Lloyd Yates is the current President and CEO of NiSource Inc., having stepped into the role on February 14, 2022, after a successful career at Duke Energy. He has a solid background in utilities and customer operations, focusing on improving...

Current Market Cap

$15.61B

Number of Employees

7.41K

Total Compensation

2022 - 2023

Trending up by 71.99% last year
Showing total compensation for the last 2022 - 2023

Stock

Down by -100.00% last year

Salary

Up by 18.48% last year

Bonus

Up by 386.25% last year

Other

Up by 395.84% last year

Year

2023

Total Compensation

$4.01M

Salary

$1.04M

Board Justification

The compensation philosophy is designed to attract and retain top executive talent while aligning their interests with those of the shareholders through performance-based incentives.

Bonus

$2.50M

Board Justification

The bonus is based on the company's performance metrics, resulting in a payout of $2,500,000 for the year 2023.

Other

$466.59K

Board Justification

Other compensation includes contributions to retirement plans and perquisites such as relocation assistance and personal use of company aircraft.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics include financial performance, operational excellence, and customer satisfaction, which directly influence the short-term incentive payouts.

SEC Filing

From April 1, 2024