secwatch.observer — SEC 8-K summary
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Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001193125-22-019965
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NiSource CEO Joe Hamrock to retire Feb 14; Lloyd Yates named successor; two new directors appointed
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- Hamrock to retire as President/CEO and director effective Feb 14, 2022; Yates appointed CEO effective same day.
- Yates receives $1M base salary, $500k sign-on bonus, $4.5M LTI (80% performance-based).
- Sondra Barbour appointed to board immediately; Cassandra Lee appointed effective Feb 14, 2022.
- Longtime director Carolyn Woo retires effective immediately; Hamrock also leaves board.
- Non-employee directors receive $255k annual retainer ($105k cash + $150k RSUs).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000119312522019965/0001193125-22-019965-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000119312522019965/d65024d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-019965

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer