain separations from service.
For further insights into NI corporate activity, check out TipRanks’ Insiders Trading Activity page.
